04/12/2017
JPMorgan Delays Shifting Some Wealth Clients as U.S. Mulls Rules
But in a follow-up letter to clients this week, the New York-based bank said it’s holding off on the changes.
Wealth and Asset Management
04/12/2017
New Wealth Management Firm GENCapital Opens in Atlanta
Our flexibility at GENCapital allows us to capitalize on our experience and better serve our clients.
04/12/2017
Four KC wealth management firms merge
Four Kansas City-area wealth management firms have joined into one, called Infinitas.
04/12/2017
New Wealth Management Firm GENCapital Opens in Atlanta
GENCapital was selected out of a field of competitors to assist in the management of the institution's assets.
04/12/2017
Ric Edelman Says The Future Is Coming Faster Than You Think
Advisors must fundamentally rethink their business over the next 10 years, or risk becoming extinct.
04/11/2017
UBS wants to be Wall Street's greenest bank
There is this misconception that there is a trade-off
04/11/2017
Bank of America’s Vision of Wealth Management
Bank of America attracted $18.9 billion in long-term flows, reflecting a shift from brokerage to asset management.
04/10/2017
HSBC Global Asset Management to Unite Emerging Markets Local Debt Fund with Emerging Markets Debt Fund
A combined and therefore broadened exposure to the hard and local currency debt segments brings clear diversification benefits since each has varying reactions to market impacts, different drivers of return, and can capture different phases in the economi
04/09/2017
The $10 Trillion Baby Boomer Problem That Could Sink Wall Street
The IRS requires that money held in tax-deferred accounts like these starts being withdrawn in the April following the year in which the account holder turns 70 1/2 years old.
04/08/2017
Men Bet She Would Fail; Now She Runs a $26 Billion Fund
Dawn Fitzpatrick manages the billions in family wealth of the investor George Soros. But she takes over at an unsettled moment for global markets.
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.
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