Wealth management

Comerica Bank's Michigan Index Rebounded in October Despite the UAW Strike

Retrieved on: 
Monday, January 22, 2024
Comerica, Wealth management, Employment, Automotive industry, United Auto Workers, Multimedia, Electricity, Housing, Commercial bank, Retail, CMA, EV, Archive, GDP, Publication, Unemployment

The Michigan labor market is likely to recover to its pre-strike condition in early 2024, since the strike ended before 2023's critical holiday shopping season.

Key Points: 
  • The Michigan labor market is likely to recover to its pre-strike condition in early 2024, since the strike ended before 2023's critical holiday shopping season.
  • The timeliest data on auto production, which are not yet incorporated into the index, largely rebounded to pre-strike levels in late 2023.
  • The Comerica Michigan Economic Activity Index is a monthly composite indicator of state economic activity.
  • To filter out month-to-month volatility in the index components, the index is calculated from the three-month moving averages of its components.

Pontera Announces Partnership with Commonwealth Financial Network to Help Its Advisors Better Manage Clients' Wealth

Retrieved on: 
Wednesday, January 17, 2024
Senior, Commonwealth, ISO, Wealth management, Zoom, Growth, Partnership, ICONIQ, Airbnb, SOC, Financial adviser, Uber

Through this partnership, Commonwealth's affiliated advisors can seamlessly and securely manage clients' retirement plan assets via Pontera, further enhancing their ability to support their clients' long-term financial planning goals.

Key Points: 
  • Through this partnership, Commonwealth's affiliated advisors can seamlessly and securely manage clients' retirement plan assets via Pontera, further enhancing their ability to support their clients' long-term financial planning goals.
  • "Pontera's innovative solution enables Commonwealth's investment advisors to serve the needs of their clients as holistic wealth managers.
  • We're excited to build out this partnership to support advisors who make an even greater impact on their clients' financial well-being," said Karen McColl , Senior Vice President of Wealth Management at Commonwealth.
  • "We are thrilled about this partnership with Commonwealth, a real titan in the wealth management industry," said David Goldman , Chief Business Officer of Pontera.

Miracle Mile Advisors Opens Seattle Office, Expanding Advisor Recruitment and Equity Ownership Growth Strategy

Retrieved on: 
Wednesday, January 17, 2024
Strategic planning, RIA, Wealth management, Pacific Northwest, RIAS, Growth

LOS ANGELES, Jan. 17, 2024 /PRNewswire/ -- Miracle Mile Advisors ("Miracle Mile" or "the firm") – a national, award-winning and independent registered investment adviser (RIA) offering highly customized, holistic wealth management to high-net-worth clients across the nation – today announced the opening of its Seattle office. The move represents the expansion of its ongoing financial advisor recruitment initiative to a sixth location nationwide.

Key Points: 
  • LOS ANGELES, Jan. 17, 2024 /PRNewswire/ -- Miracle Mile Advisors ("Miracle Mile" or "the firm") – a national, award-winning and independent registered investment adviser (RIA) offering highly customized, holistic wealth management to high-net-worth clients across the nation – today announced the opening of its Seattle office.
  • The move represents the expansion of its ongoing financial advisor recruitment initiative to a sixth location nationwide.
  • Consistently recognized as one of the industry's fastest-growing RIAs, Miracle Mile has over $5 billion in client assets and over 25 advisors.
  • Miracle Mile aims to grow the firm through the recruitment of financial advisors while enabling all Miracle Mile advisors to become equity holders in the firm.

Rockefeller Global Family Office Expands Northern Division with the Addition of Axiom Wealth Partners of Grand Rapids, MI

Retrieved on: 
Friday, January 12, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, Wealth management, Culture, Rockefeller Capital Management, Vice, Investment

Rockefeller Global Family Office, the wealth management division of Rockefeller Capital Management (“Rockefeller”), today announced its continued expansion of its Northern Division with the addition of Axiom Wealth Partners, based in Grand Rapids, MI.

