Managers of Wealth Americas

New York Jets Name Dime Community Bank Official Private Banking Partner

Highlights of this partnership include presenting partnership of SNY’s Jets Game Plan

Bermuda-US reinsurers should improve underwriting results in 2023, says AM Best

“AM Best projects that premiums for the composite will further increase in 2023, as demand remains high, and rates in key lines of business continue to rise, particularly for catastrophe-exposed business.

RIA with $950M AUM to join Pensionmark amid wealth management growth

World Insurance Associates' retirement specialists unit is growing its national footprint and wealth management focus.

LPL Financial Welcomes Legacy Wealth Advisors, Inc.

With LPL being an all-encompassing firm and its own custodian

Investor Confidence Increases 11.4 Points in August to 107.7; largest increase in 18 months

State Street also announces retirement of the firm’s Investor Confidence Index effective October 25, 2023.

Portfolio Advisors partners with global investment firm for private markets offering

The Connecticut-headquartered firm will help its partner to extend its offering for selected wealth management clients.

$2.6 Billion Team Joins Raymond James From Securian

Summit Financial Group is departing Securian weeks after Cetera closed a deal to purchase that firm’s retail wealth business.

Hedge fund exposure to 7 biggest tech stocks at record high, Goldman Sachs says

Hedge funds continue to embrace mega cap tech and the artificial intelligence theme

A new, green California city in Solano County: $800m land acquisition raises questions

Flannery Associates have disclosed it has been buying rangeland properties in Solano County since 2018, cumulatively spending more than $800m

CI Financial Reports Total Assets of $430.3 Billion for July 2023

All financial amounts in Canadian dollars unless stated otherwise

Financial analysis: Berkshire’s market cap nears $800bn

Roughly 75% of Warren Buffet’s investment portfolio is concentrated in only five companies

Perpetual merges regional asset management businesses under one global umbrella

The Group consists of regional asset managers Perpetual, Pendal, Barrow Hanley, J O Hambro, Regnan, Trillium and TSW; has appointed a new chief executive for the global division.

TFS Wealth Management in Lincroft joins Pensionmark as World Insurance company

This acquisition brings an additional $5.5 billion of wealth assets under management to World’s financial services division and increases the number of financial advisors in the network to 307.

Canadian banks should brace for challenges ahead, Bank of America warns

Bank stocks have already felt the pressure, down 6% month-to-date, reflecting these concerns.

Schwab to Cut Staff, Real Estate to Save $500 Million a Year

The company has faced scrutiny from investors in recent months, particularly regarding unrealized losses from securities held on bank balance sheets.

Four Best Practices For Protecting Revenue With Risk Management

But although many fraud strategies focus heavily on reducing risk, it’s equally important to recognize the role that risk management plays in fueling healthy growth.

Germany's L-Bank taps loonie bond investors as Ottawa mulls cancelling mortgage bond program

Sold $300 million of AAA-rated bonds in first widely marketed Canadian dollar deal

Raymond James adds $300 million advisor from Merrill

Burdette Park will launch eponymous firm in Louisville, Kentucky.

SS&C Signs Definitive Agreement to Acquire Iress' Managed Funds Administration Business

Acquisition strengthens SS&C Global Investor & Distribution Solutions offering in Australia

Kestra Private Wealth Services Expands California Presence by Onboarding $124 Million Thriving Asset Management

Silicon Valley-based firm looks to embrace true entrepreneurship and offer high-touch client service with full-service support of Kestra PWS

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