06/28/2018
Another third are neutral. Another third are unhappy. More tellingly, 27% say their earnings don't cover their "lifestyle requirements" - even though 58% of them are earning $100k+ (£75k).
06/28/2018
Eighty-seven percent of wealthy investors in a survey had advisors, but only 16% discussed wealth planning, U.S. Trust found.
06/28/2018
Per our tipster, “Group is now telling interns to hush or face repercussions if it leaks…They are going to let him off with a HR lecture.”
06/27/2018
Nearly one third of wealthy women own art or are interested in buying it.
06/26/2018
According to Mercer’s 24th annual Cost of Living Survey, factors like instability of housing markets, low inflation, and fluctuating prices for goods and services are impacting the cost of doing business in various cities around the world.
06/26/2018
The family office shuffle is when a financial or investment advisory firm holds itself out as a multi-family office but either does not offer non-investment expertise or does so in a very limited and ineffectual way.
06/26/2018
One of the biggest hurdles between interest and actual investment, according to both users and non-users of ESG products, was their perceived impact on investment performance.
06/26/2018
Forward-thinking financial institutions are utilizing new data types and tools in creative ways to better serve new customers in emerging markets.
06/26/2018
Why are women so rare at the top of companies in the financial services industry?
06/25/2018
Over the past decade, BlackRock and the elite asset management community beneted handsomely from central bank measures such as quantitative easing, with the rapid creation of money owing into listed equity markets.
06/25/2018
Harsher Federal Reserve stress tests this year won’t stop US banks from increasing their payouts to shareholders
06/25/2018
And despite rebounding last Friday, the Dow Jones Industrial Average posted an eight-day losing streak through Thursday, the worst string of losses since the 1970s.
06/22/2018
Toronto-Dominion’s returns more than doubled its Canadian competitor in the past year, eliminating the premium Royal Bank shares enjoyed for the better part of a decade.
06/22/2018
More than half of advisors say convincing clients to put a plan in place is the biggest challenge
06/22/2018
Generation falls short tapping into the longest economic expansion in decades
06/21/2018
A new alliance of financial services companies is looking to increase awareness and education.
06/20/2018
It employees 47,300 people and serves around 45mn customer accounts.
06/19/2018
Ermotti said there were not obvious warning signs in the years prior to the UBS Puerto Rico bond funds imploding.
06/19/2018
That rule will go off the books in a matter of days after a federal appeals court overturned the statute in March and the Trump administration DOL declined to appeal to the Supreme Court last week.
06/19/2018
Verger Capital asks hedge funds about policies on pay and harassment.