McDermott Will & Schulte has promoted 36 lawyers to partner and four to counsel, effective January 1, 2027. New York accounts for 13 of the new partners, which the firm said reflects continued ...

LaSalle Investment Management, a global real estate investment manager, has appointed Michael Raso as global head of private wealth.

Anthropic has grasped AI's potential for wealth management. In September it launched tools for financial advisors, connecting its Claude chatbot to investment analytics and wealth management ...

Citi has received approval from the China Securities Regulatory Commission (CSRC) to establish Citigroup Securities (China) Company Limited (CSCCL), a wholly-owned securities company headquartered ...

AI may make it easier to analyze that information, but it cannot compensate for what is missing, outdated or inconsistent. The firms that will get the most from AI will not necessarily be those ...

As evidence, Rao cited the 2025 Global Asset & Wealth Management Report of PwC which surveyed 300 firms in 19 countries. If found that profit per dollar of assets under management fell 19 per cent ...

Canada’s Canaccord Genuity is reportedly discussing the option of selling its UK wealth management business to a consortium led by private equity firm Centerbridge Partners. Bloomberg, citing ...

Banc of California has launched a private banking service for high net worth individuals, family offices, business owners and executives, covering their personal banking needs alongside existing ...

BNY yesterday reported that its net income, applicable to common shareholders, rose 20 per cent year-on-year in the third quarter of 2026, reaching $1.608 billion. Total fee revenue rose 12 per ...

Natixis Investment Managers Paris and Boston-headquartered Natixis Investment Managers, which has more than $1.5 trillion assets under management, has created a Global Client Development division, ...

ACORE Capital , a US commercial real estate debt manager, has launched a platform that will distribute its real estate credit and select equity strategies to financial advisors and their high net ...

Latigo Peak Partners, a new independent wealth management firm serving ultra-high net worth individuals and families, has launched with about $18.6 billion in AuM and a team of 48. The firm is ...