Managers of Wealth Americas

Best Paying Banks For Associates In 2015 – Where You Want To Work

JP Morgan pays both the highest average salary at £94,000, and the highest average bonus of £61,500, meaning Associates take home a total of £155,500.

Global Oil Supply More Fragile Than You Think By Nick Cunningham of Oilprice.com

The growing acceptance that oil prices could stay lower for longer will kick off a fresh round of cuts in spending and workforces for the oil industry.

Millennials an elusive target for investment advisers

They tend to have conservative views on debt and risky stocks, yet they also tend to put as much faith in Google searches and social media as they do in financial advisers.

Research finds most rich people aren't worried about wealth inequality because practically everyone they know is rich, too

In one study, they estimated the percentage of people who fell into 11 different income bands, and in the other, they estimated the average income of people in each quintile.

BMO Wealth Institute Report: Half of Canadians Worried That if They Passed Away Their Families Would Not Cope Financially

Forty-three per cent of Canadians have or intend to purchase life insurance

Puerto Rico triggers historic default as austerity spiral deepens

America's home-grown "Greece" is trapped in a vicious circle as a shrinking economy and an exodus of workers pushes the debt ratio through the roof

5 Findings on How Wealthy Investors Use Social Media

The older and wealthier the investor, the less likely they are to rely on social media

Where Did All the Trust Accounts Go? -

The number of wealthy households continues to increase annually, but that number is not reflected in the investment in trust funds.

Millionaires Really Want to Talk

Regulations can get in the way, but investors still want to be able to reach their advisors with all the modern tools of communication available.

Largest 100 banks in the world

China now has four of the five largest banks in the world after weakening currencies pushed French and Japanese companies out of the top five this year, according to SNL Financial's latest global bank rankings.

Middle East investors turn attention towards US as London property prices soar

Middle East property investors are turning their attention towards the United States as some of London’s prime property markets show signs they are peaking.

Millionaires Migrating To U.K., U.S., Singapore And Australia, Report Says

The report defined ‘domicile’ as the country that a person treats as their permanent home.

What Are Wealthy Investors Doing With Their Smartphones?

Do you know what wealthy investors don't do with their smartphone? They don't pay for stuff, in most cases.

Millionaire Fact of the Day

How much should a virtual advisor cost?

Millionaire investors' confidence in their personal financial situation is at a five month high

Millionaires Drive Gain in July Spectrem Affluent Household Outlook

OFR study: Form PF works for hedge fund risk reporting

Hedge funds reporting their risk exposures to the Securities and Exchange Commission use one method, Form PF, regardless of how dissimilar their risk profiles may be

Investors Want to "Like" Their Advisors on Facebook

The new study, Using Social Media and Mobile Technology in Financial Decisions, examines how investors are using social media and other emerging technologies in their financial dealings.

Millionaire Fact of the Day

Social media IS everywhere, but its use in the financial arena is still limited….but expected to grow

CMOs invest in client experience but less diligent in tracking results by David Lo

According to our diverse group of CMOs – drawn from across the wealth management spectrum, including global private banks, national and regional broker-dealers, and family offices – attention is also focused on client retention, adding value,

Affluent Floridians spend four times the national average on vacations

The study was conducted by BMO Private Bank, a unit of BMO Financial Group, based in Toronto, Canada.

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