Merrill Lynch Wealth Management President Andy Sieg said we are in a 'bull market for advice.' Meanwhile, in its quarterly earnings, Wells Fargo reported a slight dip in its headcount over 2021.
Cartesian Growth Corporation has closed on its deal to merge with RIA Tiedemann Group and wealth and investment manager Alvarium Investments. The combined firm began trading under the ticker 'ALTI.'
Recent filings with the SEC indicate that the Kingswood/Wentworth deal is on track to close early this year, despite the difficult environment for SPACs.