05/21/2019
Goldman Sachs’ Wealth Shift
Goldman Sachs didn't get quite that specific in its statement on the deal
Wealth and Asset Management
05/20/2019
Despite High Satisfaction Rates Among HNW Investors, FAs Need to Set Themselves Apart
To that end, the survey also polled investors on what they consider the essential traits for an advisor.
05/17/2019
Goldman Sachs makes biggest acquisition in nearly 20 years
Major acquisitions have been rare in the post-crisis world as Wall Street firms focus on avoiding the wrath of regulators and politicians.
05/17/2019
Wealthy Chicago clans connect to invest
Chicago families with more than $1 billion to invest are pooling their fortunes for bigger investments.
05/16/2019
Family Offices Grow Their CRE Holdings
Current conditions in the capital markets are prompting high-net-worth individuals to fill in gaps left by other funding sources, according to Lonnie Vidaurri of Starpoint Properties.
05/16/2019
UBS Eliminates More Than 150 Jobs as It Reviews Staffing
Cutting back-office costs has been a focus of UBS and its crosstown rival Credit Suisse Group AG for years.
05/15/2019
Hines & Warner Wealth Management to Join Focus Partner Firm Vista Wealth Management Group
The combination of the two firms also promotes continuity of service for Hines Warner and their clients as they join a like-minded organization in Vista.
05/15/2019
Zoe Financial Wins Morningstar's Annual Fintech Competition
The head of the digital lead generation site says it has already connected $100 million in new client money with advisors.
05/15/2019
Wealth advisers flee big banks for smaller firms
Breakaways are occurring more frequently as advisers hope to exert greater control and keep a larger share of the revenue
05/14/2019
Wealth Advisers Are Fleeing Big Banks For Smaller Firms
Breakaway firms have parked $25 billion on Dynasty’s platform
05/14/2019
CIBC AM makes portfolio management changes
CIBC Private Wealth Advisors will assume advisor responsibilities for three funds
05/14/2019
Financial advisers form Portland wealth management firm
All of the advisers had worked at UBS before forming Great Diamond Partners.
05/14/2019
Benjamin F Edwards launches registered investment adviser
The firm is debuting with Blake and Connor Dunlop of the Dunlop Investment Group, a father-son duo who manage USD230 million in client assets.
05/14/2019
The Marijuana Industry’s Dirty Little Secret
After securing a major $4 billion investment from beverage giant Constellation Brands, it seemed like Canopy Growth was on the top of the world.
05/13/2019
Don’t Have $25 Million? Then You’re Just Another Peasant
Only a couple of decades ago just having a few million made you truly rich.
05/13/2019
Henry Ford Senior Advisor and Principal of LifeSteps Financial Announces Family Office Expansion
"Our clients rely on us as objective advisers to help them protect their assets while investing for growth, so that they can enjoy a preferred lifestyle while creating their legacy" Mr. Ford concluded.
05/13/2019
How Much Money Do You Need to Be Wealthy in America?
The exact amount can depend on how old you are.
05/10/2019
World’s rich put a third of funds into cash as trade war simmers
​According to a UBS survey released on May 7, 32% of high-net-worth portfolios are in cash.
05/10/2019
Lyon Polk: Keys to a $15.4 Billion Practice
Lyon Polk the first was the undersecretary of state for Woodrow Wilson, and architect of the Versailles Treaty.
05/10/2019
Focus Financial Partners Reports First Quarter 2019 Results
“The first quarter again demonstrated the power of the Focus model in a highly attractive growth industry,” said Rudy Adolf, Founder, Chief Executive Officer and Chairman.