Managers of Wealth Americas

CI Financial Reports Total Assets of $450.8 Billion for January 2024

All financial amounts in Canadian dollars unless stated otherwise.

Dissatisfied Citi Forces New Telephone Drill on Private Bankers

The new rules are part of efforts to boost the wealth management business.

Hilton Group named to Forbes Best-in-State Wealth Management Teams list

The Hilton Group recognized by Forbes for second year in a row

Perigon Buys $425M Prudeo Partners

The deal is Perigon’s first acquisition after selling a minority stake to Karl Heckenberg’s RIA-focused investment venture.

Rockefeller family’s wealth advisory firm expands into Richmond after luring team from Truist

Rockefeller Global Family Office launched its first local operations earlier this month.

Pontera Partners with CAPTRUST to Enable Enhanced Retirement Planning and Wealth Management Capabilities

CAPTRUST to leverage Pontera's platform to elevate its wealth management services

Pathstone to Acquire Crestone Capital LLC

The acquisition continues to strengthen Pathstone’s position as the largest independent Registered Investment Advisor (“RIA”) focused on serving ultra-high net worth (“UNHW”) families.

Citi wealth management pushes private bankers to record client calls - FT

Private bankers now submit call reports on conversations with clients and are expected to speak with them every 90 days.

David Nicholas of Nicholas Wealth Management named to the 2024 Atlanta Magazine 500 Most Powerful Leaders

The list includes dozens of leaders that the magazine has deemed "Legends".

KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices

Citigroup starts tracking how often private bankers call clients

They have also been encouraged to contact each of their clients at least once every 90 days

Morgan Stanley laying off hundreds in wealth management unit, source says

The wealth management unit became an important moneymaker for the bank after it clinched major acquisitions

Forbes names Krause & Thorpe Best-In-State Wealth Management Team

This award was announced in January 2024 and is based on data as of March 31, 2023.

Twenty-two UBS Advisor Teams in Southern California and Hawaii Named to Forbes Best-in-State Wealth Management Teams List

Of the advisor teams recognized, nine work from the firm’s Orange County offices, ten are based in San Diego County, and three are in Honolulu.

37 UBS advisor teams in Florida named to Forbes Best-In-State Wealth Management Teams list

The Forbes/SHOOK Best-In-State Wealth Management Teams list for 2024 is composed of more than 4,100 teams that collectively manage approximately $5.1 trillion in client assets

Twenty Four Wealth boosts $814M practice with acquisition

Connecticut firm has acquired a $150M firm in New Hampshire.

Family Offices Are Boosting Allocations to Alts in 2024, KKR Says

A survey of 75 family office CIOs shared their plans for portfolios this year.

iCapital® Expands Wealth Management Industry’s Access to Architect, the Leading Portfolio Construction Tool Designed to Build Stronger Portfolios

Available today to over 350,000 US financial professionals, iCapital Architect further enhances iCapital’s technology suite

Macquarie Group 2024 Operational Briefing

The markets-facing businesses’ combined 3Q24 net profit contribution was substantially down on 3Q23.

Why Wealth Management Fees Have Remained Steady and DC Advisory Fees Have Declined

Lessons learned from the wealth management industry.

Wealth and Asset Management