UHNW | Jotup

Cerity Partners Announces Combination with Agility to Offer Outsourced Chief Investment Officer Capability

Retrieved on:

Lundi, avril 8, 2024

Element, CIO, Organization, Growth, Partnership, Research, Perella Weinberg Partners, UHNW, Willkie Farr & Gallagher, Management

NEW YORK, April 8, 2024 /PRNewswire/ -- Cerity Partners, a leading independent wealth management firm in the U.S., announced today that it is combining with Denver-based Agility, a provider of outsourced chief investment officer ("OCIO") solutions for endowments, foundations, family offices, corporations, healthcare organizations, and other clientele. Upon closing, Agility will form Cerity Partners OCIO.

Key Points:

The addition of Denver-based Agility will expand Cerity Partners' capabilities through outsourced chief investment officer services to non-profit organizations, UHNW individuals, and family offices.
NEW YORK, April 8, 2024 /PRNewswire/ -- Cerity Partners, a leading independent wealth management firm in the U.S., announced today that it is combining with Denver-based Agility, a provider of outsourced chief investment officer ("OCIO") solutions for endowments, foundations, family offices, corporations, healthcare organizations, and other clientele.
Agility's investment team will establish an OCIO investment committee within Cerity Partners.
Broadhaven Capital Partners served as financial advisor and Willkie Farr & Gallagher LLP served as legal advisor to Cerity Partners.

AlTi Tiedemann Global Announces Acquisition of East End Advisors Following Strategic Investment

Retrieved on:

Lundi, avril 1, 2024

Asset Management, Professional Services, Finance, Constellation, Common stock, Acquisition, Allianz, Investment, AUM, UHNW, Joel Tobeck, Ecosystem

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces the acquisition of East End Advisors, an independent advisory firm with assets under management (AUM) of approximately $5.6 billion, offering customized portfolio management and investment services to a select group of UHNW families and foundations.

Key Points:

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces the acquisition of East End Advisors, an independent advisory firm with assets under management (AUM) of approximately $5.6 billion, offering customized portfolio management and investment services to a select group of UHNW families and foundations.
Headquartered in New York, East End’s strong investment record and experienced team expand AlTi Tiedemann Global’s operations in key regions within the US and further enhance AlTi’s offering within the growing Outsourced Chief Investment Officer (OCIO) market.
Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, said:
“We have long admired the exceptional team at East End, their investment approach, and the long-standing and trusted relationships they have with their clients.
Wachtell, Lipton, Rosen & Katz is serving as legal advisor to East End Advisors.

First Rate Taps Global Marketing Leader and CEO April Rudin to Join Company’s Board of Directors

Retrieved on:

Mercredi, mars 20, 2024

Software, Banking, Professional Services, Fintech, Data Management, Technology, Asset Management, Artificial Intelligence, Data Analytics, Finance, Other Technology, Consulting, Marketing, RIAS, UHNW, AI, Rate, First-rate, Management

First Rate , a global leader in providing AI reporting and compliance services for the wealth management industry, has added global marketing strategist April Rudin , CEO of The Rudin Group , to its Board of Directors.

Key Points:

First Rate , a global leader in providing AI reporting and compliance services for the wealth management industry, has added global marketing strategist April Rudin , CEO of The Rudin Group , to its Board of Directors.
“The wealth management industry is experiencing a significant transformation, and First Rate is at the forefront of this change.
“First Rate has been at the forefront of wealthtech and their reputation as a world-class leader in this space speaks for itself.
Rudin has been disrupting the financial services marketing landscape since 2008 with the founding of The Rudin Group.

NEUBERGER BERMAN AND KEY WEALTH ANNOUNCE A PROPRIETARY CUSTOMIZED DIRECT INVESTMENT OFFERING FOR KEY PRIVATE BANK CLIENTS

Retrieved on:

Lundi, mars 18, 2024

Neuberger Berman, Tax, HNW, KeyBank, SMA, UHNW, Key, NB, ETF, Financial services

CLEVELAND and NEW YORK, March 18, 2024 /PRNewswire/ -- Neuberger Berman, an employee-owned, private, independent investment manager, and Key Wealth, the wealth management business of KeyCorp (NYSE:KEY), announced the introduction of Neuberger Berman's Custom Direct Investing (NB CDI™) solution to tax optimize Key Wealth equity strategies for long-term wealth growth for Key Wealth's high net worth (HNW) and ultra-high net worth (UNHW) clients.

Key Points:

The NB CDI™ platform will provide custom implementation of Key Wealth's proprietary equity strategies including Key Core Equity, Key Sustainable Equity Advantage and Key High Dividend.
The customization offered by NB CDI™ aims to enhance Key's existing strategies by seeking to provide clients consistent tax alpha with precise tax loss harvesting.
This approach is designed to not only seek to increase after-tax investment returns but also to elevate the overall client experience.
"We're excited to introduce Neuberger Berman's Custom Direct Investing platform as part of our proprietary equity strategies for our HNW and UHNW clients," said Jonathan Theberge, Director of Wealth Services for Key Wealth.

Ultra Wealthy Philanthropic Giving Increased 25% Between 2018 and 2022

Retrieved on:

Jeudi, mars 14, 2024

Organization, Education, Growth, University, UHNW, Environment, Pharmaceutical industry

NEW YORK, March 14, 2024 /PRNewswire/ -- Today Altrata, the leader in data and insights on the wealthy and influential, released Ultra High Net Worth Philanthropy 2024. This latest global philanthropy report – the first edition published by Altrata and the seventh powered by Wealth-X data – provides unique and detailed insights on donor activity, primarily by the world's ultra high net worth (UHNW) population; those with a net worth of $30m or more. These ultra wealthy individuals account for a considerable and growing share of total individual giving.