Key Points: 
  • Rockefeller Global Family Office, the wealth management division of Rockefeller Capital Management (“Rockefeller”), today announced its continued expansion of its Northern Division with the addition of Axiom Wealth Partners, based in Grand Rapids, MI.
  • Axiom Wealth Partners is led by Managing Directors and Private Advisors Jeffrey Towner, David Lund, Brett Howell, and Craig Sharp.
  • The 26-person group joins the firm from Merrill Lynch Wealth Management and will report to Brett Thelander, Northern Divisional Director of Rockefeller Global Family Office.
  • “Axiom Wealth Partners is a highly accomplished team of professionals with a reputation for excellence and integrity that aligns perfectly the Rockefeller brand and culture,” said Christopher Dupuy, President of Rockefeller Global Family Office.

UBS Advisor Team Montage Financial Group named a Top 100 Private Wealth Management Team by Forbes

Retrieved on: 
Thursday, January 11, 2024
Consulting, Banking, Professional Services, Finance, UBS, Wealth management, Research, Education, Tutoring

UBS Private Wealth Management announced today that Montage Financial Group , an advisor team based in the firm’s Denver, Las Vegas and Lincoln offices, has been named to the Forbes America’s Top Wealth Management Teams Private Wealth list for 2023, ranking #37 in the nation.

Key Points: 
  • UBS Private Wealth Management announced today that Montage Financial Group , an advisor team based in the firm’s Denver, Las Vegas and Lincoln offices, has been named to the Forbes America’s Top Wealth Management Teams Private Wealth list for 2023, ranking #37 in the nation.
  • “I am incredibly proud to see this team recognized again as one of the top private wealth teams in the country,” said Michael Gatewood, Market Executive, Chicago Wealth Management and Midwest Private Wealth Management at UBS.
  • Montage Financial Group has also recently been named to the 2023 Barron’s Top 100 Private Wealth Teams list as well as the 2023 Forbes Best-in-State Wealth Management Teams list.
  • The second annual Forbes/Shook Top Wealth Management Teams Private Wealth list has 100 teams with cumulative assets of more than $1 trillion.

Kestra Private Wealth Services Onboards BYRT Financial Advisors, a $134 Million Georgia Legacy Firm Positioned for Robust Growth

Retrieved on: 
Tuesday, January 9, 2024
Professional Services, Finance, Consulting, Asset Management, Personal Finance, Accounting, Wealth management, CPA, Tuten, Retirement, Hearing, River, Management

Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. , today announced the addition of BYRT Financial Advisors to its platform.

Key Points: 
  • Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. , today announced the addition of BYRT Financial Advisors to its platform.
  • Based in Waycross, Georgia, BYRT Financial Advisors is joining Kestra PWS with Managing Partner Matthew Tuten, who joined in 2022, at the helm, alongside Wealth Management Partner Adam Tolle, CPA.
  • After hearing others within the firm’s network share positive experiences working with Kestra PWS, BYRT Financial saw the value in the company’s full-service support model and top-tier technology.
  • The firm decided to join Kestra PWS after meeting with and observing the helpfulness and enthusiasm of the company’s senior leadership.

$100,000 Comerica Hatch Detroit Contest by TechTown returns to find Detroit's next winning brick-and-mortar small business

Retrieved on: 
Wednesday, January 3, 2024
Economic development, Mentorship, Partnership, Small business, Motivation, CMA, Incubator, Comerica, Multimedia, La Feria, Texas, Economy, Hatch, Wayne State University, City, Wealth management, Education, University, Commercial bank, Human, Retail, KEY, Assistant, TechTown, Organization, FTE, History, Casino

DETROIT, Jan. 3, 2024 /PRNewswire/ -- Comerica Bank and TechTown Detroit are gearing up for the return of the Comerica Hatch Detroit Contest, a small business competition that awards $100,000 in startup funding from Comerica Bank to one winning entrepreneur seeking to open a Detroit brick-and-mortar storefront. The competition, first launched in 2011, bolsters small business development in Detroit and will take place over the next four months, announcing this year's winning business in the spring.

