11/20/2017
Merrill Lynch Fights Retired Brokers’ Arb Claims
The time to bring claims ended long ago and, as a result, we will file motions to have these cases dismissed
Wealth and Asset Management
11/20/2017
UBS Raises Fees for Wealth Management Clients
The brokerage currently charges an annual fee of $150 to $500 to clients with $1 million or less in total assets held at UBS, the publication writes.
11/20/2017
Culture Is Raymond James’ Middle Name
It was a rare moment in which a powerful CEO was able to show that they understood exactly what type of challenges their clients face.
11/19/2017
Morgan Stanley nixes protocol pact, blocking brokers’ exits
The feeling is the same for many advisers at the other major wealth management houses, The Post has learned.
11/16/2017
Among Wealthy, MFOs Supplant Wirehouses, Banks
Wirehouses and private banks have lost some marketshare over the same time period, sinking from 59.7 percent in 2012 to 57.8 percent last year.
11/16/2017
HNW Investors Put FA’s Trustworthiness Above Returns
Meanwhile, three-quarters put the most stock into long-term investment returns, according to the survey.
11/16/2017
Smaller Firms Will Be Most Impacted by Protocol Exits
Smaller firms, those with between $100 million and $200 million in assets, will have a harder time paying settlements.
11/15/2017
Multi-Family Offices See Growth Spurt As Rich Get Richer
This Rise In MFOs Can Be Attributed To A Broader Shift Towards Lower Costs And Greater Transparency
11/15/2017
New Issue of Investments & Wealth Monitor Focuses on Fiduciary Practices
Adhering to the best fiduciary practices ensures that the advisor-client relationship maintains the highest ethical standards
11/15/2017
OM Asset Management Announces Launch of Secondary Offering
The public offering is being made pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission.
11/14/2017
Key Bank Hits Stride in Wealth Management
Wealth management is Key Bank’s fastest-growing division, Merrill Edge improves its research and BNY Mellon consolidates its asset managers.
11/14/2017
Global Family Enterprise Membership Association Recognizes Partner in Chicago-Based High Net Worth Family Consulting Firm
Dr. Jamie Weiner becomes a Fellow at the Family Firm Institute in Chicago, IL
11/13/2017
World's largest multi-boutique asset manager to Launch Multi-Asset Investment Manager
With over $560 billion in AUM,2 the combined business will rank as a top 10 U.S. institutional asset manager and a top 50 manager globally.
11/13/2017
Global leader in wealth structuring solutions announces acquisition
The acquisition is subject to regulatory approval and is expected to complete in 2018.
11/13/2017
BMO plays pivotal role in bridging business in Asia and North America
Bank of Montreal optimistic about opportunities in China and expands wealth-management services across Asia
11/11/2017
If You're Rich, This Is What You Need to Know About Estate Planning
The heirs of high net worth individuals aren't interested in any of the fancy art or antiques that their parents pass to them.
11/09/2017
Wall Street Hedge Fund Veteran Hits Highs With Copycat Tactics
Dixon Boardman Is Marketing His Novel Approach To Stock-Picking To Institutional Investors In The US And Europe
11/09/2017
UBS Investor Watch Report Reveals Passion Over Profit Drives Wealthy Investors to Collect, But Nearly Half Overpaying for or Regret Purchases
Over 80% of wealthy investors plan to leave their collection to their heirs, but 65% of heirs have no interest in keeping the collection
11/09/2017
City National Bank Adopts SEI Wealth Platform
Fully-Integrated Wealth Management Platform Selected to Enable Firm's Digital Transformation
11/08/2017
Financial Advisors Joint Venturing To Build Their Practices
Most financial advisors are focused on creating joint ventures with complimentary professionals.