Managers of Wealth Americas

Brookfield Asset Management: Buy This Dividend Growth Machine Now

The company raised $68 billion in capital during the quarter.

Greenberg leads in CEO insurance pay

His 2023 compensation package was 278x the median AIG employee salary of $88,585.

Why investors turn to ETFs during times of market stress

A key advantage for ETFs is cost — the fees charged to investors have plummeted amid the race to zero commissions among the big brokers.

Hedge funds bet against banks, insurance and property, says Goldman Sachs

A short position bets that an asset price will decline in value, whereas a long position expects it to rise.

A dollar on the defensive brings relief to policymakers globally

The dollar's downtrend, which has long been anticipated, is driven by expectations that the U.S. Federal Reserve will cut interest rates as the economy weakens.

Retail Investors Approach Private Equity With Care

Savvy retail investors and their advisors are keeping the following considerations front and center as they make their foray into alternative investing: fee structures, liquidity, and valuations.

Warren Buffett’s Firm Sells Another $1 Billion of Bank of America Stock but Still Holds Almost 12 Percent

The Bank of American stake remains one of Berkshire’s biggest investments

Wall St up as rate-cut hopes hold firm after inflation data

Friday's PCE report is the last before the Fed's September meeting and follows Chair Jerome Powell's comments last week expressing support for an imminent policy adjustment.

William Blair Initiates Coverage of Five Companies in the Energy and Sustainability Industry

Demand for data center growth has been building for the past 20 years, as increasingly more processes digitize,” said Dorsheimer.

Clarendon Private partners with Fiducient Advisors

Fiducient seeks to help its financial institutions clients grow

Raymond James Climbs Muni Manager Rankings After Hiring Spree

Municipal borrowers have issued nearly $320 billion of long-term debt so far this year, a 37% increase from the same period a year ago.

Broadstreet Impact Services Successfully Completes First SOC 1 Audit

The SOC 1 audit is particularly valuable for clients in Broadstreet’s fund administration business—a line of work launched several years ago to complement the firm’s other impact investing and advisory efforts.

IEQ Capital and EPIQ Capital Group Combine to Form ~$32 Billion Investment Advisor and Multi-Family Office

The transaction represents a highly synergistic and complementary partnership between two RIAs

Northern Trust Hedge Fund Services Expands Capabilities to Meet Growing Demand for Energy Investing

The new energy and physical commodities offering will be available through Omnium, Northern Trust's integrated middle office

Warren Buffett Continues to Reduce Bank of America Stake, Sells $982 Million in Stock

This move signifies Buffett’s significant retreat from an investment

Advisor Sentiment Index: Modest Optimism Despite Uncertainties

The monthly advisor index improved slightly for both the market and the economy.

Elliott Sends Open Letter to Its Fellow Southwest Shareholders

Reiterates Framework for a Comprehensive Solution at Southwest

Columbia Bank set for Freehold Bank merger in October

The anticipated completion and systems integration for the merger is slated for October 5, 2024, subject to the satisfaction of customary closing conditions.

Callan Adds Alternative Investments Coursework to Its New Portal, Callan On-Demand Education (CODE)

Unique platform launched in April offers institutional investing education

The Prudential Foundation commits $3.3 million toward homeownership solutions

The homeownership gap between white and Black families has remained largely unchanged since the 1960s.