Key Points: 
  • DETROIT, Jan. 3, 2024 /PRNewswire/ -- Comerica Bank and TechTown Detroit are gearing up for the return of the Comerica Hatch Detroit Contest, a small business competition that awards $100,000 in startup funding from Comerica Bank to one winning entrepreneur seeking to open a Detroit brick-and-mortar storefront.
  • The competition, first launched in 2011, bolsters small business development in Detroit and will take place over the next four months, announcing this year's winning business in the spring.
  • "A true amalgamation of the American dream, the Comerica Hatch Detroit Contest go steps beyond financial investment and directly supports these small business owners by providing vital access to capital, technical guidance and business counsel for them to thrive."
  • Comerica was founded in 1849 in Detroit during a time when all banks in the city were exclusive to the business community.

Women + Wealth: Regions Bank Launches Enhanced Program to Support the Financial Journeys of Women

Retrieved on: 
Wednesday, January 3, 2024
Professional Services, Consumer, Women, Finance, Banking, Personal Finance, Woman, Bank, Multimedia, Wealth management, Regions Financial Corporation, Region, Interior design

Regions Bank on Wednesday announced the launch of Women + Wealth, an innovative program that combines unique events and fresh insights with one-on-one guidance from a team of professionals to further support and empower women as they move forward on their financial journeys.

Key Points: 
  • Regions Bank on Wednesday announced the launch of Women + Wealth, an innovative program that combines unique events and fresh insights with one-on-one guidance from a team of professionals to further support and empower women as they move forward on their financial journeys.
  • View the full release here: https://www.businesswire.com/news/home/20240103461112/en/
    Regions Bank is announcing the launch of Women + Wealth, an innovative program that combines unique events and fresh insights with one-on-one guidance from a team of professionals to further support and empower women as they move forward on their financial journeys.
  • (Photo: Business Wire)
    An initiative of Regions Private Wealth Management , the Women + Wealth program debuts at a time when more women in a diverse range of households are making more investment and financial planning decisions.
  • Women + Wealth is led by Regions advisors, known as Women + Wealth Champions, who will work one-on-one with current Wealth Management clients, as well as Regions’ Commercial Banking and Consumer Banking clients, to deliver more timely advice, guidance and resources women can implement in making key financial decisions.

Greenbriar Announces That Former CEO of JP Morgan Securities Chris Harvey Will Join the Greenbriar Board of Directors

Retrieved on: 
Monday, November 27, 2023
TSX Venture 50, TSX Venture Exchange, JPMorgan Chase, GRB, TMX Group, Wealth management, OTC Markets Group, News, Harvard College, TSX, Exchange, JV, Management

Chris was previously CEO of JP Morgan Securities.

Key Points: 
  • Chris was previously CEO of JP Morgan Securities.
  • (part of JP Morgan Chase USD $4 Trillion AUM)
    Chris began his career at JP Morgan 39 years ago, and helped build out the firm's overall investment banking capabilities.
  • Jeff Ciachurski CEO of Greenbriar says: "We are delighted to have a person of the caliber of Chris Harvey join our team.
  • Chris gives Greenbriar a very insightful position with some of the most efficient guidance on how to maximize shareholder value.

Wedbush Securities Welcomes Rebecca Hern as Managing Director, Investments

Retrieved on: 
Wednesday, December 20, 2023
Banking, Asset Management, Professional Services, Finance, MD, Wealth management, Growth, Adviser, Merrill (company), Security (finance), EVP, Multimedia, Woman, FC

Wedbush Securities , a prominent diversified independent financial services provider, welcomes Rebecca Hern as Managing Director, Investments and Financial Consultant in Charge.

Key Points: 
  • Wedbush Securities , a prominent diversified independent financial services provider, welcomes Rebecca Hern as Managing Director, Investments and Financial Consultant in Charge.
  • Hern rejoins her home state of Dallas, TX and will run the firm’s budding footprint and growth in the greater Dallas area.
  • View the full release here: https://www.businesswire.com/news/home/20231220209534/en/
    Rebecca Hern, MD, Investments and FC in Charge, Wedbush Securities, Dallas, TX (Photo: Business Wire)
    Specializing in serving divorced or widowed women and having a unique background as a former personal banker, Hern says, “Joining Wedbush is a natural evolution for me, offering flexibility to deliver exemplary service while enjoying the benefits of working in my hometown.
  • Returning to the area from Lexington, KY, Hern has firmly rooted herself in Dallas, which she proudly calls home.