Wealth Management Industry News
A collection of Wealth Management latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Allianz expands in Singapore wealth management
SINGAPORE – German insurer Allianz is seeking to build a leading wealth management and retirement business in Singapore through its acquisitions of HSBC Life Singapore and UOB Asset Management, less than two years after its attempt to take…
PepsiCo, Inc. $PEP Shares Sold by Avior Wealth Management LLC
Avior Wealth Management LLC lowered its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 65.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 5,717 shares of the company's…
AAFMAA Wealth Management & Trust LLC Trims Holdings in Salesforce Inc. $CRM
AAFMAA Wealth Management & Trust LLC lowered its stake in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 71.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional…
Avior Wealth Management LLC Has $710,000 Stake in The TJX Companies, Inc. $TJX
Avior Wealth Management LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 65.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,689…
AAFMAA Wealth Management & Trust LLC Sells 2,971 Shares of Dell Technologies Inc. $DELL
AAFMAA Wealth Management & Trust LLC lowered its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 55.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm…
Wealth management has got junior advisors' first 90 days covered. What happens on day 91?
Ask any wealth management firm what a new advisor recruit can expect in the first 90 days, and you'll likely get a tidy answer that includes compliance training, licensing paperwork and an introduction to the team. Ask what happens after that in…
NVIDIA Corporation $NVDA is Elite Wealth Management Inc.'s 2nd Largest Position
Elite Wealth Management Inc. trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 203,019…
Castle Rock Wealth Management LLC Sells 12,269 Shares of Cloudflare, Inc. $NET
Castle Rock Wealth Management LLC lowered its position in Cloudflare, Inc. (NYSE:NET - Free Report) by 93.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund…
Industrials Up on Rate Optimism -- Industrials Roundup
Shares of industrial and transportation companies rose on rate optimism after a surprising contraction of the U.S. work force. The Federal Aviation Administration ordered the inspections of Boeing 737 MAX jets for cracks in the body of the…
Mascagni Wealth Management Inc. Buys 1,563 Shares of Alphabet Inc. $GOOGL
Mascagni Wealth Management Inc. boosted its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 56.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,347…
This famed stock-market bubble indicator is broken
In July, the Shiller CAPE ratio crossed above 42 for the first time since July 2000, when the S&P 500 had just begun its 50% decline from the nauseating heights of the dot-com bubble. Because of its impressive track record of predicting long-term…
Utilities Up as Treasury Yields Fall -- Utilities Roundup
Shares of power producers rose as Treasury yields fell in the wake of an unexpected decline in U.S. employment in July. The U.S. lost 23,000 jobs in the month, according to the Labor Department. The utilities industry group has slumped in recent…
Singapore banks ride Asia's wealth boom to weather rates headwind
A surge in income from wealth management and other fee revenue helped Singapore's top three banks to cushion the impact of low interest rates, as lenders bet the region's fast-growing affluent population will continue to underpin growth this year.
Communications Services Down Amid Deal Doubts -- Communications Services Roundup
Communications-services companies ticked down amid doubts about consolidation in the sector. Take-Two Interactive shares rallied amid optimism about demand for its latest version of 'Grand Theft Auto' and despite the videogame maker's quarterly…
Rare Public Friction Tests Singapore's 'City in Nature' Vision
Each week we bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. This week, Srinidhi Ragavendran reports on the forest fight testing Singapore's “City in Nature” ambitions, Chanyaporn…
Receive a Daily briefing on Wealth Management Industry News
Get Started