Managers of Wealth Americas

Raymond James to buy $35B retirement plan firm

Wealth managers have long sought to gain business through 401(k) plans and other employer-based services.

AGF Reports Preliminary Highlights to Q4 Net Sales and Financial Results

For the quarter ended November 30, 2020, AGF’s retail mutual fund net sales were $66 million, compared to net redemptions of $181 million in Q4 2019. Retail mutual fund gross sales improved 35% year-over-year.

Enabling fund managers to focus on achieving alpha

In view of this rising focus, CohnReznick takes a strategic approach in protecting clients’ data assets, intellectual property, and brand reputation.

Sacramento's Allworth Financial Acquires Bastoni Financial Services

The deal marks the 12th in three years for fast growing Allworth Financial

US insurance M&A activity will increase significantly in 2021

For many large insurers and insurance intermediaries, the pandemic demonstrated a need to double-down on efforts to adopt innovation into their existing business models and focus on a digital approach to customer experiences.

Private equity firms, investors sign global initiative on diversity

The Washington, D.C.-based ILPA represents many large public and private pension funds, endowments, family offices and foundations.

The Cincinnati Insurance Company Expands Innovation Efforts

The expanded efforts will allow Cincinnati Insurance to grow its internal innovation team focused on enhancing speed and convenience for insurance agents and consumers.

Demand grows for student-led impact investment funds

Universities offer ethical fund-management experiences as part of studies, but finding a related job is tough

Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington

Wellington has developed a virtual marketplace offering that includes an easy-to-use agent portal and unique pricing flexibility, resulting in competitive products and superior underwriting performance.

Mayflower Advisors Celebrates 15-Year Milestone With Recent Independent RIA Launch

This strategic shift to a fiduciary approach affirms Mayflower Advisors' autonomy and positions the firm to best meet clients' evolving financial needs with a flexible, scalable infrastructure and custom planning solutions.

KKR Grows Real Estate Industrial Portfolio in Texas with News Acquisitions in Dallas and Houston

The two properties are the latest industrial assets acquired by KKR’s core plus real estate strategy, growing its total industrial real estate portfolio to approximately 7.2 million square feet.

Australia’s Macquarie to buy Waddell & Reed Financial for $1.7 billion

The acquisition of Waddell & Reed’s asset management business and our partnership with LPL significantly strengthens our position as a top 253 actively managed, long-term, open-ended US mutual fund manager by assets under management across equit

Waddell & Reed has announced that it has entered into a merger agreement with

Waddell & Reed Financial, Inc.’s asset management business had $68 billion of assets under management and its wealth management business had assets under administration of $63 billion.

Chubb Launches New Report Examining Impact of COVID-19 on Homeowners and Property Risk

Fourth annual survey of homeowners identifies which risks have increased and what new threats have emerged since the onset of a global pandemic

Defined Contribution Plan Advisors Get Investment Expertise and Operational Efficiency as Wilmington Trust and Neuberger Berman Partner on Collective Investment Trusts

Through this alliance, plan advisors may also benefit from greater operational efficiencies so they can more effectively work across their entire book of business.

Alternative Investments