Managers of Wealth Americas

Patti Brennan Ranks #18 in Barron’s Top 100 Women Advisors in the Nation

Brennan and her team also produce The Patti Brennan Show, a podcast dedicated to helping improve the listener's net worth.

Wellington Management Closes Fourth Late-Stage Private Fund, Exceeding $2.5 Billion Target

Hadley Harbor IV brings total capital raised to invest in late-stage private companies to over $6.6 billion since 2014

New Investment Outsourcing Firm Ategenos Sells Minority Stake to Envestnet

Fresh off its SEC registration approval, Ategenos, launched by former Brinker Capital executives in May, has also gone live with its new discretionary investment management portfolios

Bank Of America pledges $500 million to funds led by minority entrepreneurs

”Capital to under-resourced entrepreneurs has the effect of unlocking their potential to grow their businesses locally and to create economic opportunity.”.

Bank boards need data-driven, independent intelligence to flag reputational crises on the horizon.

It is hardly a secret that banks, while quite stable according to federal regulatory agencies and industry data, can become vulnerable to runs.

Bank of America exceeds $500m in equity investments

Bank of America revealed a $500m equity investment commitment to minority- and women-led funds, doubling its previous $200m pledge.

Crystal Capital Partners’ Brod on how institutional alts can expand in HNW wealth management

As institutional alternative asset managers continue to play an outsized role in driving value with private market investment solutions for highly sophisticated limited partners, high net worth-focused wealth management firms are taking note.

iCapital Launches iCapital Marketplace to Connect Wealth Managers to World’s Largest Selection of Alternative Investment Opportunities

iCapital Marketplace offers enhanced distribution for asset managers with access, diligence, and analytics capabilities for wealth managers, advisors, and their clients – all in one place

Raymond James Ltd. named to the 2023 Best Workplaces in Financial Services and Insurance list in Canada by Great Place to Work

A global research and consulting firm, Great Place to Work® provides the benchmarks and expertise needed to create, sustain, and recognize outstanding workplace cultures.

Balyasny follows longer lock-up trend

Balyasny has reportedly told clients that locking up their capital helps it to attract top talent and invest in infrastructure such as technology.

Insurers continue distribution and wealth management acquisitions

This figure includes assets to be acquired pursuant to Canada Life’s proposed acquisition of Investment Planning Council.

Can alternatives help navigate macro uncertainty?

Alternative assets provide investors with the opportunity to diversify sources of return at a time of lower expected stock market returns, provided investors can tolerate the risks involved.

A Favorable Environment for Short-Duration Fixed Income

Scott Pavlak, head of short-duration fixed income at MetLife Investment Management, defines short-duration portfolios as those whose average durations range from a half- to two-and-a-half years.

Brookfield Asset Management Announces Results of Annual and Special Meeting of Shareholders

Management received a proxy from the holder of Class B Shares to vote all 21,280 Class B Shares for each of the six directors nominated

Arkadios Capital Lands $350MM UBS Team

Webb Garner Wealth Partners sought a partner that shared their values and commitment to advisor-centric practices.

Family offices up alternatives holdings to diversify

Among the changes are that these investors plan to raise infrastructure and private debt holdings on the back of rising allocations to hedge funds and private equity funds.

Natixis IM to close US equities ETF two years after launch

Liquidation proceeds due to be sent to shareholders before the end of July after difficult year for passive fund.

Apex Group’s Fund Services chosen for new LatAm Venture Capital Fund

The launch of Latin Leap’s VC fund is a welcome development against the wider backdrop of macroeconomic uncertainty slowing flows of capital to early-stage businesses.

State Street Corporation Announces Transition Information for Outstanding U.S. Dollar LIBOR-Linked Instruments

State Street has issued and outstanding USD LIBOR Securities for which Three-Month USD LIBOR currently serves as the benchmark rate used in connection with the calculation or determination of applicable interest, dividend or distribution payments. These

Franchise Investing For Nonaccredited Investors: Considerations For Advisors

These regulatory changes make it easier for nonaccredited clients to passively invest in franchises.

Alternative Investments