05/08/2023
IGM Financial Inc: A Leading Wealth and Asset Management Company in Canada
The firm has an impressive market cap of C$9.17 billion and boasts a price-to-earnings (P/E) ratio of 10.86, against the P/E ratio growth of 14.05.
Wealth and Asset Management
05/08/2023
Goldman Sees Family Offices Beefing Up on Stocks, Private Equity
About 12% of family office portfolios on average are in cash or cash equivalents, a level that’s higher than other institutional investors’ positioning, according to the report, which surveyed 166 firms globally.
05/08/2023
Hightower Makes Strategic Investment in TEN Capital Wealth Advisors in Spokane, Wash.
With a motivated team and fast-growing clientele, the $1 billion firm has become a center of influence in the Pacific Northwest
05/05/2023
Fear is the path to... underperformance?
In honor of Star Wars Day (May the Fourth be with you!), let's ignore Han Solo's request (“Never tell me the odds!”) and look at the historical probability of gains and losses for the S&P 500, using different time horizons.
05/05/2023
Wells Fargo is pushing for quantity over quality in its private bank
Today, we've got stories on Goldman Sachs shaking up leadership in its investment bank, a new executive role in Bank of America's tech division, and what the most expensive home in the US looks like.
05/05/2023
Julius Baer senses opportunity in Brazil
UBS’s acquisition of Credit Suisse will further reduce the number of large international private banks in Brazil.
05/05/2023
Modera Wealth Management LLC Invests in Cybersecurity Leader CrowdStrike Holdings, Inc.
CrowdStrike offers cloud-delivered protection across endpoints, cloud workloads, identity and data, along with threat intelligence.
05/05/2023
Pictet announces the closing of its private equity flagship Monte Rosa Fund VI at $1.6 billion and its Monte Rosa Co-Investment V at $900 million
These fundraisings sawsubstantial interest from existing investors in the Monte Rosa franchise and from a new and geographically diversified set of clients.
05/04/2023
Three UBS advisor teams in the Philadelphia D.C. Wealth Management Market recognized by Barron’s
The team operates offices in Philadelphia, New York City and Dallas.
05/04/2023
Fixed Income Strategist: Incorporating high yield into your portfolio
Most clients own a combination of equity and fixed income assets within their portfolio.
05/04/2023
Ty J. Young Wealth Management Acquires Financial Practice of Timothy Nicksick
This is the 32nd acquisition of Ty J. Young Wealth Management in the past five years
05/03/2023
Franklin Templeton Acquires Managed Options Capabilities for Advisors Serving Wealth Management and Institutional Clients
Acquisition of volScout Reinforces Franklin Templeton’s Position as a Top SMA Provider and Enhances Its Custom Solutions Capabilities
05/03/2023
Scotia Wealth Management recognized as Best Domestic Private Bank in Canada by Euromoney's Global Private Banking Awards 2023
Scotia Wealth Management recognized as Best Domestic Private Bank in Canada by Euromoney's Global Private Banking Awards 2023 May 2, 2023
05/03/2023
New Jersey-Based Wealth Management Team Partners with Dynasty Financial Partners to Launch Premier Path
The team, formerly at Merrill Lynch, specializes in addressing the unique needs of high-net-worth clients such as business owners, executives, and multi-generational families.
05/03/2023
Broadridge Data and Analytics and Aiviq Enhance Data Integration and Transparency for Asset Managers
“We will work closely with Broadridge to ensure the speed and availability of global fund data for asset management firms and improve both the quality and efficiency of that data.”
05/02/2023
JPMorgan Chase acquires substantial majority of assets and assumes certain liabilities of First Republic Bank
JPMorgan Chase to protect all deposits -- insured and uninsured -- bringing its financial strength, capabilities and capital to the U.S. banking system and First Republic
05/01/2023
Mason Stevens appoints Citi Securities Services to provide custody and funds administration services
This appointment comes at a significant time for Mason Stevens as it looks to expand its wealth platform offering to deliver premium wealth management solutions.
05/01/2023
Vontobel makes North America a priority after UBS offshore unit deal
Having completed the purchase of UBS’s offshore Swiss wealth unit Swiss Financial Advisers, Vontobel is looking to grow strategically across North America.
04/28/2023
First Republic News Not Set To Affect Broader Sector
The news surrounding the regional American bank has not impacted our investment performance or outlook.
04/28/2023
Morgan Stanley's wealth business just keeps on winning
But Morgan Stanley's success isn't coming in a vacuum.