05/07/2024
Key Private Bank wins 'Best Regional Private Bank' at the 2024 family wealth report awards
The award recognizes industry-leading firms providing best-in-class services and innovative wealth management solutions to clients.
Wealth and Asset Management
05/03/2024
Macquarie Group announces $A3,522 million full-year profit
Profit for the half year ended 31 March 2024 (2H24) was $A2,107 million
05/03/2024
Mirabaud Bank Targets Expansion in Brazil’s Wealth Management Sector
With plans to triple its managed assets in Brazil within the next two years, the firm is positioning itself to capture the burgeoning wealth management market in the region.
05/03/2024
Mathis Wealth Management Acquires Ventura, California Wealth Management Practice Phoenix Wealth Management firm expands into California.
RH Wealth recognized this need, and the acquisition assured its clients that their best interests will continue to be well-served into the future.
05/03/2024
LPL ‘Reimagining’ Alts Platform: CEO
LPL Financial CEO Dan Arnold says the firm is developing a variety of solutions for advisors to expand their businesses.
05/02/2024
Asset managers focusing on enhancing product quality, accuracy – Northern Trust
A spokesperson for Northern Trust explained that "accuracy" refers to "having the right product for the right client."
05/02/2024
StratiFi and Altruist form strategic alliance
Tech platforms collaborate to enhance wealth managers' practices.
05/02/2024
Sanctuary Wealth acquires Tru Independence
Sanctuary Wealth redefines its RIA channel with their latest purchase.
05/02/2024
JPMorgan Embraces Family Offices, With 'Very Tailored' Advice
The global private banking division has been advising family offices for more than 200 years
05/02/2024
Avantax Acquires Integrated Tax & Wealth Strategies’ $760 Million Wealth Management Business
Avantax continues investing in advisor practices, complementing its suite of succession and buyout options
05/02/2024
Advisors can't expect client loyalty, TCR may be the catalyst to switching
JD Power report warns that fee transparency could fuel attrition
05/02/2024
Wealth Management Firms in Canada at Increased Risk of Losing Younger Affluent Clientele as Fee Transparency Regulation Looms, J.D. Power Finds
The regulation is intended to make the cost of owning investment products more transparent to investors in Canada.
05/01/2024
Stephens Announces New Shreveport Location for Its Private Wealth Management Group
The new office at 7600 Fern Ave, Building 1300, is home to a dedicated team of Stephens financial advisors with deep roots in Louisiana.
05/01/2024
Hedge funds are ‘dead as a doornail,’ says chairman of ultra-rich investors’ club Tiger 21
Tiger 21 members’ allocation to hedge funds dropped to 2% from 12% over the past 16 years, data from the network showed.
05/01/2024
Engaging The Next Generation Of Women In Wealth Management
This is in addition to the $10 trillion in total US household financial assets women already control.
05/01/2024
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.
04/30/2024
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
04/30/2024
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.
04/30/2024
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.
04/30/2024
Wealth Management M&A Landscape Remains Active
Given those challenges, some observers thought M&A would suffer mightily.