Managers of Wealth Americas

The Rich Are Getting Richer, and That's Good for Advisors: Cerulli

he number of high-net-worth households is increasing, and that group controls more than 43% of U.S. investable assets, Cerulli reports.

Citi’s new CEO: 'I think being a woman has been helpful'

Jane Fraser, the first female leader of a major Wall Street bank, has always enjoyed ‘playing the game differently’.

Bill Stone shares leadership advice with Forbes

Bill applies that philosophy to focus on facts and numbers and treat everyone equally—don’t play favorites.

Will Moneyball Finally Crack the Game of Active Management?

Billy Beane seems to think so.

Turning hope into reality

A brighter outlook but recovery will be gradual

4 questions to ask yourself about living to 100 — because there’s a chance you will

Americans born today can expect to live into their 90s and beyond

Why Has Bill Gates Been Paying Off So Many Bad Actors ?

There are just over 500 on that list, and that list makes for intriguing reading.

Why This Billionaire Will Never Leave New York

For the cosmetics mogul and philanthropist Leonard Lauder, the city, with its museums, public transit and parks, is an explorer’s delight.

Why Has Bill Gates Been Paying Off So Many Bad Actors? by Tim Price

Compliance has been expensive but, for Bill Gates, probably worth it, dilettante billionaire healthcare nerd that he is.

Even the Turkey is Worried by Gary Dugan

The markets’ abiding hope is that the good news about a potential vaccine will overcome the near-term bad news about the impact of COVID-19 on global economic activity.

State Street Global Advisors Issues Public Comment on Employee Benefits Security Administration Rule

We commend the Department and the work of the professional staff for issuing the IFR in a timely fashion and, more importantly, for appropriately balancing the various considerations necessary to ensure that DC plan participants have the tools they need t

Annuities Could Stop Retirees From Going Broke. Why Don't More People Use Them?

The Stanford Longevity Project and and Principal Financial Group looked at why many retirees don't use annuities and how to address their concerns.

Banks didn’t cause this recession, but they won’t escape it either

Branch closures, heavy loan activity and future defaults are issues Colorado banks have had to face this year

Wall Street banks can’t snub entire industries under OCC proposal

“This proposed rule would ensure that banks meet their responsibility to provide their services fairly since they enjoy special privilege and powers.”

Thanksgiving may be a super-spreader; will vaccine news bring holiday cheer?

Thanksgiving may be a super-spreader event this year, as governments around the world try to plan their way through the upcoming festive season. But investors have been given a boost from good vaccine news.

Merrill Lynch president urges ‘full transparency’ on diversity in industry

Many promises, good intentions, lots of rhetoric,” Andy Sieg, president of Merrill Lynch Wealth Management

Celent study—Singularity and the future of investment accounting operations

These firms are often encumbered with dated technology and legacy applications that hinder product development and geographical expansion efforts.

Swiss Re CEO Sees Global Risks Increasing: Future of Finance

Another risk is the surge in borrowing as government’s seek to prop up pandemic-hit economies, even with many balance sheets already stretched.

SEC Warns of Lax Branch Office Compliance as RIA Businesses Boom

The 2020 report was compiled before the coronavirus pandemic was declared in March, according to the IAA and co-sponsor National Regulatory Services, a compliance consultant.

Pension Markets in Focus 2020

A special feature forecasts the evolution of the value of retirement assets to Q3 2020 and examines the funding position of DB plans in 2020.

Comment, Analysis & Research