05/24/2015
Warren Buffett thinks the poor should stop blaming inequality on the rich
People need to stop blaming the rich for income inequality in America
Wealth and Asset Management
05/22/2015
Santander expands wealth management services
The service is geared to customers with about $250,000 of deposits and investments.
05/22/2015
How Firms Are Attracting Millennial Advisors
Despite all the talk about the aging financial advisor force, the industry still has a problem attracting and retaining young talent.
05/22/2015
Swiss banks in U.S. criminal probe face longer wait - U.S. ambassador
The largest bank in that group was Credit Suisse
05/22/2015
Is Canada the New Switzerland? Safe reputation abroad seen driving Toronto’s condo boom
Canada’s reputation as a safe country to live and bank is luring buyers from abroad and driving the housing boom in Toronto.
05/22/2015
Compass Wealth Services adviser selected for Raymond James program
The institute was developed to help financial advisers in their consulting practices through educational programs
05/21/2015
Raymond James in sweet spot as big banks shrink
That leaves regional banks from $20 billion to $50 billion in assets in a sweet spot
05/21/2015
The Value Of Wealthy Clients For Professionals
When it comes to the wealthy, the math on the asset side of the profit and loss statement is pretty simple.
05/21/2015
Wealth Adviser: Confronting Conflicts Among Broker Teams
Financial advisers and investors now can compare how their net worth and investment styles compare to that of President Obama and his wife.
05/20/2015
The Fuoco Group Announces Partnership with Hewins Financial Advisors
TFG's continued growth has also been aided by several mergers and acquisitions
05/20/2015
Why Cantor's Wealth Division Is Faltering
It's a really formidable challenge for firms to get into the high-end wealth management market and leverage off their name without a solid strategy," says Brian Hughes, president of Philadelphia consulting firm Hughes Growth Strategies.
05/20/2015
Northern Trust to Provide Global Custody for the University System of Maryland Foundation
Northern Trust will provide other services including pooled accounting, endowment reporting and investment performance services.
05/19/2015
LPL Financial Expands HNW Push
LPL says it has $27 billion in advisory and brokerage assets in accounts of $5 million or more
05/19/2015
Tiger 21 Creates Holding Company
Tiger 21 started in New York City in 1999 and now has organizations in 18 cities in North America
05/19/2015
Lovell Minnick completes Mercer sale
Lovell Minnick Partners has completed the sale of its portfolio company
05/19/2015
Highly Profitable Practices For Accounting Firms
Wealth management is a practice area some accounting firms have done very well with
05/19/2015
RIA Acquirer Focus Financial Starts Share-Buyback Plan
When the offering is completed next month, Focus expects to have returned almost $300 million to its network shareholders since 2013.
05/18/2015
Brown Brothers Harriman is shaking up its private-banking business
The 200-year-old partnership offers a sense of stability, and the principals have skin in the game.
05/18/2015
Attrition and breakaways have shrunk head counts at wirehouses
Dwindling head count presents one of the biggest threats to the wirehouses as they look to keep pace
05/18/2015
Obama could be worth as much as $6.9 million
Obama proposed eliminating those college savings accounts — known as 529 plans