03/15/2017
Advisors Must Understand Millennial Diversity
Advisors need to stop trying to target millennials as a whole, Focus partner MW Lomax acquires Westwood Group and Merrill hires an advisor away from BTG Pactual.
Wealth and Asset Management
03/14/2017
Bank of the West Wealth Management Group Recognized by Private Asset Management Magazine and Family Wealth Report Magazine Awards
Wins Private Asset Management Magazine's Innovation Award in Private Banking; Highly Commended for Client Service.
03/14/2017
Citi Private Bank Recognized for Excellence in Private Banking
These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process - such that the awards truly reflect excellence
03/14/2017
Raymond James moves into benchmark stock index
"We are honored to be included with this prestigious group of companies,” said Chairman and CEO Paul Reilly.
03/14/2017
Merrill Lynch Wealth Management is First on Barron’s 2017 "America's Top 1,200 Advisors
Advisors considered for the "America's Top 1,200 Advisors: State-by-State" ranking have a minimum of seven years’ financial services experience and have been employed at their current firm for at least one year.
03/14/2017
HighTower Sets Rapid Pace for 2017 Growth with 4th New Team
He also works closely with clients' tax and legal advisors to help ensure that the team's recommendations align to help protect and grow clients' wealth.
03/14/2017
Are high-net-worth clients starting to prefer passive vehicles?
The Spectrem survey’s finding that younger wealthy investors hold ETFs in higher proportion than older investors do supports this.
03/14/2017
JP Morgan prepares wealth clients for change in IRAs
The move only affected a small portion of J.P. Morgan's clients
03/14/2017
Morgan Stanley hiring hundreds into wealth unit to train technophobe advisers
They will also help advisers promote their presence through social media.
03/13/2017
New York's Focus Financial Partners' $1.3b mid-tier warchest
Focus acquired a minority stake in MW Lomax last year and the Melbourne-based firm in turn has acquired Brisbane-based wealth manager Westwood Group for an undisclosed sum.
03/13/2017
BlackRock vows new pressure on climate, board diversity
There are firms where we think they're probably not moving fast enough given the risks to the business.
03/10/2017
Why directed trusts can be effective in asset management
Its objective is to prevent misunderstandings and lawsuits by spelling out the responsibilities of trustees more clearly.
03/09/2017
New Force on Wall Street: The ‘Family Office’
Clans with nine-figure fortunes are increasingly investing through unregulated firms known as family offices, impinging on the business of investment banking and private equity
03/09/2017
UBS Wealth Management Americas Partners with Rethink Impact to Contribute to Raising Industry's Largest1 Impact Investing Fund with Gender Lens Overlay
Rethink Impact fund invests in female-led companies creating transformational social and environmental change
03/09/2017
UBS Raises $100 Million US Fund to Invest in Woman-Led Firms
There has never been a better time to enter the field of impact investing.
03/09/2017
Goldman, UBS quants see US dollar warning sign in theory from 1500s
But they're sending a consistent signal that should worry US dollar bulls.
03/08/2017
Neuberger Berman Places Eight Wealth Advisors On Barron's Top 1,200 Financial Advisors List
He heads a wealth advisory team with $2.5 billion in client assets.
03/08/2017
Tiedemann Wealth Management Wins Prestigious Best Outsourced CIO Award from Family Wealth Report
Tiedemann was selected for the award by an independent panel of experts drawn from private banks and trusted advisors/consultants.
03/08/2017
Market Street Trust Named Multi-Family Office of the Year by Family Wealth Report
This marks the third year in a row that Market Street has been honored with the "Best Multi-Family Office" award.
03/08/2017
Oakbrook Solutions Crowned Best Family Office Management Consulting Firm for the Second Year at the 4th Family Wealth Report Awards 2017
Judges recognized Oakbrook as "a powerhouse in serving the family office sector that offers a clear signature process that is logic based.