08/06/2015
Getting Active-Investment Advice to Market Cheaply
Currently, the institutional channel is exploring multi-factor and smart beta investing.
Wealth and Asset Management
08/05/2015
Exclusive: UBS was warned of Puerto Rico loan practices, e-mails show
A UBS AG branch manager in Puerto Rico warned bank officials that brokers for the firm had urged customers to engage in improper loan practices, more than two years before the bank made a US$5.2 million settlement over the matter with the island’s f
08/04/2015
Small, Fee-Only Shops Prevail in RIA Space
Turns out only a fraction of the industry’s 11,473 RIAs are dually registered or affiliated with a broker/dealer, according to the 2015 Evolution Revolution, produced by the Investment Advisor Association and compliance solutions firm NRS.
08/04/2015
Aberdeen to Acquire Arden Asset Management to Enhance Global Hedge Fund Solutions Capability and Strengthen Alternatives Footprint in the U.S.
This acquisition is in line with Aberdeen's strategy to strengthen and grow its global alternatives platform encompassing multi-manager research and selection across hedge funds, private equity, and property along with direct investments in infrastru
08/04/2015
Raymond James Snags $700M FiNet Team
A team that managed more than $700 million in client assets has signed on with Raymond James' independent channel, the firm said.
08/03/2015
The answer is always 'yes' for those who serve the wealthy
They are paid to cater to every whim, anticipate every need and handle every detail, all while maintaining the utmost composure.
08/03/2015
7 Resources for Wealth Management Help
The average consumer would say wealth management is for the rich people
08/03/2015
WashingtonFirst Bankshares completes acquisition of 1st Portfolio Holding Corporation
The mortgage lending and wealth management businesses of 1st Portfolio Holding Corporation will continue to operate from their current location
08/03/2015
Merrill Lynch Goes After Foreign Clients in 29 Countries
Merrill Lynch’s parent company, Bank of America, sold its offshore wealth-management offices three years ago.
07/31/2015
UBS Donations To Clinton Foundation Upped After 2009 Swiss Deal
It might just be coincidental timing, but it sure looks bad.
07/31/2015
Analysis: Why Advisors Are Leaving Barclays
The deal to sell the wealth management operation to Stifel was supposed to come with 180 advisors managing about $56 billion in offices in 12 cities.
07/30/2015
Offering Wealthy Heirs Crash Courses on Art Problematic
Citigroup offers wealthy heirs an art auction crash course, but is it actually a good idea?
07/30/2015
Individual Investors and Family Offices are The Rising Power in Private Equity
The deal underlines the growing importance of being able to target individual investors – for now the wealthy, but eventually also mass market retail investors.
07/30/2015
The growing wealth gap that nobody is talking about
Young people have always been poor, but today's young people are poorer than most
07/30/2015
Merrill Plans Overseas Splash With New International Adviser Group
Brokerage to create specialized team of financial advisers to handle clients in 29 countries
07/30/2015
Stepping Up to Wealth Management
Taking a financial planning practice to the next level
07/30/2015
For the Wealthy, It’s Hard to Find Good Help
Family offices are hiring household help for HNW clients — but should they get involved?
07/30/2015
Use Analytics to Make Financial Advice More Efficient
Yet few of them take the time to analyze that information to grow their business
07/30/2015
Serving America's Young Wealthy Requires an Industry Shift, According to SEI Report
Futurewealth Report Compares America's Young Emerging Wealthy With Global Peers and Older Counterparts
07/30/2015
A More Personalized Approach to Private Wealth
Like the finance industry as a whole, the private wealth sector is in the midst of a period of profound transition.