Managers of Wealth Americas

TD Announces Increase to Non-Viability Contingent Capital AT1 Perpetual Notes Issue

The second tranche will carry the same terms

AIG sells Corebridge Financial shares worth over $56 million

Investors and market watchers often look to such sales as indicators of a company's strategy and confidence in its investments.

US equity funds see upbeat demand on rate cut expectations

Investors sought large-cap funds in particular as they drew inflows of about $8.46 billion, extending net purchases into a second week

RBC to Pay $75K over Mutual Fund Fee Waivers, Rebates

The company allegedly relied on a faulty automated system for issuing waivers and rebates through rights of reinstatement offered by mutual fund companies, according to Finra.

Cantor Fitzgerald and Silverstein Properties Announce Joint Venture with Turnbull Development, LLC for Opportunity Zone Development in Summerville, SC

This highly anticipated project will have immediate and long-lasting impacts on Summerville and provide a connected, community-oriented environment where people can live, convene, and enjoy.

Hedge funds react to geopolitical uncertainty

Goldman Sachs says funds dumped European stocks last month.

Stone Ridge adds $400m in mutual ILS fund assets, reaching $4.4bn

Stone Ridge Asset Management’s mutual ILS fund strategies had seen their assets under management fall to as low as $2.5 billion back in 2022.

EP Wealth Advisors Announces Acquisition of Dallas-Based Sloan Investment Management, LLC

The partnership with Sloan demonstrates EP Wealth’s commitment to strategic M&A growth

JTC Evolves Americas Proposition to Drive Further Growth

JTC first established a private client presence in the US in 2012

Kovitz set to exceed $24B AUM as new combination is announced

Focus Financial firm is preparing for another major tie-up.

Janus Henderson: The US election’s effect on markets

78% of mass affluent and high-net worth investors concerned about US election

First Trust Announces Timing of Reorganization of First Trust High Income Long/Short Fund with and into abrdn Income Credit Strategies Fund

Upon the completion of the reorganization, which is expected to be tax-free, the assets of FSD will be transferred to, and the liabilities of FSD will be assumed by, ACP.

Manulife Investment Management partners with Foundry Commercial

Manulife Investment Management and Foundry Commercial establish industrial outdoor storage partnership

Former Sanctuary CEO Debuts RIA Venture

Jim Dickson’s new investment vehicle venture, Elevation Point, aims to serve as a “value-aligned growth partner” for independence-seeking advisors and RIAs.

One of the largest advisory firms in the US is now in Canada

Firm offers services to financial services, tech, and consumer businesses

Goldman Sachs ETF Accelerator Announces First Fund Launched in EMEA Through the Platform

Ultramarin and Baader Bank leverage Goldman Sachs ETF Accelerator to launch AI-driven active ETF.

Franklin Templeton Launches Suite of Tax-Managed Active and Passive SMAs at UBS

Additionally, Franklin Managed Options Strategies Team Introduces Options Overlay Capabilities at UBS

Eaglebrook Celebrates Five Years, Establishes Brand as Leading Digital Asset Investment Platform for Independent Wealth Managers

Since its founding in 2019, Eaglebrook’s crypto SMA solution has expanded its service offering to be trusted by over 700 financial advisors at more than 70 RIAs nationwide

Back to Work, Jim Dickson Launches Minority RIA Investment Firm

With lessons learned from his previous experience running Sanctuary, Dickson's Elevation Point was formed with United Atlantic Capital’s Mark Penske and launches with the acquisition of Mount Yale Capital Group.

TD and MPOWER Financing Collaborate to Help Simplify the Banking Experience for International Students in Canada

New relationship leverages the strengths of each organization to help promising students, from around the world, access world-class banking and financing products

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