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November 22, 2021

Brady Family Wealth launches to serve multi-generational clients in US

By Verdict Staff

Fee-only, registered investment advisor (RIA) firm Brady Family Wealth has been launched to offer wealth management services to multi-generational clients across the US.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

The St. Louis, Missouri-based firm, co-founded by CEO Tom Brady and CIO Andrew Brady, will specialise in providing investment management, financial planning, and estate planning to high-net-worth (HNW) individuals and families.

The father-son duo, who previously worked at Wells Fargo Advisors, is also joined by senior client relationship manager Sharon Schamel.

Tom Brady said: “We built our RIA business on serving clients and their families with complicated financial lives.

“Andrew and I believe the comprehensive technology and resources available to independent advisors will be a great fit for our team and our clients.”

Andrew Brady added: “We created Brady Family Wealth with the goal of delivering the highest standard of care and diligence for each family we serve. We feel that in order to do that well, we can only take on a limited number of new clients each year and maintain a high level of personalisation.”

Brady Family Wealth has partnered with brokerage and custodian services provider TradePMR for technology and custodial services.

Other developments in the US RIA space

The US RIA landscape is becoming increasingly consolidated.

This month, Canada’s CI Financial signed a deal to Chicago-based wealth and investment management firm Gofen and Glossberg to expand its presence in the broader Midwest of the US.

CI, which is looking to bolster its US presence as part of a global expansion strategy, signed a number of other deals this year.

These includes its agreement to buy a majority holding in US-based RIA Bluestein as well as acquisition agreements to takeover McCutchen Group, Portola Partners Group, and Radnor Financial Advisors.

In October, Fairport Wealth, a Cleveland-based Hightower advisory firm, snapped up Pennsylvania-based wealth management firm FMA Advisory, which oversees $500m in assets.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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