Atlantic Trust, the private wealth management division of New York-listed Invesco, said it has logged 16 consecutive quarters of net inflows, while it did not elaborate on performance in terms of hard numbers.

The firm has “achieved record growth in regions throughout the US”, particularly in New England, New York, the Mid-Atlantic, Texas and the Pacific Southwest, it said in a statement.

"The vast majority of our new business is referred to us by our clients and friends of the firm, which further validates our philosophy and platform.  We remain committed to keeping our clients' interests at the center of all we do and to acting as fiduciaries on their behalf," said Jack Markwalter, chairman and chief executive.

So far this year, Atlantic Trust has hired 15 senior individuals, most recently in Chicago and San Francisco with active searches for senior talent currently underway in Houston and Boston.  The firm oversees around $17.5 billion in assets under management.