01/26/2023
Capital Group Selects SS&C to Provide Transfer Agency for U.K. Fund Launch
Leading investment management firm with USD2.1 trillion in AUM extends global technology partnership
Wealth and Asset Management
01/26/2023
Stifel CEO Wants Stock to Reach Morgan Stanley-esque Heights with Wealth Gains
Stifel’s Global Wealth Management division comprised 64% of its parent company’s revenue in 2022.
01/25/2023
The Charles Schwab Corporation Expands Capabilities to Serve Multifamily and Single Family Offices Through Acquisition of The Family Wealth Alliance
Schwab Advisor Services and The Family Wealth Alliance will continue mutual focus on building community and offering value-added knowledge and resources for multifamily and single family wealth firms
01/25/2023
UBS Advisor Team Highbridge Wealth Management Named to the Forbes Best-In-State Wealth Management Teams List
Founded with a focus on individual wealth management, Highbridge Wealth Management has grown into a multi-generational team and includes Financial Advisors Mark Kever, Shawn Nicholas, Mark Hagan, Megan Portacci and Byron Brooks.
01/25/2023
16 UBS advisor teams in the Philadelphia D.C. Wealth Management Market named to the Forbes Best-in-State Wealth Management Teams List
These advisors are some of the best in the business and we congratulate each of them for this notable industry recognition
01/25/2023
Seventy2 Capital Named in Forbes 2023 Best-In-State Wealth Management Teams
Despite a difficult market, Seventy2 Capital had a strong year.
01/24/2023
UBS Advisor Team The Matthews Group Named to the Forbes Best-In-State Wealth Management Teams List
The team was also named to the Forbes America’s Top Wealth Management Teams, Private Wealth list for 2022, as the only advisor team in Washington state named to the list.
01/24/2023
Next-Gen Advisors Say They Are Ready (Predecessors Not So Sure)
Outlining clear expectations, providing mentorship and being receptive to new ideas posed by next-gen advisors can help facilitate a smooth succession, industry executives say.
01/23/2023
J.P. Morgan Asset Management Receives Regulatory Approval for 100% Ownership of China Joint Venture
All CIFM employees will also eventually relocate to join J.P. Morgan at Shanghai Tower, an iconic building in the Lujiazui Financial Zone in Pudong District, the center of Shanghai's financial industry.
01/23/2023
Goldman Sachs to cut asset management investments that weighed on earnings
Goldman had a dismal fourth quarter, missing Wall Street profit targets by a wide margin.
01/23/2023
Mercer Advisors Refreshes Brand with a Modern Approach to Wealth Management
New brand update communicates a differentiated offering, the value of fiduciary advice, and the continued evolution of Mercer Advisors as a National RIA firm
01/23/2023
For The Wealthy, Technology Cannot Replace Advisors (Yet)
Even then, the wealthy will be relying on various private wealth professionals for the implementation of wealth management solutions. Another consideration is that it is very likely that many of the wealthy who choose to rely on wealth tech sans advisors
01/20/2023
FNZ to acquire YieldX, accelerating the personalization of wealth management solutions across the U.S. market
The acquisition will further meet FNZ’s mission to deliver personalized investment solutions to more people across the wealth management industry.
01/20/2023
IEQ Capital Welcomes Stone Point Capital as Strategic Partner
In conjunction with continued strong, organic growth, this partnership aims to accelerate IEQ's quest to transform traditional wealth management through a differentiated investment platform, idea-origination, and the ability to connect, communicate a
01/20/2023
JPMorgan rules out more special pay awards for CEO Jamie Dimon
Longest-serving boss of Wall Street bank earned $34.5mn for 2022
01/19/2023
UBS ‘Bucking the Trend’ in Wealth, Asset Mgmt Hiring, CEO Says
Ralph Hamers told Bloomberg that the company is “not in retrenchment mode.”
01/19/2023
Wells Fargo stems steep advisor losses after a massive outflow
The slight reversal of a years-long trend toward shrinking headcounts highlighted a very profitable year for the company's wealth arm, which is benefiting from rising interest rates.
01/19/2023
Morgan Stanley investment banking slump overshadows wealth management growth
Despite reductions in revenues overall, the bank also reported positive earnings in fixed income, with revenues up 15% to $1.4 billion in Q4 compared with 2021.
01/19/2023
Old National Bank launches wealth management business 1834
Carving out our wealth business in this manner ensures we maintain a laser focus on these clients
01/18/2023
17 J.P. Morgan Teams Selected for Forbes Best-in-State Wealth Management Teams Ranking
The ranking was compiled by SHOOK Research.