Managers of Wealth Americas

The Diamond Podcast for Financial Advisors: Cedarwood Financial Partners' $1.7B Post-Litigation Comeback Story

Todd Vincent and Dylan Ripley share the reality of leaving Edward Jones, defending a two-year lawsuit and still nearly doubling their business.

Bill Ackman tries IPO market again with fund-management share giveaway

Both Pershing Square, the hedge-fund firm, and Pershing Square US, a new closed-end fund, filed to go public with the Securities and Exchange Commission.

State Street Investment Management Launches Investment-Grade Public and Private ABS ETF

The fund’s private ABS allocation may include, but is not limited to, securities sourced by Apollo Global Securities, LLC.

Why this top multi-asset fund has halved its bond allocation since 2022

This rise in popularity has brought about the return of the 60/40 portfolio, which incorporates a 60% weighting to equities and a 40% position in bonds.

BCS Investors Have Opportunity to Join Barclays PLC Fraud Investigation with the Schall Law Firm

Based on this news, Barclays ADSs fell significantly in the next several trading sessions.

PNC Financial Services Group Names Deutsch as Advertising Agency Of Record

We are confident Deutsch has the experience and capabilities to be a strong, strategic partner as we seek new and innovative ways to serve our customers

Very few equity researchers in banks ever exit to hedge funds or private equity firms

They could also bring their analytical skills to private markets with private equity firms.

Hightower Signature Makes First External Acquisition With $5B RIA Journey Strategic

The acquisition provides a significant asset boost to the Hightower Signature W-2 channel, a key growth area for CEO Larry Restieri, and adds Journey Strategic Wealth founder Penny Phillips to Hightower Signature’s leadership team.

Canada Life Insurance completes £80 mn Safeway pension buy-in

The transaction marks the scheme’s sixth buy-in as trustees continue a phased de-risking program.

Hedge fund Millennium hired an ex-Goldman Sachs strat MD from Citadel

One Goldman quant who did just that has emerged at Millennium in New York.

Savant Wealth Secures Largest Acquisition to Date With $3.9B RIA

Heritage Financial, an independent RIA that had grown to $3.9 billion in assets, will adopt the Savant Wealth name while continuing to operate from offices in Massachusetts.

Small caps, enhanced signals: Our new NextGen ETF

Small caps bring very different return drivers to large caps

Advent International completes tbi bank acquisition

The European Central Bank approved the acquisition deal 10 months after it was initially announced.

Fidelity Launches Turnkey Model Portfolios Focused on Private Markets

The open-architecture models will invest in private equity, private credit and private real estate.

Edward Jones secures conditional approval to launch federally chartered bank

Led by banking veteran Andrea Moss, Edward Jones Bank plans to launch in early 2027.

RPAs Face Growing Competition from Wealth Advisors over 401(k) Participants

Convergence of wealth and retirement at work is attracting more financial advisors

Bank of America taps LSEG to boost AI-enabled client services

The collaboration is designed to help clients analyse market conditions more efficiently, identify trends and make more informed decisions.

Private Markets’ Race Toward Retail Spurs Demand for Data and Transparency

Expansion of private markets’ investor base is reshaping data requirements, partnerships, and industry standards

Guardian Announces Strategic Partnership With Avantos

Next-generation technology will help Guardian advisors deepen client relationships and support clients’ financial well-being

Neuberger launches short duration income fund

The fund will be managed by a team of senior portfolio managers including Ashok Bhatia, David Brown, Michael Foster and Matthew McGinnis.

Alternative Investments