08/03/2016
Family-Office Services a Win-Win
Wealthy clients will appreciate the one-stop shopping and advisers will see improved retention rates
Wealth and Asset Management
08/02/2016
Former RoboVault President Susan D. McGregor Acquires Company's Fine Art Services Division
McGregor and her team of highly experienced art handlers work extensively on private estates, yachts, corporate offices, museums, galleries, and major art fairs.
08/01/2016
Wealth managers face slowdown in assets under management
Wealth management industry will need to redesign the ‘core’ high-net worth service model
08/01/2016
ADS Securities expands its wealth management benefits offering with American Express partnership
The new partnership with American Express Middle East means that ADS Securities clients can now access the exclusive American Express Centurion Card, which is available by invitation only.
08/01/2016
Wealth Adviser Daily Briefing: Startups Shake Up 401s, UBS Wealth Unit Weathers Investor Slowdown
Curated news and analysis for wealth advisers and their clients from WSJ reporters and columnists and beyond
08/01/2016
UBS America's Wealth Unit Profits Up 18%
The company attributes the increase in profit at Wealth Management Americas’ division to lower operating expenses and record net interest.
07/29/2016
Savant Capital Management Ranked Among Top Industry Leaders
Annually, Financial Advisor magazine ranks the top RIA firms across the United States based on a survey of the firms’ discretionary AUM.
07/29/2016
Lazard’s Earnings, Revenue Slide Amid Rocky Markets
Advisory, asset-management businesses sag in latest quarter
07/29/2016
Partners RHB-AM And Neuberger Berman Launch New PE fund
Touting the fund as the first of its kind in Asia, Eliza Ong, managing director and regional head at RHB-AM, says the partnership leverages on Neuberger Berman’s platform and PE strategies.
07/29/2016
How rich is rich enough to get the attention of big US brokerages?
Industry sources say that figure was closer to $250,000 before the financial crisis.
07/28/2016
Some high-net-worth Canadians choose to take on mortgages
The Investor Group survey, which looked at how high-net-worth Canadians are using their mortgages.
07/28/2016
Point72’s Cohen Bets $250 Million on Crowd-Sourced Quantopian
Cohen’s bet on the Boston-based firm is the first major commitment of funds for Quantopian to manage using its members’ algorithms, the company said Wednesday in a statement.
07/26/2016
BNY Mellon Named Gold Medal Sponsor of USRowing
This sponsorship represents an extension of BNY Mellon's long-term commitment to the sport of rowing, both in the U.S and abroad.
07/26/2016
J.P. Morgan Wealth Management Executive Di Iorio to Retire
The bank didn’t immediately name a successor to the role in a memo sent Monday afternoon by asset management chief Mary Callahan Erdoes to bank employees.
07/22/2016
Boston Private Wealth sees first increase in assets in a year
The unit had watched its assets under management shrink for four consecutive quarters.
07/22/2016
Private Client Resources & Chicago Clearing Corporation Announce New Partnership
Most financial advisors rely on notice mailings or hard-to-track industry communications just to stay informed of existing class action settlements.
07/22/2016
Morgan Stanley’s Cross-Selling Rescues Wealth Unit
Net revenues in the bank’s wealth division slipped to $3.8 billion in the second quarter this year, compared to $3.9 billion a year ago, according to the report.
07/21/2016
Northern Trust Announces Increased Quarterly Dividend
We are pleased to announce a dividend increase, which demonstrates the continued strength of Northern Trust’s capital position
07/21/2016
RBC Wealth Adds Two Teams From Rivals
Meanwhile, Cetera, Deutsche Bank & Snowden Lane say they have picked up new advisors, as well
07/21/2016
Ernst & Young Veteran Joins Fieldpoint Private
He led Ernst & Young's family office practice in Moscow, Russia, as well as serving several years working with a boutique merchant bank in the Middle East.