04/13/2023
Fixed income: Carry conscious
The difficulty with the current assessment is that when we look at historical 10-year yield trends moving closer to the Fed’s terminal rate dating back to the early 1980s
Wealth and Asset Management
04/12/2023
LPL Financial Welcomes C&N Wealth Management to Its Institution Services Platform
C&N opened its first location in Wellsboro, Pa., during the height of the American Civil War.
04/11/2023
Seventeen UBS Advisor Teams in Southern California and Hawaii Named to the Forbes Best-in-State Wealth Management Teams List
The ranking, developed by SHOOK Research, is based on an algorithm of qualitative and quantitative data, including telephone, virtual and in-person due diligence interviews, revenue trends, assets under management and compliance records.
04/11/2023
Macquarie Asset Management and Magma Equities acquire Dallas area 285-unit multi-family investment
DFW is one of the fastest growing metro areas in the US due to the combination of its strong job and population growth, business friendly nature and affordability.
04/11/2023
RBC Snags $1B Team From Troubled First Republic Bank
The Todd Halbrook and Adam MacDonald Management Group in Newport Beach, Calif. is departing First Republic a little more than a month after some regional banks collapsed.
04/11/2023
Sanctuary Wealth Congratulates 14 Advisors Named to Forbes' Best-in-State Wealth Advisors List
Two affiliated advisors also named to Forbes' America's Top Wealth Advisors list
04/11/2023
UBS advisors Drew Freides and Michael Kanigher named to the Barron’s Top 1200 Advisors list
Drew and Michael are founding members of Mainsail Wealth Partners, one of the largest advisor teams at UBS, which includes Private Wealth Advisors Steven Westerman and Brendan Carroll, and Financial Advisors Melanie Desma McFedries and Kate Freeman.
04/11/2023
Orion Expands Advisor Access to Fixed Income by Adding BlackRock Fixed Income SMAs to the Orion Portfolio Solutions Platform
“We’re excited to expand on our collaboration with BlackRock as we bring its professionally managed Fixed Income SMAs to the OPS platform,”
04/11/2023
BNY Mellon and Snowflake Partner to Enhance Data Analytics for Wealth Management
Pershing X develops a platform that consolidates financial data.
04/06/2023
Q1 Market Review - Better than it Seemed
Growth forecasts have continued to inch up, and the overall inflation scenario still needs to improve.
04/06/2023
Rothschild & Co completes sale of North American Asset Management units to Wintrust
Rothschild & Co Asset Management U.S. will now merge into and operate its business as Great Lakes Advisors, LLC, Wintrust’s subsidiary.
04/06/2023
Family Offices Have Dry Powder Ready to Deploy on Real Assets
Recent surveys indicate a high demand over the next two years from family offices for illiquid assets, including real estate.
04/06/2023
All North American clients of Vontobel Wealth Management are now under one roof
The CEO of the “new” Vontobel SFA is Peter Romanzina, with Jürgen Wegner serving as Deputy CEO.
04/05/2023
IDB Bank and Lido Advisors Launch IDB Lido Wealth as Registered Investment Advisor
The joint venture will offer Lido's portfolio management strategy, specifically its innovative real estate and hedging strategies, to the Bank's domestic and international high-net-worth clientele.
04/05/2023
Record 96 J.P. Morgan Advisors Selected for Forbes’ 2023 Best-in-State Wealth Advisors List
Five J.P. Morgan advisors named America’s Top Wealth Advisors
04/04/2023
All North American clients of Vontobel Wealth Management are now under one roof
As a result of the legal merger, all clients of the “new” SEC-registered US entity will be able to access the comprehensive services and global investment expertise offered by Vontobel SFA.
04/04/2023
Northern Trust Launches Market Risk Monitor
New Risk Solution Leverages Confluence Technologies and Includes Analytics Dashboard Integration to Support Clients’ Risk Management and Regulatory Reporting
04/04/2023
RBC says it’s close to signing all Gluskin Sheff advisors
RBC will have exclusive distribution of Onex alts products under the DS and PH&N channels
04/04/2023
Echelon Wealth Partners Inc. and PI Financial Corp. Close Transaction to Combine Under Common Ownership
This transition to ownership under common equity and subsequent amalgamation of operations will result in a merger of equals, creating a truly national independent firm poised for continued growth.
04/03/2023
CI Private Wealth Launches Trust Company, Enhancing its Wealth Planning Capabilities
CIPW Trust to offer broad range of trust solutions