07/13/2016
UBS Group: Why do Investors Hold Record Cash in their Portfolios?
Investors have been wary of investing in other financial instruments such as stocks, bonds and others.
Wealth and Asset Management
07/12/2016
Alternative Investments Important To HNW Investors
Fifty-four percent of the 163 financial advisors that Artivest surveyed say offering alternatives is important to retaining and attracting high-net-worth investors.
07/12/2016
Advisers with $240M in combined AUM join Raymond James
The group will operate as part of Kruse Woods Financial Partners, an independent firm that offers securities through Raymond James' independent broker-dealer.
07/08/2016
Asset Managers’ Latest Big Investment: Consultant Relations
Investments firms have doubled down on consultant relations in recent years, ramping up both the quantity and quality of employees responsible for interacting with sector.
07/07/2016
UBS loses advisers with $70M in AUM to Wunderlich
The firm's latest hires will staff a new office in Nashville, Tenn., making it Wunderlich's second office in the area. Irene Griffis, a Wunderlich managing director, says the firm is “excited” to have the duo join the firm.
07/07/2016
HighTower adds Beverly Hills-based RIA with $500M in assets
Acquisition is fourth in RIA channel since last year and eighth overall in 2016
07/06/2016
Goldman Sachs Executives Told To Cut Travel Budgets
Employees told, “No new business, don’t go.”
07/06/2016
Investment Managers Must Embrace Technological Innovation or Risk Being Displaced, Warns SEI
Paper Urges Industry Participants to Pursue Opportunities Arising From "Five Transformative Trends"
07/05/2016
CARRET Private Investments (Asia) Limited Announces the Merger of Its Private Wealth Management Business with QL Asset Management Company Limited
Philip Carret is a Wall Street icon and investment legend who pioneered the concept of value investing
07/01/2016
Paul Singer May Be Trump's Harshest Billionaire Critic Yet
Singer, a hedge fund billionaire and frequent Republican donor.
07/01/2016
Janus buys stake in ex-Pimco manager’s new fund
Investment group backs Vineer Bhansali’s hedge fund
07/01/2016
J.P. Morgan’s Brexit Ace Up Its Sleeve: Tony Blair
When it comes to U.S.-U.K. relations, J.P. Morgan Chase has its own special relationship
07/01/2016
David P. Little of Little & Associates Wealth Management Wins Five Star Wealth Manager Award for 2016
Five Star Professional partnered with Texas Monthly to recognize a select group of Dallas/Fort Worth-area wealth managers who provide quality services to their clients. David P. Little is featured, along with other award winners, in a special section of t
07/01/2016
William Riley of Riley Wealth Management Joins CONCERT Wealth Management
Having CONCERT manage the back office and a technology platform frees up resources and enables Riley to focus on growth and acquisitions.
06/30/2016
Chicago's PrivateBancorp to be sold to Toronto-based CIBC for $3.8 billion
A name change, however, isn't being ruled out.
06/29/2016
Echelon Partners Named Finalist for the 2016 WealthManagement.com Industry Awards
The Equity Glide Path Program is a financial analysis framework designed to implement a schedule of ownership within an advisory firm.
06/29/2016
BNY Mellon Launches Real-Time Delivery of Daily Net Asset Values And Dividend Accrual Rates for Mutual Funds
The technology conveys information more quickly than the batch transmission technology it replaced.
06/29/2016
One of Canada's Biggest Banks Is Buying Chicago's PrivateBancorp
The transaction will significantly expand CIBC's reach in North America, and enable PrivateBancorp to continue building on its record of growth and client service under the leadership of its current management team.
06/29/2016
Swiss private bank to open first US office
Only representative office in the U.S.
06/28/2016
Asia Pacific is region to catch for wealth growth
The report also found that only 32% of global HNW wealth is currently being managed by individual wealth managers, representing a challenge and an opportunity for firms to consolidate assets.