All articles by Shivam Mishra

Allworth Financial acquires Salzinger Sheaff Brock and Sheaff Brock 

The deal, Allworth’s 42nd since 2018, increases its assets under management and administration to over $30bn. 

PGIM merges public fixed-income and private-credit teams, creating $1tn unit 

This move is part of new CEO Jacques Chappuis’s strategy to enhance cross-selling efforts. 

Fintech Wealthfront files for US IPO  

Wealthfront said the IPO is anticipated after the SEC’s review, contingent on market conditions.  

Northern Trust plans to stay independent amid merger talks with BNY Mellon 

A merger between the two firms could create an investment-management powerhouse overseeing more than $3tn.  

AI-powered fintech Conquest Planning secures $80m funding

The funding round was led by Goldman Sachs Alternatives with participation from new investors including Canapi Ventures, BDC Capital, and Citi Ventures. 

HSBC names new head of wealth and premier solutions in Singapore 

Ishan Sarkar has 20 years of expertise in investment and sales positions at several top-tier global financial firms.  

Elevation Point backs new wealth manager Family Office Partners 

Family Office Partners, led by a team of former UBS private wealth advisors, manages approximately $2.5bn in client assets.  

BNY and Northern Trust reportedly hold merger talks 

Barclays appoints ex-HSBC executive as UAE private bank head 

Farzad Billimoria brings 30 years of financial expertise, with experience in private banking, wealth management, and retail banking.  

Light Frame and Mambu enter wealth management partnership 

According to Mambu, the collaboration is “timely”, as wealth managers and private banks navigate shifting client demands.