Managers of Wealth Americas

Private Client Services 2019 Year-End Advisory

The federal estate, gift and GST tax rate will remain at 40%.

Goldman Sachs 'close to $2bn settlement' over 1MDB scandal

Reported deal between bank and US Department of Justice would end investigation

Akin Gump Lawyers Used Client Money for Cayman Islands Vacation, Broadway Tickets

An internet domain company is seeking at least $25 million, alleging the firm's lawyers took advantage of an impaired CEO.

SEC proposes to expand definitions of accredited investor and qualified institution buyer to increase private capital markets participation

Corresponding changes are also proposed to the qualified institutional buyer definition for institutions that qualify for accredited investor status when they meet the existing $100 million in securities owned and invested threshold under Rule 144A.

MetLife Agrees to $10 Million SEC Fine Over Pension-Related Accounting Violations

Lapses resulted in the insurer’s failure to pay thousands of workers their monthly pension benefits

$722 million cryptocurrency Ponzi scheme

Withers is aware that some of our clients may have invested in BitClub Network, and may be affected by the alleged Ponzi scheme.

SECURE Act Sets Up Inherited IRA RMD Complexity for Advisors

Both sets of rules are important to know, because existing inherited IRAs are grandfathered into the previous rules.

Ex-Goldman Sachs director charged in US over 1MDB role

The SEC has issued a penalty of $43.7m in accordance to a separate forfeiture order

$7 Million Insider Trading Probe Charges IT Staffer At $22 Billion Cybersecurity Company

Palo Alto Networks provides tools to prevent insiders from stealing data. Now one of its own is accused of using confidential information for illegal stock trades

Laidlaw Wealth Management Boosts Investment Offering With Green Harvest Deal

This new expanded relationship substantially enhances Laidlaw’s investment offering and supports our commitment to provide truly innovative solutions for our clients.

Rand hits 5-month high on US trade deal

The wave of renewed risk appetite saw the rand opening at R14.44 against the dollar – its strongest level since July.

PenFed Credit Union Expands Investment Services to More Than 200,000 Members in Puerto Rico

PenFed and CUNA Mutual Group Grow Partnership by Enhancing Wealth Management Services on the Island

J.P. Morgan Reorganizes U.S. Wealth Unit

The goal of the reorganization is to increase the banking goliath’s paltry share of the global wealth market through more focused management oversight.

U.S. Anti-Money-Laundering Chief Calls for Beneficial Ownership Registry

Changes to the U.S.’s anti-money-laundering regime also have received support from the White House, which in October released a statement commending the passage of the House bill.

Merrill Lynch Loses FAs to These Rivals

Till began his financial services industry career in 2010 at Merrill Lynch, according to his BrokerCheck profile, and managed approximately $100 million there, Integrated says.

The Climate Crisis and the White Working Class

Does it really matter to these swing voters? You bet it does.

HSBC’s private Swiss bank fined over US tax evasion

The bank admitted that between 2000 and 2010, it conspired to defraud the US of taxes, commit tax evasion and file false federal tax returns.

U.S. Anti-Money-Laundering Chief Calls for Beneficial Ownership Registry

Lack of business-ownership information creates a ‘dangerous and widening gap’ in the national security apparatus, Treasury official says

Jefferies Settles SEC Claims Over ADR Transactions

The order against Jefferies also finds that it failed reasonably to supervise its securities lending desk personnel concerning borrowing pre-released ADRs from these brokers.

BNY Mellon connects custody systems to SimCorp Dimesnion

The partnership aims to accelerate the optimization of typically manual investment workflows

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