11/21/2018
The clear-eyed math shows that if an ultra-wealthy family wanted to spend down half its wealth in a 20-year time frame, the family would need to donate more than 11% of its assets per year — a tenfold increase over average current levels of giving.
11/20/2018
Such strategies can be especially effective when they’re targeted towards a specific sector/industry/market or country.
11/20/2018
Under the latest tax law, passed late last year, only those with more than $11.2 million in assets ($22.4 million for a married couple) are subject to federal estate taxes.
11/20/2018
This insight is meaningful, as about 40% of big-company mergers require some kind of turnaround, according to Lessons from Eight Successful M&A Turnarounds
11/20/2018
Prior to Obama’s tenure in office, fewer than 1,000 Americans expatriated annually.
11/19/2018
The clear message from the study shows that with the growing deployment of AI solutions for wealthy clients a new type of wealth manager is emerging, with APAC leading the way.
11/19/2018
Innovation by acquisition is a clear strategy invoked by Broadridge, and one that our Mike Tae believes plays naturally with market trends.
11/19/2018
These actions support the coalition's foundational commitments to broaden awareness of unconscious bias and encourage difficult conversations about diversity and inclusion in the workplace.
11/19/2018
With 65 deals worth $153.3bn, and 79 deals valued at $152.9bn, Morgan Stanley and JP Morgan secured fourth and fifth positions, respectively.
11/19/2018
A single industry now makes up more than 40% of Berkshire Hathaway’s stock portfolio.
11/19/2018
At the same time, a coherent approach at defining comprehensive legal parameters for crypto space could allow big businesses to enter significant capital into its market.
11/16/2018
Bain & Company’s ninth annual study on retail banking finds traditional banks continue to lag behind technology firms and direct banks in providing simple, digital customer experiences
11/15/2018
People with a “planning mindset” typically have more savings, less stress, and are more likely to say they’re “thriving” in life
11/15/2018
The complication was that some of his business dealings were being scrutinized and he wanted to make absolutely sure his tax planning would not cause him any problems.
11/15/2018
Remember that cost and price are very different things.
11/14/2018
Through our Fintech working group, we are working across the Federal Reserve System to take a deliberate approach to understanding the potential implications of AI for financial services, particularly as they relate to our responsibilities.
11/14/2018
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.64% in November.
11/13/2018
The survey also indicates that other generations of high-net-worth individuals, including Boomers and Gen Xers, are less likely to report the same feelings.
11/12/2018
Considering that almost 50% of Ultra High Net Worth family wealth is being managed through Family Offices, it is critical that adequate measures are put in place to defend these firms from the growing threat of increasingly sophisticated cyber-attacks.
11/12/2018
Cloud has been, in her words, "a breath of fresh air" for financial institutions trying to reinvent themselves in the wake of the global financial crisis, as they grapple with a fall in money-making transaction fees.