09/26/2018
Spouting Rock Financial Partners Launches Asset Management Group
Brings Family Office Investment Approach to Retail Investors
Wealth and Asset Management
09/26/2018
World Finance announces winners of Wealth Management Awards 2018
The organisations recognised by the World Finance Wealth Management Awards 2018 have not only been able to do so, they’ve also helped the industry overcome a number of emerging challenges.
09/25/2018
Private Ocean Acquires Fellow Bay Area RIA to Create $2.2 Billion Firm
Greg Friedman’s well-known RIA has agreed to acquire Mosaic Financial Partners, founded by Norm Boone
09/25/2018
Global Single-Family Offices Are Increasingly Leveraging Cross-Border Tax Arbitrage Opportunities
With an intense focus among leading tax and investment authorities on cross-border tax arbitrage opportunities, some of the strategies are being reworked to benefit less wealthy families.
09/25/2018
LPL Poaches Another Cetera Team
The Financial Planning Department, an all-women team with $180 million in assets, is the second Cetera team to jump to LPL in as many weeks.
09/21/2018
Rothschild Merchant Banking Closes First US Private Equity Fund with Total Capital Commitments in Excess of $655 Million
Five Arrows Capital Partners completes fundraising above target
09/21/2018
1-Year-Old Cresset Surpasses $3 Billion AUM
Cresset provides its clients with access to sophisticated investment strategies and planning, the next evolution of family office services, private direct investments, and open source credit solutions arranged by Cresset's Chief Credit Officer.
09/20/2018
Peter Bermont Named To Forbes List Of Top Wealth Advisors
The Forbes ranking of America's Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative and quantitative data, rating thousands of wealth advisors with a minimum of seven years of experience.
09/20/2018
RBC Wealth Management Launches First National Ad Campaign
Later this year, RBC plans to use its advisors in select markets to personalize the campaign by sharing their RBC Wealth Management story.
09/20/2018
Barron’s Places Destination Wealth Management’s Michael Yoshikami in its Nationwide Top 100 List
For the 10th straight year, Michael Yoshikami has once again made the list of top advisors recognized by Barron’s.
09/18/2018
Captrust, prominent 401(k) advice firm, ramps up its wealth management business
Captrust's CEO wants to grow the firm's annual revenue from wealth management to 50%, up from 30%, within five years
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
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.