09/15/2023
UBS CEO committed to staying at the helm through 2026
The biggest bank merger since the global financial crisis was hastily arranged in March by the Swiss government to avert Credit Suisse's collapse.
Wealth and Asset Management
09/14/2023
Citigroup orders major management changes
Significant organisational adjustments are being made by Citi, which will fully integrate the bank's executive structure with its business objectives.
09/13/2023
Black Maple Capital Management LP Shows Confidence in Focus Financial Partners Inc. with Strategic Investment
The acquisition of these shares reinforces Black Maple Capital Management LP’s commitment to prudent and promising investments.
09/13/2023
Family offices shift focus to wealth management amid market volatility
Over half of the respondents, 51%, grew their exposure to fixed income over the past year due to rising interest rates.
09/13/2023
Wealth management tech firm FusionIQ expands into Canada
FusionIQ has been eyeing the Canadian market for several years
09/12/2023
Nomura Asset Management launches new Art. 8 US High Yield strategy
The Continuum fund is benchmarked to the ICE BofA US High Yield Constrained Index, which yields more than 8.5% as of late August.
09/11/2023
Key Family Wealth awarded Best Client Initiative for a Family Office from Wealthmanagement.com
The award recognizes Key Family Wealth's family governance framework which has helped to better prepare family members to responsibly manage generational wealth.
09/11/2023
Strategic visionary who sticks to his guns
Morgan Stanley’s CEO, InvestmentNews' 2023 Icon, has upset advisors at times with his policies but is revered for leading spectacular growth and his Smith Barney ‘master stroke.’
09/08/2023
Two startups merge into $1.2 billion digital family office
Compound, a financial and tax advisory service for tech executives, is joining Alternativ Wealth, a digital RIA, to form Compound Planning.
09/07/2023
Broadridge Named a Leader in Digital Experience Platforms for Asset and Wealth Management Products by Everest Group
Everest Group PEAK Matrix® highlights Broadridge's strength in digital platforms for regulatory investor communications and top rating for value delivered and technology capability
09/07/2023
Financial Planning announces honorees for the 2023 Rising Stars awards, celebrating the future leaders of wealth management
The annual list honors 10 exceptional individuals from organizations of various sizes and concentrations including ACE Advisors, Carson Group and Childfree Wealth.
09/07/2023
Crypto has created 182 centi-millionaires, world’s first Crypto Wealth Report finds
In the global super-rich league, there are now 182 crypto HNWIs with crypto holdings of $100 million, inaugural Henley & Partners report finds
09/06/2023
$4.5 Billion Private Banking Team Chooses Independence with Fidelis Capital to Solve Complex Issues for UHNW Clients
The five-person wealth management team has over 70 years of collective experience serving individuals and families, family offices, and institutions
09/06/2023
Henley & Partners: Crypto Wealth Exceeds $1 Trillion
The total value in Bitcoin alone accounted for more than half at $602 billion.
09/06/2023
Wealth management firms need scale to help advisors thrive
Scale offers the solutions, capital and expertise entrepreneurial financial advisors need to serve their clients with distinction and build strong businesses, no matter what model they choose.
09/06/2023
Crestwood Advisors Completes Merger with Endurance Wealth Management
Boston-based advisory firm expands growing New England footprint into Rhode Island
09/05/2023
Apollo Global positions for family office push
The firm has hired a BlackRock veteran to spearhead the advance.
09/05/2023
Caledonia Investments to sell stake in wealth manager 7IM for $321.5 mln
The deal furthers the consolidation in Britain's money management industry as private equity firms look to snap up investment advisers to either sell them to a competitor or publicly list them.
09/04/2023
Why wealthy customers are the 'most worrisome' for banks right now
Investors continue to flock to money market funds in search of higher yields, posing an ongoing challenge to banks trying to keep deep-pocketed account holders.
09/04/2023
Is this the private equity cycle for Brazilian private banking?
Private bankers are eyeing PE and venture capital investments as digital platforms emerge in Brazil, but personal advisory remains critical.