03/01/2023
AssetCo and Westwood establish US footprint
This process will start this year and will also include the subsidiaries of AssetCo such as River and Mercantile, SVM, Saracen, and Rize ETF.
Wealth and Asset Management
02/28/2023
UBS advisor team Endurance Artist Management named to the Forbes Best-in-State Wealth Management Teams list
This select group of UBS advisors participate in an extensive training program, which covers complex needs unique to this client segment, such as atypical income streams and special financing circumstances.
02/28/2023
Focus Financial Partners to be Acquired by Clayton, Dubilier & Rice
The proposed transaction delivers substantial value to Focus' stockholders
02/28/2023
Sanctuary Wealth Expands Advisor Toolbox by Partnering With Pontera
Partnership enables Sanctuary's network of advisors to manage 401(k), 403(b), and other held away retirement assets
02/28/2023
Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
Goldman Sachs CEO David Solomon said asset management and wealth management would be the growth engine for the bank after his efforts in consumer banking went awry.
02/28/2023
Integrated Partners Adds $2.25B RIA Laurel Wealth
Laurel was "looking to grow; they're planning-focused.
02/28/2023
Bernstein Private Wealth Management Opens Stamford Office
Bernstein has been operating in the Connecticut and Westchester markets and building a significant network of client relationships for decades
02/27/2023
Core Principles Of Accounting Firm Elite Wealth Management Practices
The goal of an accounting firm’s elite wealth management practice is not to generate more revenues for the firm.
02/27/2023
Morgan Stanley’s Recruiting Tab Tops $4 Billion
Around $97 million of those loans are held by brokers who have left the firm and are more than 90 days past due, meaning they are unlikely to be repaid.
02/24/2023
Savant Wealth Management Acquires $3.3 Billion Capital Directions
First Acquisition of 2023 Marks Savant's Largest; Expands Footprint to Southeast U.S.
02/24/2023
Rockefeller Asset Management Releases Annual Sustainable Investing Report, Highlighting New Partnerships, Strategy Launches, and Five Trends for 2023
Increasing demand for ESG long-short equity strategies. RAM sees firsthand the need for long-short strategies that seek downside protection, low correlations with global markets, and Article 8 compliance.
02/24/2023
CIBC becomes official Commercial and Private Wealth Bank of the Professional Pickleball Association Tour
CIBC will receive exclusive branding and title sponsorship of the VIP Lounge at each PPA Tour event as well as premier sponsorship position at tournaments in Florida, California and Texas.
02/24/2023
Credit Suisse Global Investment Returns Yearbook 2023
15th edition of Yearbook looks at inflation and the role of commodities
02/23/2023
Mariner Wealth Acquires California Firm With $301M In AUA
The firm offers a variety of services, including cash-flow management, retirement planning, estate planning counsel and investment consulting, the release said, adding that the firm serves young entrepreneurs and retirees
02/23/2023
Coller Capital establishes Private Wealth Secondaries Solutions
PWSS will build on Coller’s existing global relationships with leading private banks, wealth managers and investment advisors to distribute the products it creates and manages for this channel.
02/23/2023
Rothschild & Co expands North America reach with New Miami Office
Expansion will enhance Global Advisory business by combining the breadth of its advisory offering and unique perspectives to clients in South Florida’s fast-growing, international business and finance hub
02/22/2023
Major League Soccer and RBC Wealth Management announce multi-year partnership
Additionally, RBC Wealth Management's MLS partnership will include brand integration across platforms, including streaming, digital, in-stadium and on-site activation at marquee MLS events.
02/22/2023
Three UBS Private Wealth Advisors in the Southeast Market named to the Forbes Top Women Wealth Advisors Best-In-State list
Rebecca and Leslie were also named to the Forbes America’s Top 100 Women Wealth Advisors list for 2023.
02/22/2023
Titan Wealth Holdings Secures Major Strategic Investment from Parthenon Capital
This investment also provides access to additional capital to support future M&A.
02/22/2023
Exencial Wealth Advisors Acquires Shoreline Financial Advisors
Deal Expands Exencial’s Connecticut Footprint, Enhances Shoreline’s Client Offerings