04/28/2023
Morgan Stanley's wealth business just keeps on winning
But Morgan Stanley's success isn't coming in a vacuum.
Wealth and Asset Management
04/28/2023
CI Financial Announces Sale of its Minority Stake in Congress Wealth Management
CI shareholders receive return of approximately three times initial investment
04/28/2023
Morningstar Rolls Out Updates To Its Wealth Tech Platform
New features include additions to portfolio analytics and model portfolios from BlackRock, Clark Capital, Fidelity and T. Rowe Price.
04/27/2023
Time to lock in yields as central banks near end of hiking path
The European Central Bank is also likely to push borrowing costs higher at its policy meeting next week.
04/27/2023
Morningstar Wealth Introduces Portfolio Analytics Enrichment from ByAllAccounts
New enhancement wraps key portfolio information into one flexible solution for advisors
04/27/2023
First Rate Acquires Wealth Management Platform and Partners for Compliance Share Article
As part of First Rate’s ongoing strategy to expand its WealthTech footprint, First Rate acquires performance reporting and portfolio management assets from InvestEdge, and announces a strategic partnership with InvestEdge for Compliance Solutions.
04/27/2023
tru Independence Adds $1B Family Office Seven Mile Advisory
Multifamily office taps tru for ability to support existing clients while enabling growth
04/27/2023
Envestnet Summit 2023 - Elevate - Inspires Thousands to Deliver The Intelligent Financial Life™
Premier Industry Event Showcases How Financial Advisors Can Harness the Unmatched Customization, Scalability & Personalization of the Envestnet Ecosystem to Elevate the Client Experience
04/27/2023
Thane Stenner Discusses Podcast with Canadian Family Offices Magazine
The award-winning leader among Canada’s wealth management elite continues to monitor, analyze, and make educated assumptions about where the market is heading and what’s in store.
04/26/2023
First Republic Retains Nearly 90% of Wealth Advisors
Despite some high-profile departures, the bank says the exiting teams accounted for less than 20% of total wealth management assets.
04/26/2023
Morningstar Wealth Introduces Portfolio Analytics Enrichment from ByAllAccounts
New enhancement wraps key portfolio information into one flexible solution for advisors
04/26/2023
Modern Wealth Management Acquires $1.5 Billion Barber Financial Group
New RIA from former Goldman Sachs and United Capital executives makes its first acquisition, adding offices in Metro Kansas City and Detroit, MI
04/25/2023
Morgan Stanley Wealth Management Pulse Survey Reveals Investor Views Cool Amid Continued Monetary Tightening
Yet many believe that the economy will end up in a good place by the end of the year
04/25/2023
Fifteen UBS advisors in the Houston region named to the Forbes Best-In-State Wealth Advisors list
UBS also announced today that the South Central Group, based in The Woodlands, TX and led by Robert Vaughan, was named a National Association of Plan Advisors (NAPA) Top Defined Contribution (DC) Advisor Team by Assets Under Advisement for 2022.
04/25/2023
Larry Fink sells 7% of his BlackRock stake, nets $25m
The BlackRock CEO, who regularly offloads portions of his stake in the asset manager, sold 35,800 shares, or 7% of his holding, last week.
04/25/2023
Morningstar U.S. Wealth Platform Adds BlackRock, Clark Capital, Fidelity, T. Rowe Price Portfolios to Offer Greater Advisor Flexibility and Choice
Morningstar-curated models now available via unified managed accounts
04/24/2023
J.P. Morgan Launches Wealth Program for Women
The program will include in-person roundtable events on investing and wealth management topics across Hong Kong and Singapore featuring female leaders from the bank and beyond.
04/24/2023
Schwab’s Wealth Biz Expansion Makes Sense But Could Spur Conflict with RIAs: Analysts
Our clients are increasingly asking for help and advice, providing us with a growth opportunity.
04/24/2023
QA Wealth Management Joins Captrust
Firm Specializes in Wealth Management for Big Four and Consulting Partners
04/24/2023
How can today’s millennial investors drive tomorrow’s business growth?
Wealth managers have an opportunity to build trust with this vital client group, especially during times of increased market instability.