03/15/2016
Oakbrook Solutions Named “Best Management Consultant” to The Family Office Industry
These awards recognize the very best operators in the private client industry
Wealth and Asset Management
03/15/2016
The Koch Brothers Have Started a New Family Office to Quietly Invest Their Fortune
Harry Koch, a newspaper publisher in Texas with a libertarian bent, laid the foundations of what is now one of the nation’s most influential families.
03/14/2016
Crystal & Company Recognized for Excellence Serving High-Net Worth Clients
The firm was recently recognized by Private Asset Management magazine (PAM) as the Best High-Net Worth Insurance Broker in the country.
03/13/2016
Wealth and the Elusive 'C' Word
In February of this year, FINRA (the Financial Industry Regulatory Authority) sent a letter to a number of broker-dealers.
03/13/2016
Credit Suisse Says It Plans to Cut 163 Workers in New York State
The company said last month that it accelerated plans to cut 4,000 jobs.
03/11/2016
Northern Trust Enhances Fund Administration and Transfer Agency Capabilities for U.S. Mutual Funds
Use of Broadridge’s Revport tool improves reconciliation and payment processing
03/10/2016
Citigroup has set up a new group to cater to the richest investors in the world
The new body will combine corporate and investment banking coverage of private-equity, sovereign-wealth, pension, and hedge funds and certain family offices.
03/10/2016
John Gutfreund, Face of 1980s Wall Street Swagger, Dies
Mr. Gutfreund came to represent an era on Wall Street when swashbuckling bond traders made huge bets using house money
03/09/2016
Capgemini Brings the Power of Salesforce Financial Services Cloud to Wealth Management Clients Worldwide
New cloud-based Financial Services offering provides fully integrated capabilities for improving wealth manager productivity and firm-wide agility
03/09/2016
Can China's Rich Hold Onto Their Wealth?
These are people whose total average assets are at least RMB 10 million a day, over a one-month period.
03/07/2016
As financial advisers age, customers worry about who will guide their portfolios
That could spell trouble for some firms that have no plans for passing the torch to a younger generation.
03/04/2016
Lombard Int’l sets up dual US-UK wealth solution
In addition to providing a practical solution to the issues faced by US clients, the hybrid policy also caters to UK residents who, for business or personal reasons, plan to take up residence in the US for a period of time.
03/04/2016
Lightyear-backed Wealth Enhancement Group to buy HHG & Co
The partnership with HHG further expands the firm’s presence and we look forward to working with the management team
03/04/2016
Fund Evaluation Group Expands Research Solutions Business with Investment Advisory Firms and Multi-Family Offices
Fund Evaluation Group, LLC adds Legacy Trust Family Wealth Offices and Quadrant Family Wealth Advisors to the growing list of family office and wealth management clients that partner with FEG for research solutions.
03/04/2016
Morgan Stanley Wealth Management Launches Enhanced UMA Trading Capability for Financial Advisors
“UMAX’s ability to so efficiently facilitate changes across multiple UMA portfolios simultaneously is a major step forward in the industry,” he added.
03/03/2016
UBS’s French Business Faces Inquiry Into Possible Witness Tampering
The judges are in the process of determining whether to send that case to trial.
03/02/2016
Ascent Private Capital Management of U.S. Bank Wins Best in Private Banking Award
The award was accepted by Ascent Head of Private Banking Mark Foster at the PAM Awards ceremony in New York City on Feb. 22. Ascent has received a total of four awards from PAM since 2014.
03/02/2016
BOK Financial Closes on Weaver Wealth Management Transaction
The deal is anticipated to increase BOK Financial’s assets under management and administration by approximately $320 million and expands the company’s wealth management reach in Texas.
03/02/2016
Tiedemann Wealth Management Wins 2016 PAM Award for Best Trust and Estates Division
The PAM Awards recognize and reward those who have provided exceptional advice and service to wealthy families in an increasingly complex economic environment.
03/02/2016
Cantor & Webb Named U.S. Private Client Law Firm of the Year at 2016 Private Asset Management Awards in New York
The black-tie event was attended by hundreds of private wealth executives and celebrated those who have provided exceptional client service to the private asset management industry over the past 12 months.