04/30/2018
Credit Suisse attracted new assets to its wealth management division at the fastest pace in seven years, showing Chief Executive Officer Tidjane Thiam’s pivot to wealth management is working.
04/30/2018
Sixty percent of FAs in firms with $500 million or more under management have formal succession plans but only 13% of FAs managing less than $50 million have established succession plans.
04/26/2018
Private banker says investors should block out noise and focus on fundamentals of the companies
04/26/2018
Despite this, 58 percent of the foundations identified do not collaborate with other foundations.
04/25/2018
Being a part of a family-owned business with family and non-family in partnership positions can create a unique dynamic. Only one of the four children in our family is involved in our business.
04/25/2018
This rattled investor sentiment has now rippled across the global markets.
04/23/2018
Impact investing still lacks accurate data, Detroit is becoming attractive to advisors and Kestra adds Questmont Strategic Wealth Advisors.
04/23/2018
Amid rumors of a haircut on Cyprus Coop deposits that lead to outflows of 1.9 billion euros in the first three months of 2018
04/23/2018
Many of her clients are female entrepreneurs, finance executives, entrepreneurs, investment bankers and business owners with—in many cases—stay-at-home husbands who look after the children.
04/20/2018
As stock markets wobbled in the first quarter, investors poured more than a billion into hedge funds, sending their total assets higher than they’ve ever been.
04/19/2018
Ultra-high net worth individuals (HNWI) are generally classified as anyone with more than $30 million in liquid financial assets, and high-net worth is defined as having more than $1 million.
04/19/2018
Study Finds Women Confident in All but Investing
04/19/2018
The decline in net worth is particularly acute for young adults who have a college degree and debt.
04/19/2018
It’s the senior hires that are most interesting though: Nomura added 12 MDs and 3 EDs for its investment banking business in the U.S. in 2017 and has continued to recruit this year.
04/17/2018
Oil equities should rise as investor confidence grows that oil prices will stay high
04/17/2018
Overall, institutions with less than $1 billion in assets experienced strong annual returns of (14.15%) compared to those with more than $1 billion in assets at (15.2%).
04/17/2018
Three quarters (75 per cent) of ultra-high net worth investors (UHNWIs) believe the US could begin its next recession within two years, according to JP Morgan Private Bank’s Spring Investment Barometer.
04/17/2018
Not everyone comes into money quite so quickly or publicly, of course.
04/16/2018
The deal with CEOs and other top management is that they play a large role in selecting the members of the corporate boards that oversee their work and set their pay.
04/13/2018
Large firms’ biggest challenge in 2018 is hiring and development of talent, Pershing found in a poll.