Wealth and Asset Management

15196 articles found

Switzerland Remains Among Top Wealth Management Markets Globally

Switzerland has ranked fifth globally in the inaugural Avaloq Wealth Management Index, highlighting the country’s continued strength as a wealth management hub while pointing to areas where it trails leading markets in digital adoption and demographic factors.   The index assesses 15 international markets across more than 60 indicators grouped into five pillars: macroeconomic conditions, […]

Taiwan private banks buoyed by mergers and semiconductor demand

Merger activity as well as strong demand for semiconductor and AI products are positives for Taiwan’s private banks.   Merger activity is driving positive momentum for some lenders, notably Taishin International bank, Bank SinoPac, and SinoPac Financial Holdings, Fitch Ratings said. These mergers are expected to expand franchise and improve profitability.   Strong demand for […]

HDFC Bank Transforms Wealth Operations with Finacle Wealth Management Solution

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and HDFC Bank, India’s leading private sector banks, today announced the successful deployment of the Finacle Wealth Management Solution to power the bank’s digital transformation initiatives.    With this deployment, HDFC Bank has replaced its legacy systems, which relied heavily on manual processes, with […]

AlphaCore takes over Brave Family Advisors

AlphaCore Wealth Advisory has acquired Brave Family Advisors, a wealth management firm managing $700m in client assets.    The deal broadens AlphaCore’s footprint in the northeastern US, supporting its longer-term expansion plans.    Brave was established in 1992 and has worked with high-net-worth and ultra-high-net-worth families for more than 30 years.    Its leadership team, […]

BNY and Galaxy Collaborate to Advance Digital Asset Infrastructure

BNY has announced a strategic collaboration with Galaxy, a global leader in digital assets and data center infrastructure, to further advance digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s Digital Asset Custody platform.    This will bring together Digital Asset Custody […]

Hightower Signature Wealth Adds $2.5B in AUM* Through Addition of Stearns Financial Group

Hightower Advisors has announced the addition of Stearns Financial Group (SFG) to Hightower Signature Wealth (HTSW). This addition brings approximately $2.5 billion in AUM* and 30 new team members to HTSW, further expanding its national footprint.   With locations in Greensboro and Chapel Hill, North Carolina, SFG has provided comprehensive financial planning since 1991. The […]

WTW Investments and SEI Partner to Expand Private Markets Solutions for Defined Contribution Plans

SEI and WTW Investments have announced an expansion of their strategic relationship to support the development of private markets solutions for the 401(k) and broader U.S. defined contribution market.   Building on WTW’s experience integrating private markets into defined contribution (DC) solutions since 2018, the relationship combines WTW’s investment research and portfolio implementation capabilities with […]
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