Key Points:

NEW YORK, March 14, 2024 /PRNewswire/ -- Today Altrata , the leader in data and insights on the wealthy and influential, released Ultra High Net Worth Philanthropy 2024.
These ultra wealthy individuals account for a considerable and growing share of total individual giving.
Ultra High Net Worth Philanthropy 2024 not only investigates the growth and trends of philanthropic giving by UHNW individuals around the world, but also highlights the challenges facing fundraisers and the evolving strategies they are employing to meet the needs of the current environment.
Ultra High Net Worth Philanthropy 2024 also leverages Altrata's Wealth-X data to identify the common characteristics of UHNW donors based on their affinity to give.

R360 Ushers in New Era of Ultra-High-Net-Worth Community with Recent Media Coverage

Retrieved on:

Mardi, mars 12, 2024

Biotechnology, Cole, Houston Chronicle, CNBC, R360, AI, MBA, News, PMP, Publication, Investment, UHNW, Berkshire Hathaway

MIAMI, March 12, 2024 /PRNewswire/ -- R360, the foremost community for ultra-high-net-worth (UHNW) individuals, proudly announces extensive coverage of its latest insights and achievements featured in leading publications in recent months.

Key Points:

MIAMI, March 12, 2024 /PRNewswire/ -- R360, the foremost community for ultra-high-net-worth (UHNW) individuals, proudly announces extensive coverage of its latest insights and achievements featured in leading publications in recent months.
The recent press coverage highlights R360's steadfast commitment to redefining the UHNW experience and its dedication to guiding members on the journey from prosperity to purpose.
Family Office Professional: Silvia Costa, the head of R360 Productions, discusses the significance of legacy films in capturing family narratives for future generations.
R360 remains at the forefront of ushering in a new era of the UHNW community, guiding its members towards purpose-driven prosperity and enduring legacies.

ADFO Summit Was Held Successfully on 1st of March in Abu Dhabi Setting a New Standard of Networking for Family Offices in the UAE

Retrieved on:

Mardi, mars 5, 2024

Family, Part, Dawood Group, UHNW, Environment, Typesetting

Abu Dhabi, United Arab Emirates--(Newsfile Corp. - March 5, 2024) - The second edition of ADFO Summit was held in Abu Dhabi on Friday, first of March.

Key Points:

Abu Dhabi, United Arab Emirates--(Newsfile Corp. - March 5, 2024) - The second edition of ADFO Summit was held in Abu Dhabi on Friday, first of March.
Fridays are an unusual day to host a business gathering in the UAE, but not for Abu Dhabi Family Office Summit, known as " ADFO Summit ".
Debuting in 2023, the ADFO Summit introduced a fresh paradigm for networking, curated specifically for both local and international families seeking unparalleled connectivity.
Following the resounding success of ADFO Summit 2.0, the team is gearing up for ADFO Summit 3.0, scheduled for May 30th & 31st.

Global Family Offices Database 2024: Asset Allocation, Investments, Management, and Investment Personnel by Name and Job Title, and Many with Emails - ResearchAndMarkets.com

Retrieved on:

Jeudi, février 29, 2024

Online database with detailed profiles of over 2,500 family offices globally, including KYC background to the family, the investment strategy of the family office, asset allocation, examples of investments, management, and investment personnel by name and job title, and many with emails.

Key Points:

Online database with detailed profiles of over 2,500 family offices globally, including KYC background to the family, the investment strategy of the family office, asset allocation, examples of investments, management, and investment personnel by name and job title, and many with emails.
Single family offices manage the investments of the wealthiest families globally.
For those wishing to build relationships with single family offices, such as asset managers and private and investment bankers, the difficulty of access to SFOs is well-recognised.
Investment banks seeking to advise family offices on M&A, divesting family businesses, or raising equity or debt capital

Online Database with Detailed Profiles of Over 250 Family Offices in the UK & Channel Islands - ResearchAndMarkets.com

Retrieved on:

Mardi, février 27, 2024

Asset Management, Professional Services, Business, Online, Family, Isle, Radar, KYC, Investment, Channel, Database, UHNW, Microsoft Excel, SFO, Publication, Retail

The "Family Offices in the UK & Channel Islands" database has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Family Offices in the UK & Channel Islands" database has been added to ResearchAndMarkets.com's offering.
Online database with detailed profiles of over 250 family offices in the UK & Channel Islands including KYC background to the family, investment strategy of the family office, asset allocation, examples of investments, management and investment personnel by name and job title, many with emails.
The publisher, which holds the largest database of single family offices outside the USA, offers access to the database via two online publications, both updated and expanded daily:
Detailed profiles of over 250 Family Offices in the UK, Channel Islands, & Isle of Man
What data is included in each family office?
Investment banks seeking to advise family offices on M&A, divesting family businesses, or raising equity or debt capital
Over 250 companies profiled including:

AlTi Tiedemann Global welcomes strategic investment of up to $450m from Allianz X and Constellation Wealth Capital

Retrieved on:

Jeudi, février 22, 2024

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).

Key Points:

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).
CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, will invest $150 million.
AlTi will use the capital principally to fund its mergers and acquisitions (“M&A”) pipeline and organic growth activities.
Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, said:
“This investment accelerates AlTi’s trajectory to become the leading global independent UHNW wealth management platform, with strategic and targeted expertise in alternatives.