Wealth Management

MAY 17, 2024

TD Bank is suing Raymond James and two former employees, claiming they broke non-solicitation vows when they left TD, attracting $22 million in assets.

Banking 259

Banking Assets Clients 259

Calculated Risk

SEPTEMBER 9, 2022

The FDIC released the Quarterly Banking Profile for Q2 2022 this morning: Quarterly net income totaled $64.4 The FDIC reported the number of problem banks was unchanged at 40. In second quarter, 6 banks opened and 28 institutions merged with other FDIC-insured institutions. Total assets of problem banks declined $2.7

Banking 349

Banking Insurance Numbers Assets 349

Wealth Management

OCTOBER 18, 2023

Asset managers are increasingly rolling out products aimed at the wealth channel, but will advisors bite?

Assets 299

Assets Management Banking Investments 299

Wealth Management

MAY 30, 2024

The Horizon Group, a team of five advisors and four branch professionals, joins Pinnacle Asset Management, an affiliated bank branch, from Truist.

Banking 284

Banking Assets Management 284

The Big Picture

MARCH 4, 2025

The transcript from this weeks, MiB: Melissa Smith, co-Head of Commercial Banking at JPMorgan , is below. Melissa Smith is co-head of commercial banking for JP Morgan. Previously she was co-head of the bank’s Innovation Economy Group. And just to define that middle market sort of means in, in the commercial banking, right?

Banking 130

Banking Economy Startup Marketing 130

Wealth Management

SEPTEMBER 21, 2023

The addition doubles the amount of managed assets J.P. Morgan Private Bank has in the Seattle market from five years ago, according to the bank.

Banking 283

Banking Assets Management Marketing 283

Wealth Management

MARCH 22, 2023

Bank-affiliated brokers and advisors can expect more scrutiny to ensure bank capital and managed assets are separated, according to bank watchers. But in the eyes of clients, that may make little difference.

Banking 260

Banking Assets Clients Management 260

Wealth Management

MARCH 27, 2023

SVB Private Wealth, with about $16 billion in assets, is part of the First Citizens' "whole bank purchase" of Silicon Valley Bank.

Banking 270

Banking Assets 270

Calculated Risk

DECEMBER 6, 2022

The FDIC released the Quarterly Banking Profile for Q3 2022 last week: Net Income Increased Quarter Over Quarter and Year Over Year: Quarterly net income totaled $71.7 Asset Quality Metrics Were Favorable Overall Despite Growth in Early Delinquencies : Loans that were 90 days or more past due or in nonaccrual status (i.e., billion (11.3

Banking 246

Banking Numbers Assets 246

Abnormal Returns

APRIL 1, 2024

Markets How major asset classes performed in March 2024. bloomberg.com) Why banks love the wealth management business. capitalspectator.com) There has been a fair amount of equity return dispersion, YTD. mrzepczynski.blogspot.com) Strategy Why U.S. equity outperformance looks obvious in hindsight.

Assets 261

Assets Financial Advising Wealth Management Engineering 261

Wealth Management

APRIL 4, 2023

Lido and a subsidiary of Israeli Discount Bank have created a joint RIA to provide asset management services to the bank’s clients.

Banking 261

Banking Assets Clients Management 261

Abnormal Returns

OCTOBER 18, 2024

Companies Marc Rubenstein, "PayPal Holdings Inc is not a bank and doesn’t enjoy any of the protections that are afforded to banks." netinterest.co) Why CVS ($CVS) and Walgreen's ($WBA) are struggling. msnbc.com) There's Netflix ($NFLX) and everyone else. sherwood.news) Spirit Airlines kinda sucks, but you will miss it when it is gone.

Assets 278

Assets Financial Advising Communication Banking 278

Wealth Management

MARCH 10, 2023

Three former Carson Wealth advisors have joined Private Wealth Asset Management by way of Wells Fargo Private Bank.

Assets 246

Assets Management Wealth Advisor Banking 246

Wealth Management

APRIL 25, 2023

Brian Addington and Theresa Allen will join California-based branches, and are the latest advisors to depart First Republic after the banking turmoil earlier this year.

Assets 317

Assets Banking 317

Wealth Management

MARCH 22, 2023

Bids for SVB's private bank subsidiary, with $17 billion in assets, are due to the FDIC on Wednesday night.

Banking 244

Banking Assets 244

Calculated Risk

JANUARY 1, 2023

The FDIC's official problem bank list is comprised of banks with a CAMELS rating of 4 or 5, and the list is not made public (just the number of banks and assets every quarter). Note: Bank CAMELS ratings are also not made public. Assets decreased by $401 million to $51.1

Banking 230

Banking Assets Media Insurance 230

Wealth Management

MAY 30, 2024

Apollo’s products for individual investors are distributed through intermediaries such as bank wealth channels and registered investment advisers, and the firm doesn’t expect that to change.

Retail 261

Retail Assets Distribution Planning 261

Wealth Management

MARCH 23, 2023

Recent MSCI data shows trouble brewing in the capital markets even before this month’s bank failures.

Assets 290

Assets Banking Marketing Marketing 290

Calculated Risk

MARCH 10, 2023

To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred to the DINB all insured deposits of Silicon Valley Bank. As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total deposits.

Banking 162

Banking Insurance Assets 162

Wealth Management

AUGUST 2, 2022

Morgan Private Bank CEO David Frame called the greater Chicago area 'a critical part' of the bank’s expansion. All are joining from Citi, while two worked for J.P. Morgan previously.

