08/14/2024
Family Office Portfolio Construction: Balancing Tradition And Innovation
The move towards alternatives is even more pronounced among larger American family offices.
Wealth and Asset Management
08/14/2024
Former Raymond James Advisor Launches $1B AUM RIA
Crux Wealth Advisors, founded by advisor Travis Alexander, is planning a multi-phase transition, and it will use BNY Pershing for custody.
08/14/2024
Mission Wealth Ranks on the 2024 Inc. 5000
With a 3-year growth rate at 119%, this is Mission Wealth's eighth time being honored on the Inc. 5000 list.
08/14/2024
Elite Team Managing $1.5 Billion in Assets Joins Ameriprise Financial for Sophisticated Resources to Take Their Practice to the Next Level
The team of five financial advisors say their high-net-worth clients will benefit from Ameriprise’s innovative and fully integrated digital capabilities
08/14/2024
Cetera Leans Into Wealth Expertise in 401(k) Participant Programming
Cetera’s head of workplace and retirement plans believes wealth managers’ skills in serving individual clients give them a leg up in 401(k)-to-wealth convergence.
08/13/2024
Family offices race to professionalise services amid industry surge
Governance, management and infrastructure have all improved – but there are still challenges on the horizon
08/13/2024
Launch of Sanctuary Wealth AltVantage Program ("SWAP") Provides Advisors with Enhanced Alternative Investment Education for the Next Wave of Client Wealth
Advisors enrolled in the UniFi by CAIA™ Fundamentals of Alternative Investments certificate program are sponsored by Franklin Templeton and FS Investments
08/13/2024
New RIA Crux Wealth Advisors Launches With Its First Tranche of $1B+ AUM and Additional Set for 2024
Key collaborators include Decerno, Arete, and BNY Pershing
08/13/2024
$8-Mln UBS Team Goes Indie With Ameriprise in Texas
We saw an opportunity with Ameriprise to enhance our client offering
08/12/2024
RBC Wealth Management financial advisors recognized by Forbes as “Top Next-Gen Wealth Advisors”
The ranking is based on interviews, professional credentials, advisor’s compliance records, firm recognition and assets under management.
08/12/2024
Citigroup says wealth unit to sell trust services business
The plan comes as CEO Jane Fraser is carrying out a sweeping overhaul in an effort to improve the bank's performance, cut costs and simplify its sprawling businesses.
08/12/2024
Elon Musk, Jeff Bezos And Other Ultra-Rich In Crosshairs? Economist Says 'No Going Back' On 2% Minimum Billionaires' Tax Proposal
Citing statistics, the economist said a mere 3,000 people now boast of $14.4 trillion of wealth, which equates to 13% of the world’s GDP.
08/12/2024
Charlotte wealth management firm with $1.1B in assets bought by Corient
That includes assets it acquired from Byron and Weston, Florida-based Emerald Multi-Family Office in deals that closed July 31.
08/12/2024
Wealth managers keep their cool amid summer stock storm
Last week’s market volatility did not deter wealth managers from their course, with most prepared to wait or take advantage of share price drops.
08/12/2024
Time in the market is better than trying to time the market
In order to add any value versus a buy-and-hold strategy, you would need to sell high and buy low with the right timing.
08/09/2024
Record 31 J.P. Morgan Wealth Management Advisors Selected for Forbes’ Top Next-Gen List
Half of them repeat on this Forbes top ranking; three make it into the top 100
08/09/2024
Wealth Management Awards 2024 presenta Skandia
Manuel Felipe Garcia: "Investors always seek education, they seek guidance and we start from that"
08/09/2024
Banks can attract the next generation with integrated wealth management and trust services
Some 7 in 10 younger customers prefer combining banking, trust and wealth management relationships.
08/09/2024
Families advised to get governance right ahead of $83tn wealth transfer
Structures are needed to ensure that fortunes pass amicably to the next generation — and are not squandered
08/09/2024
RBC WM: US Recession Risk Rises
The bank advises investors to exercise caution