05/05/2016
Ultra-Wealthy Tiger 21 Investors Push PE Allocations to All-Time High
Quarterly cash allocations hold steady at 10%, and fixed income rises slightly to 11%
Wealth and Asset Management
05/04/2016
LPL Financial Expands HNW services
The Private Client Curriculum Series is comprised of events, tools and training that address topics relevant to serving HNW clients.
05/03/2016
Silvercrest Asset Management Maintains Focus on High Net Worth Customers
Silvercrest is the nation's only independent wealth management company that is publicly traded, having listed its shares in June 2013.
05/03/2016
Private Wealth Partners Lowers stake in Time Warner Inc
The heightened volatility saw the trading volume jump to 47,62,222 shares. Company has a market cap of $59,514 M.
05/03/2016
Wealth Enhancement Group Continues Nationwide Expansion with Acquisition of Texas-Based Sound Financial Solutions
The transaction closely follows Wealth Enhancement Group's March announcement of its acquisition of HHG & Company, LLC, an independent RIA with over $1 billion in client assets based in Darien, CT, in a transaction scheduled to close in the third
05/03/2016
When the game changes by Tim Price
In their efforts to jam the square peg of financial theory into the round hole of human nature, economists have perpetrated some pretty stupid things.
05/02/2016
Few Financial Advisors Have About Succession Plans
Financial advisory practices are small businesses. As such, they face the issues most small business face and one of those issues is succession. Only 30 percent have succession plans and many of those plans are of dubious quality.
05/02/2016
The OutsoThe Outsourcing Of Life Insurance In Wealth Management And Multi-Family Office Practicesurcing Of Life Insurance In Wealth Management And Multi-Family Office Practices
Based on a study of 803 financial advisors, around 45 percent of them were either wealth managers of multi-family offices.
04/29/2016
Industry Veterans Partner to Publish Paper on Family Wealth
Mack International Founder and President Linda Mack and WE Family Offices Managing Partner Michael Zeuner have teamed up to write an article to stress the importance of the "quarterback" role in family wealth.
04/29/2016
Rubenstein: Rich People Don't Want To Be President Anymore, They Just Want To Manage Money
The rich used to dream of having their children grow up to be president of the US.
04/29/2016
PBS signs partnership with eShore to accelerate private banking sales growth
The agreement will see eShore market and sell the IPBS system in a number of international offshore financial centres where they have an established presence.
04/29/2016
Natixis Global Asset Management wins prestigious award
Natixis Recognized for Excellence in Advisor Support and for Offering Broad Solutions to Investors
04/29/2016
Wealth manager EFG to contest increase in Transamerica premiums
An analyst in Zurich suggested that EFG would also be grappling with higher legal costs.
04/28/2016
Bank of the West Expands Presence in New Mexico with New Wealth Management Center in Albuquerque
New Center Provides Wealth Management Products and Services for High-Net-Worth Individuals, Business Owners and Affluent Families
04/27/2016
Citi Private Bank’s Specialty Hedge Fund Sales Unit Sees Double Digit Client Growth
The Hedge Fund Sales Team is comprised of senior Private Bank professionals with extensive hedge fund and capital markets experience providing highly customized strategies to an increasingly important client segment.
04/25/2016
Warren Buffett’s Former Heir-Apparent Resurfaces as Activist Investor
Ex-Berkshire executive David Sokol is pushing Middleburg Financial to put itself up for sale
04/22/2016
Sontag Explores Hybrid Robo Model
Delgass notes that while Sontag may be one of the older RIAs in the country, it is making waves with its new hybrid “robo”-advisory product
04/20/2016
Most HNW Assets Are Parked at Wirehouses and Banks
Wirehouses and banks lean too heavily on intra-channel recruiting, which could lead to slower growth.
04/20/2016
The Ultra-Wealthy And Family Offices Are Acquiring Music Catalogs
The ultra-wealthy, including family offices and some billionaires who are not in the music business in any way, are taking hard looks at acquiring music catalogs as long-term investments.
04/19/2016
Citco’s Spring edition of Spotlight
News and views from Citco on alternative industry developments