Core Insights - Charles Schwab is expanding its physical branch presence to enhance wealth services for retail clients, with plans to open 16 new branches and relocate or expand 25 existing ones [2][4] - The firm aims to hire up to 400 branch-related positions, focusing on financial and wealth consultants to serve high-net-worth clients [3] - Schwab reported significant client growth, adding 2.3 million new brokerage accounts and $218 billion in assets in the first half of 2025, bringing total brokerage accounts to 37.7 million and total assets to $10.96 trillion [5] Company Expansion - Schwab has already opened several new branches, including locations in Austin, Florida, and California, as part of its strategy to tap into high-growth, high-wealth regions [6] - The firm views its branches as a competitive differentiator, complementing its digital client interaction strategy [4] Industry Context - Other financial institutions, such as J.P. Morgan Chase and Edward Jones, are also enhancing their offerings for high-net-worth clients by establishing new service centers and hub offices [6][7]

If you’re going to bring on new clients, you’ve got to nail the Q&A. Building trust with clients takes time and effort. While investment returns remain central, today’s clients also want connection and understanding from their advisors. That trust starts with asking the right questions, especially during discovery meetings where potential clients are hoping to learn more about the services advisors provide. By asking open-ended questions, advisors can give clients space to reflect on goals in ways they ma ...

Morgan Stanley (NYSE:MS) FY Conference September 10, 2025 09:00 AM ET Company ParticipantsDan Simkowitz - Co-PresidentOperatorGreat. Welcome. Up next, very pleased to have Morgan Stanley. You can put up the first IRS question as we introduce our speaker, but very pleased to welcome back Dan Simkowitz. I think this is your third consecutive year, but for those that don't know, Dan's Co-President of Morgan Stanley, responsible for the Institutional Securities Group, serves on the firm's operating, management ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. Beacon Pointe Advisors, a serial registered investment advisor acquirer in Newport Beach, Calif., recently added three firms overseeing $1.1 billion in client assets across three states. The acquisitions include Alderfer Bergen & Co. in Warsaw, Ind.; Moser Wealth Advisors in Bellevue, Wash.; and Amore Ambro in Jericho, N.Y. With their additions, the KKR-backed Beacon Poin ...

RT X (@XaviercMiller)Getting rich isn’t the finish line, it’s the starting line. The real work begins once you arrive. And you have to work just as hard to maintain it. ...

Key Takeaways State Street invests in Apex to create a global digital custody and clearing platform.Apex supports 22M accounts with $200B assets via its API-driven wealth platform.STT combines $3T Charles River platform with Apex technology to scale wealth services.State Street Corporation (STT) is teaming up with Apex Fintech Solutions in a move that signals its ambition to transform the wealth management infrastructure. The partnership includes a minority investment by State Street into Apex and aims to d ...

You've said that our whole idea of managing wealth of investing is essentially broken or certainly misguided. What do you mean by that. And more importantly, when did you first start seeing the true potential of this market.So, I do think it's broken and it's not just people have overlooked it, but we we have to think about what happened along the way. Um 2008 to me was the seminal moment when everything changed and things started to become clear because if you think about the large private capital firms, n ...

Core Insights - Indosuez Wealth Management has completed the acquisition of Banque Thaler, now holding 100% of its capital [1][2] - The acquisition aligns with Indosuez's growth strategy and strengthens its position in the Swiss market, where it has been operating since 1876 [2][4] - Clients of Banque Thaler will gain access to a broader range of products and services, enhancing their wealth management experience [3] Company Overview - Indosuez Wealth Management is the wealth management division of Crédit Agricole Group, which is the world's 10th largest bank by balance sheet [5] - The bank has over 4,300 employees across 15 territories, managing €215 billion in client assets as of December 2024, making it one of Europe's leading wealth management firms [7] - The Swiss platform focuses on wealth management, transactional commodity financing, and commercial banking, with a strong presence in Geneva, Lugano, and Zurich [9][10] Strategic Implications - The legal merger of Indosuez and Banque Thaler is expected to be completed by the end of 2025, marking a significant step in the bank's growth strategy [2] - The acquisition is seen as a way to enhance client relationships through agile local teams and a comprehensive service offering [4] - The impact on Crédit Agricole S.A.'s CET1 ratio from this acquisition is expected to be limited [4]

Core Viewpoint - The article discusses the "2025 Asset Management Development Trends Report," highlighting the evolving landscape of asset management in China and the need for institutions to adapt to new market conditions and investment strategies [1][2][4]. Group 1: Event Overview - The "2025 Asset Management Annual Conference" was held in Shanghai, focusing on the theme "Breaking the Deadlock and Restructuring - Rebuilding Competitiveness in Asset Management" [1][8]. - The conference featured the launch of the "2025 China Asset Management Development Trends Report," with participation from key figures in the financial sector [1][4]. Group 2: Report Structure - The report is divided into five sections: 1. A retrospective on the asset management industry over the past decade and a summary of significant events in the last year [4]. 2. Analysis of new characteristics in the asset management industry, including wealth management transformation and public fund reforms [4]. 3. Insights into current asset trends and investment strategies in a low-interest-rate environment [4]. 4. A half-year report on bank wealth management, utilizing data from the South Finance Wealth Management platform [4]. 5. Interviews with leaders from various asset management institutions discussing the current state and future of the industry [4]. Group 3: Industry Trends - The asset management industry is witnessing significant growth, with insurance and public funds surpassing 30 trillion yuan, and trust assets increasing by over 23% [7]. - The report emphasizes the importance of adapting to a low-interest-rate environment, with a focus on active management strategies and innovative approaches to wealth management [7][8].

Core Insights - The "2025 Asset Management Annual Conference" was held in Shanghai, focusing on the theme "Breaking the Deadlock and Restructuring - Rebuilding Competitiveness in Asset Management" [1] - The conference featured the release of the "2025 China Asset Management Development Trend Report," which analyzes industry changes and trends to assist asset management institutions and professionals [1][3] Group 1: Report Structure - The "2025 China Asset Management Development Trend Report" consists of five sections: a retrospective on asset management, rebuilding competitiveness, new trends in asset allocation, a semi-annual report on bank wealth management, and interviews with industry leaders [3][4] - The first section reviews the past decade of asset management data and highlights the top ten significant events in the past year [3][6] - The second section analyzes new characteristics of the asset management industry, wealth management transformation, and public fund reforms [3][6] Group 2: Industry Trends - The report discusses the impact of a low-interest-rate environment on asset allocation trends among residents and the corresponding strategies of wealth management institutions [3][6] - It highlights the transformation of wealth management as a critical year, emphasizing the need for innovation and change in distribution channels [6] - The report also notes that the trust industry has seen a significant increase in scale, with a growth rate exceeding 23% and ongoing structural optimization [6] Group 3: Key Insights from Industry Leaders - Interviews with leaders from various asset management institutions provide insights into current industry challenges and future directions [3][6] - Notable discussions include strategies for active management in response to low-interest rates and the importance of supporting emerging industries such as semiconductors and renewable energy [6]