09/16/2018
Do-it-yourself deals are all the rage among rich investors
Ultrawealthy look beyond hedge funds and private equity to making direct investments in businesses
Wealth and Asset Management
09/16/2018
The Pricing War Among Asset Managers Heads To Zero
On the other hand, if brokers and asset managers work together and enter into self-indexing at low price points, the competition can effectively be dealt with.
09/14/2018
Morgan Stanley Passes $25B in Impact Assets
In the six months, Morgan Stanley has launched two programs that have helped drive its platform’s success.
09/13/2018
2019 Comp: UBS Leaves Plan Mostly Untouched, Retains Strings on Bonuses
The firm is the second big U.S. brokerage firm to try to control expectations about the annual pay program
09/13/2018
This Top Financial Advisor Isn't Afraid To Tell His Rich Clients 'No'
Their approach: getting clients to think very long-term.
09/13/2018
Citigroup plans to nearly double Brazil-focused private-banker team
The unit also doubled its minimum asset level invested at the bank from a previous $5mn, following new global standards at the company.
09/12/2018
Wells Fargo, Morgan Stanley and Other UHNW FAs Warn of Dangers in Neglecting Estate Plans
The cost of those clients’ postponements and dodging can be high, according to Featherngill, other financial advisors, and trust and estates lawyers.
09/11/2018
Family Office Exchange Establishes a CEO Advisory Board to Help Shape Strategy for the Future
Families are facing many challenges as they begin to adopt an Enterprise mindset, and this can include concerns around family unity, monitoring and managing new opportunities and risk, leadership transitions, and enterprise governance.
09/11/2018
Wealth management firms to drive ESG investing says firm
The future of retail environmental, social, and governance investing will be driven by wealth management firms predicts Cerulli Associates.
09/11/2018
You don't need $100 million to employ a family-office-style investing model
Have your lawyer, investment professional and accountant in on your plans, talking to each other, and most important, conflict-free
09/11/2018
Raymond James and Buduchnist Credit Union Wealth Management announce platform partnership
"This new partnership with Raymond James will allow BCU Wealth Management to offer our clients comprehensive, market-leading, wealth management solutions."
09/11/2018
Wells Fargo, Morgan Stanley and Other UHNW FAs Warn of Dangers in Neglecting Estate Plans
The trust and estate specialists work in conjunction with the other advisors, says Lisa Featherngill, head of Abbot Downing’s Legacy and Wealth Planning unit.
09/10/2018
Number of SEC-registered advisers grows as assets managed swell
The largest advisory firms are winning market share from their smaller competitors
09/10/2018
CAPTRUST Expands North Carolina Footprint with Merger
Joining CAPTRUST was a natural transition for Morton Wealth Management as we look to expand and bolster our client offering and service
09/10/2018
Facet Wealth raises $33 million for personal finance platform
“Our mission is to unlock access to high-quality financial advice for the mass affluent individuals and families that are often underserved or overlooked by the traditional wealth management industry,” said Facet Wealth CEO Anders Jones, in a
09/06/2018
Wells Fargo Wealth Unit Women Allege Gender Bias
Other senior positions in wealth management that are held by women lack prestige and responsibility because they don’t involve earning money for the firm
09/06/2018
New Report Reveals World’s Ultra Wealthy Population Growing at Nearly Four Times the Rate of Previous Year
This is a sharp acceleration from 2016, which saw only 3.5% growth of this population, reflecting more favorable conditions for wealth creation, despite volatile geopolitics.
09/05/2018
Banking in Paradise: the rise of offshore's next major hub
The Caribbean’s breadth of experience with tailor-made wealth solutions is another trait attracting investors to its shores.
09/05/2018
Elios Financial Group Announces New Partnership with Custodian TD Ameritrade Institutional
"These new partnerships with TD Ameritrade and PCS have the firm well-positioned to enter the next evolution of our business growth and truly embrace the role of our company as a fiduciary looking after our clients' best interest."
09/05/2018
Wells Fargo to restructure wealth management business
No final decisions have been made because that work continues