Assets 264

Assets Banking 264

Calculated Risk

SEPTEMBER 7, 2023

The FDIC released the Quarterly Banking Profile for Q2 2023: Reports from 4,645 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reflect aggregate net income of $70.8 The FDIC reported the number of problem banks was unchanged at 43. billion in second quarter 2023.

Numbers 182

Numbers Banking Insurance Assets 182

Wealth Management

MAY 22, 2023

King III discusses the differences in institutional risk as they pertain to banks, investment firms and trust institutions.

Banking 147

Banking Assets Investing Investments 147

The Big Picture

JANUARY 24, 2025

The firm is owned by Mass Mutual, and half of its $431 billion in invested assets are from the insurance giant, with the rest coming from institutional investors. Previously, he was at Deutsche Bank, where he was top-ranked by Institutional Investor in fixed income and equities for 10-years.

Insurance 195

Insurance Assets Management Banking 195

Calculated Risk

JANUARY 28, 2025

Luke, CFA, Head of Commodities, Real & Digital Assets. banks reporting strong Q4 earnings, this could set the Big Apple up as we close out the year. With the exception of pockets of above-trend performance, national home prices are trending below historical averages, says Brian D. Markets in New York, Washington, D.C., annual gain.

Banking 235

Banking Assets Marketing Marketing 235

Nerd's Eye View

MAY 7, 2024

Hannah is a partner and financial advisor at Lomanto Provost Financial Advisors, a hybrid advisory firm based in Plattsburgh, New York, that oversees approximately $150 million in assets under management for about 380 client households.

Banking 246

Banking Financial Advisor CFP Financial Advice 246

The Big Picture

MAY 17, 2024

This week, we speak with Savita Subramanian , head of US Equity and Quantitative strategy at Bank of America. Be sure to check out our Masters in Business this week with Jeffrey Sherman, Deputy CIO at DoubleLine Capital , which manages over $100 billion in mostly fixed-income assets. Dick Ubik by Philip K.

Banking 173

Banking Asset Allocation Portfolio Management Engineering 173

Wealth Management

JULY 28, 2023

Aspiriant, Key Private Bank and Merrill Lynch lost advisors to Manhattan West and Steward Partners in moves announced this week, while F.L.Putnam expanded in Maine.

Recruitment 246

Recruitment Assets Banking 246

Wealth Management

JULY 15, 2024

The bank's Asset & Wealth Management segment is becoming a bigger contributor to the firm’s overall growth.

Wealth Management 286

Wealth Management Management Banking Assets 286

Abnormal Returns

DECEMBER 2, 2024

Markets How major asset classes performed in November 2024. on.ft.com) Big banks are going to struggle making up the revenue lost to private lenders. capitalspectator.com) Crypto Why managing a leveraged Microstrategy ($MSTR) ETF is harder than it looks. wsj.com) Crypto ETFs continue to attract record inflows. barrons.com) Boom!

Communication 162

Communication Manufacturing Media Banking 162

Wealth Management

SEPTEMBER 1, 2023

Two new players enter the RIA space; Baird adds a bank team with half a billion in assets; and Creative Planning and Focus Financial both make big announcements.

Banking 302

Banking Assets Planning 302

Wealth Management

SEPTEMBER 27, 2024

In other RIA news, Merchant stakes an investment banking firm, Focus partner firm Transform Wealth buys fellow Denver business Custom Portfolio Group, and Cetera's employee RIA acquires an Austin-based practice with $185 million in assets.

Banking 276

Banking Portfolio Assets Investing 276

Wealth Management

OCTOBER 2, 2023

An Atlanta-based trio of advisors with $1 billion in assets is joining Linsco by LPL Financial from Fifth Third Private Bank, to launch PB FAM Private Wealth.

Banking 297

Banking Assets 297

Calculated Risk

DECEMBER 12, 2024

The FDIC released the Quarterly Banking Profile for Q3 2024: The Industrys Net Income Decreased From the Prior Quarter, Driven by One-Time Items Third quarter net income for the 4,517 FDIC-insured commercial banks and savings institutions decreased $6.2 Total assets held by problem banks rose $3.9 billion (8.6

Numbers 147

Numbers Banking Portfolio Assets 147

Wealth Management

MARCH 1, 2023

Big financial institutions don’t feel the need to offer competitive rates on certificates of deposit, which are universally below the world’s safest asset: Treasury bills.

Certification 211

Certification Banking Assets 211

Wealth Management

FEBRUARY 13, 2024

The independent broker/dealer’s acquisition of Atria’s $100 billion in assets, 2,400 advisors and 150 banks and credit unions is slated to close in the second half of 2024.

Banking 279

Banking Assets 279

Trade Brains

SEPTEMBER 22, 2023

Fundamental Analysis of Ujjivan Small Finance Bank : The concept of Small Finance Banks (SFB) was introduced in India in 2015. SFBs also promote savings by providing a higher interest rate compared to full-service banks like HDFC and Kotak. In this article on fundamental analysis of Ujjivan Small Finance Bank. Lakh Lives.

Banking 126

Banking Assets Accounting License 126

Abnormal Returns

JULY 21, 2024

wsj.com) How Charles Schwab ($SCHW) is changing its banking business. riabiz.com) Asset managers are seeing falling profitability. (om.co) What an inverted yield curve (still) says about the odds of a recession. econbrowser.com) The commercial real estate mess is well under way. institutionalinvestor.com)

Portfolio 310

Portfolio Banking Assets Management 310