Managers of Wealth Americas

Asset managers show signs of shift towards investor-centric strategies

The survey conducted by WBR Insights for Northern Trust has revealed evolving priorities within the asset management industry.

Canadian First Time Home Buyers on the Rise as Record Volume of FHSA Activity Soars According to Broadridge

18 financial institutions currently leveraging Broadridge’s solution to help first time homebuyers achieve the dream of buying a house

Morgan Stanley Wealth Management net revenues at nearly $7bn in Q1 2024

The wealth management arm of Morgan Stanley recorded net revenues of $6.9bn in Q1 2024, up from $6.55bn year-on-year.

Maxim Group Expands its Fixed Income Group with the Addition of Stephen Read, Mark Koontz, and Tim Reilly

These additions position Maxim to expand its personalized services into new verticals, including bankruptcy claims and distressed bonds.

Wealth Management M&A Landscape Remains Active

Given those challenges, some observers thought M&A would suffer mightily.

J.P. Morgan Private Bank releases inaugural report on global family offices

Survey data reveals top objectives, investment preferences and management trends for ultra-high-net-worth families

HSBC Holdings plc 1Q 2024 Earnings Release

Annualised ECL as a percentage of gross loans and advances to customers was 30bps in 1Q24, including held for sale balances.

Schroders Capital Teams Up with iCapital to Enable Access to Semi-Liquid Private Equity Strategy

iCapital Marketplace “connects wealth managers, financial advisors, and their clients to a wide selection of alternative investment opportunities offered by the world’s asset managers.”

Kingswood U.S. Named To USA Today's List of Best Financial Advisory Firms for Second Straight Year

Firm honored based on growth and client, peer recommendations

BlackRock Memo Reveals Wealth-Management Shuffle Amid ESG Backlash in Texas

It has faced fierce public criticism from conservative state officials there and lost business over environmentally conscious investing practices.

Paoletti named to Forbes’ Magazine’s list of Best-in-State Wealth Advisors

Forbes’ Best-in-State Wealth Advisors list comprises a select group of individuals who have a minimum of seven years of industry experience

Credent Wealth Management Lands Two New Advisor Firms

Two Independent RIA’s Chose to Join Credent’s Partnership Model

Advisers tailor their services as women grow richer

With female clients controlling a bigger share of global wealth, managers are doing more to address their particular needs

The WealthStack Podcast: Why Estate Planning Is the Next Frontier of Wealth Management With Gene Farrell

As clients become increasingly aware of the complexities of wealth transfer, asset protection and legacy planning, they expect comprehensive guidance from their advisors.

Morgan Stanley Names 10 Women and an Ally as their MAKERS Class of 2024

Nominations were solicited from employees across Morgan Stanley Wealth Management.

SEI Reports First-Quarter 2024 Financial Results

Diluted earnings per share were $0.99 in first-quarter 2024 compared to $0.79 in first-quarter 2023.

Quilter and Canaccord hit by stricken AIM stock which tried to sue Tesla

Shares in Australian capacitor company Cap-XX have fallen 99% over three years due to a litany of issues.

LV= completes its transition to BlackRock as primary asset manager

The transition to BlackRock is part of a wider business strategy to broaden LV’s distribution and investment capability, aligning with LV's ambition to deliver enhanced value for our members.

HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards

New U.S. Head of Wealth and Personal Banking Racquel Oden Announces Launch of Latest Wealth Center Alongside U.S. and Americas CEO Michael Roberts

UBS’s Drew Freides and Michael Kanigher Named to Forbes Best-in-State and Top Wealth Advisors lists

Together with their team, Mainsail Wealth Partners, Drew and Michael are responsible for managing over $8 billion in invested client assets for ultra-high net worth individuals and families.

Wealth and Asset Management