04/07/2017
JPMorgan Could Lose This 125-Year-Old Revenue Stream
JPMorgan’s leading deal role shows once again the value of relationships on Wall Street in this case, really old relationships.
Wealth and Asset Management
04/07/2017
Millennials look to boost risk on investments, increase deal flow
Equally, one-third would increase their allocations to impact investments.
04/06/2017
SunTrust Private Wealth Management Expands Business Into Houston and Dallas
In addition to Dixon, seven other wealth management professionals have joined SunTrust Private Wealth Management in Texas.
04/06/2017
Focus Financial boosts UHNW reach, adds a $2.7B multifamily office
The transaction is New York-based Focus’ second acquisition this year.
04/06/2017
UBS loses another Puerto Rico case as client payouts top $200M
The most recent case resembles many others tracked by the consulting firm.
04/06/2017
Granite Springs Asset Management, LLC Acquires a Financial Advisory Practice with $115M in Assets on SuccessionLink.com
The process began as COO Ben Seelaus perused firms listed for sell or merge on SuccessionLink.com, an online marketplace for advisors who want to buy, sell or merge their practices.
04/05/2017
Judith McGee, Chair/CEO of McGee Wealth Management named to Forbes 2017 List of the Top 200 Women Advisors in the Country
This esteemed accolade follows an impressive list of honors and accolades Judith McGee has received through her notable career.
04/05/2017
BlackRock's big funds cut commission rates for Wall Street research
The same pattern is true for other big BlackRock funds, according to a Reuters analysis of U.S. Securities and Exchange Commission filings from three of BlackRock's five largest funds.
04/04/2017
Robo-advisors now seeking high net worth clients
Robo-advisors are not just for younger folks who don’t have much money to invest
04/04/2017
Wealth Managers Using Tech to Catch Massive Asset Wave
Regtech, cloud solutions key to scaling advisors’ practices
04/04/2017
Role Is About Community Leadership
He has a head full of ideas and the professional experience to help him meet the challenge.
04/04/2017
New York Banking Royalty’s Heirs Are Unloading Art to Save the Family Estate
Country estate threatened after foundation bleeds money
04/04/2017
Evaluating And Maximizing Single-Family Office Deliverables
When it comes to deliverables aside from investment management, the attention to results, for instance, is commonly not given the attention that would be necessary to obtain optimal functioning.
04/03/2017
Citigroup’s drop in branch rankings highlights move upmarket
Lender falls out of the top 15 banks by branches in the US as it chases wealthy
04/03/2017
Morgan Stanley Wealth Unit’s Bank Gains 80K Clients
The program will be expanded to include typical retail bank features such as a debit card with access to an ATM, direct deposit, check writing, and online bill payment, with the debit card issued by UMB Bank.
03/31/2017
Philanthropists Are Pre-Qualified HNW Prospects
An alternate way of determining a person’s relative wealth is by examining the amount of money they donate to charity.
03/31/2017
Real Estate Investment from High Net Worth Individuals on the Rise in U.S.
Multifamily is Most Attractive Property Investment Type
03/31/2017
Merrill Lynch launches case against ex-Miami team members
The two flagged their intention to leave with client details and envoke the protocol when resigning from Merrill.
03/30/2017
Canadian Western CEO Sees M&A `Sweet Spot' for Wealth Management
It bought a franchise-financing business from General Electric Co. and a commercial lender, since renamed CWB Maxium Financial.
03/30/2017
UBS Asset `Doubling Down' on China's $8 Trillion Bond Market
Briscoe said that the inclusions are the “warning shot across the bow for everybody to get ready.”