Managers of Wealth Americas

Dipping into 'charity jar': Rich US firms approved for gov't aid

Some wealthy families' investment firms received relief loans meant for small businesses hit by coronavirus pandemic.

Pension funds put pressure on Brazilian govt to act on deforestation

Following the meeting, the Brazilian government agreed to deploy the military in future to help prevent forest fires.

Miracle Mile Advisors Announces Partnership with $250M Aequitas Wealth Management

The two firms bring together complementary high-touch client service, robust technology and infrastructure and seasoned financial advisors

Threading the Needle: Drag-Along Clauses and Asset Deals

The above provision provides a simple example designed to ensure that the mechanics of a drag-along can be relied upon in an asset disposition.

Qualis Capital Announces Strategic Partnership With WealthShield And Wealth Advisor Growth Network

Qualis provides a turn-key solution, an attractive user interface, and the flexibility necessary to provide customized solutions at the end client level.

What Is A Simplified Employee Pension IRA (SEP IRA)?

SEP IRAs differ from Traditional IRAs in that they offer potentially much higher contribution limits.

Ex Devere Exec manager fined for misleading clients

They made “material misstatements and omissions” about the benefits of overseas pension transfers, the SEC says.

Proposition 19 threatens to increase property taxes on parent-child transfers of California real estate

Under current law, a transfer of ownership in California real property generally results in a reassessment for property tax purposes. Such reassessment typically means an increase in real property taxes.

Nigerian Influencer Ramon ‘Hushpuppi’ Abbas, Accused By FBI Of Money Laundering, Is Denied Bail

The primary allegation leveled by the FBI is that Abbas was part of a network that made “hundreds of millions of dollars” from business email compromise frauds and other scams.

Going Dark in the USA: How to Exit the US Public Markets and Options for US-Listed Chinese Companies

This article explains the details of the Act and how it impacts US-listed Chinese companies and provides options for US-listed Chinese companies to exit the US public markets.

Top global banks risk breaching China law by complying with US

Retail and corporate banks with a big presence in Hong Kong such as Citigroup and HSBC could be more exposed to the risks from the bills especially on sizeable transactions done through local units, one of the people said.

Nomura and Wolfe Research Announce Strategic Alliance

Nomura’s capital markets business will have access to Wolfe’s deep, longterm relationships with corporate issuers and robust corporate access program, and Wolfe’s clients will benefit from access to Nomura’s capital markets experti

Kobre & Kim, Robin Rathmell Receive Chambers Recognition for Financial Crime Involving HNWI’s

Of the firm’s services, one commentator told Chambers: “I have never seen such high-level work, strategic thinking and speed in a law firm.”

FCA targets scammers using Trump Building to clone Swiss AM

UK regulator issues warning to investors over unauthorised activities emanating from the US.

US banks told not to use Covid-19 as cover for branch closures

New OCC chief: ‘I’m not prepared to revisit the fundamentals of bank regulation’

Election in sight, but focus stays on secure retirement.

Pandemic magnifying woes that lawmakers are seeking to repair.

Beware a $12 Trillion Pension Revolt Against Low Rates

Their thesis stems from a correlation analysis of moves in 10-year yields and the change in Treasury holdings reported in the Fed’s quarterly flow of funds data.

Merrill Fires Multi-Million-Dollar UHNW Pair for Cheating

His partner, Christopher R. Berry, was let go for the same training violations, according to the summary of his discharge.

Broadridge Announces CFO Transition

Broadridge has initiated a search process for a permanent successor that will include both internal and external candidates and has engaged a leading executive recruitment firm to lead this process.

DLA Piper advises Stillfront Group in US$128.4 million Rule 144A offering

Along with Marks, the DLA Piper team representing Stillfront Group included of counsel Sanjay Shirodkar (both of Washington, DC).

Legal, Regulation & Compliance