06/27/2025
Family offices double down on private credit and infrastructure during private equity slump, survey finds
Private investment firms of wealthy families are investing more in alternatives, according to a new BlackRock survey.
Wealth and Asset Management
06/27/2025
Brown Advisory to buy London-based Marylebone Partners
Brown Advisory is in advanced talks with Marylebone, in a move which will pave the way for it to offer endowment-style offering for non-US clients.
06/27/2025
Halifax Wealth Management Merges With CrossleyShear Wealth Management
Merger Expands Planning Capabilities While Preserving Personalized, Boutique-Level Service
06/26/2025
The Great Wealth Flight: Millionaires Relocate in Record Numbers
Far from a statistical curiosity, this mass movement of millionaires represents the largest voluntary transfer of private capital in modern history.
06/26/2025
New wealth of top 1% surges by over $33.9 trillion since 2015 – enough to end poverty 22 times over, as Oxfam warns global development “abysmally off track” ahead of crunch talks
Oxfam’s new analysis examines the failures of a private investor-focused approach to funding development.
06/26/2025
Ex-Goldman wealth veteran focuses on family values
With the 20-year anniversary of the firm’s launch and ceding by two major families, fast approaching, he is starting to look back at the influences which have shaped his career and analyse today’s catalysts for change.
06/26/2025
Raymond James partners with FNZ to enhance wealth management platform
Raymond James will implement FNZ's integrated wealth management platform to bring AI and digital tools to its operations.
06/26/2025
Private Bank Manager Shuffle: BofA Loses in the Southeast, Gains in New York
On Wednesday, Citi said it nabbed a manager at Bank of America Private Bank to be its Southeast market executive.
06/26/2025
Apella acquires Iowa RIA Iron Horse Wealth Management
The complete Iron Horse team will join Apella, with founder and president Dennis Markway becoming regional director
06/25/2025
Raymond James Ltd. Announces Strategic Investment in Next-Generation Wealth Management Platform
Raymond James Ltd enters into agreement with FNZ to accelerate its digital transformation
06/24/2025
Focus Partners Wealth Expands with Acquisition of David Wealth Management
Upon closing, David Wealth will be the second external acquisition for Focus Partners Wealth since its rebrand in January 2025
06/24/2025
BlackRock Study: Family Offices are in Risk-Management Mode, Focused on Increasing Diversification and Idiosyncratic Sources of Return
The survey results also showed that concern around disruptions to trade and the increasing fragmentation in geopolitics turned overall sentiment negative for the first time since the survey began in 2020.
06/24/2025
Elevation Point backs new wealth manager Family Office Partners
The wealth manager was established with backing from Elevation Point, allowing it to operate independently and meet clients' needs.
06/23/2025
BNY Approached Northern Trust for Merger Talks, WSJ Says
A representative for BNY declined to comment. Representatives for Chicago-based Northern Trust didn’t immediately return a request for comment placed outside regular business hours.
06/23/2025
A fast-growing private bank expands its footprint into the Long Island and the New York metro area
The bank has secured temporary commercial space at 175 Broadhollow Road, Melville, NY, and has received approval from its Board of Directors to apply for a new retail space.
06/23/2025
BlackRock’s Cohen: We are as strong as our rivals on private markets
Chief product officer Stephen Cohen says the world’s largest asset manager is ready to go toe-to-toe with alternatives giants
06/23/2025
Elevation Point backs new wealth manager Family Office Partners
Family Office Partners, led by a team of former UBS private wealth advisors, manages approximately $2.5bn in client assets.
06/23/2025
BMO Recognized as Best Private Bank in Canada and Best Commercial Bank in U.S. and Canada
Award winners and nominees are selected by a judging panel of financial journalists and readers of World Finance Magazine.
06/23/2025
JPMorgan unveils fixed income investments for retail sector
J.P. Morgan revealed a wave of new features including a cutting-edge fixed income experience on the J.P. Morgan Self-Directed Investing platform.
06/23/2025
Apollon Wealth Management Expands into Ohio with the Addition of Chornyak & Associates
This addition marks Apollon’s expansion into Ohio and deepens its presence in the Midwest.