08/14/2013

No rest for Collardi as Julius Baer grapples with Merrill

In July, five months after the integration began, Collardi raised the estimated integration costs to 455 million francs from 400 million, and retaining Merrill Lynch bankers is also costing money and slowing efforts to hire advisors in other areas.

08/13/2013

Raymond James offers alts to RIAs

“I am pleased to inform our registered investment advisors they will now have access to the Raymond James Alternative Investment Group (AIG),” said Bill Van Law, president of Raymond James IAD.

08/11/2013

2.2 billion RIA Joins Focus Financial Partners

A $2.2 billion registered investment advisory firm with roots at Bank of America's Merrill Lynch and UBS AG has joined Focus Financial Partners, a partnership of independent wealth management firms.

08/11/2013

Swiss firm Hansa to buy SVG Investment Managers

Hansa has assets under management of more than $1.8bn, while SVGIM - which invests in UK equities by applying private equity techniques to public markets - runs around £200m.