04/17/2014
US fight over adviser fiduciary rules nears end
While debate in the US wealth management sector regarding improved fiduciary responsibilities for advisers appears to approaching resolution, the price of this resolution is that it has retreated back to just improved disclosure rules.
04/17/2014
Legend Advisory Corporation, a registered investment adviser, announced today the unveiling of a comprehensive wealth management platform for their financial advisers.
04/17/2014
WisdomTree Investments, Inc.an exchange-traded fund sponsor and asset manager, announced today that it has completed the acquisition of Boost ETP
04/17/2014
Wealth management revenue rose 4 percent to $3.62 billion and the division's earnings were up 65 percent to $423 million.
04/16/2014
HighTower's annual Ultra-High-Net-Worth Family Wealth Conference took place on April 8, 2014 at George Washington University in Washington, DC.
04/16/2014
BlackRock CEO Laurence Fink's pay totaled $22.9 million in 2013
BlackRock Inc, the world's largest money manager, paid Chief Executive Officer Laurence Fink $22.9 million in compensation last year, up 13.4 percent from $20.2 million the year before.
04/16/2014
Wealth Management Up, But BofA Posts Net Loss on $6B in Legal Fees
Bank of America’s wealth management unit reported a modest increase in profits and a surge in advisor productivity, but the bank suffered a net loss for the quarter as litigation expenses related to the financial crisis rose to $6 billion.
04/14/2014
Benchmark Bank has announced the formation of Benchmark Private Wealth Management, a subsidiary of Benchmark Bank and a Registered Investment Advisor, to better provide its customers with a complete suite of financial services.
04/13/2014
He was recently chosen as the most influential figure in wealth management by the readers of WealthManagement.com.
04/11/2014
There has been a flurry of merger and acquisition activity in the pension space in Latin America
04/11/2014
Beckman currently serves as senior vice president/director of special projects
04/11/2014
The release of the Fed minutes gave the stock market a brief bump
04/10/2014
Benchmark Bank has announced the formation of Benchmark Private Wealth Management, LLC, a wholly owned subsidiary of Benchmark Bank and a Registered Investment Advisor, to better provide its customers with a complete suite of financial services.
04/10/2014
This brings the total banks and brokers are seeking to recover
04/10/2014
A number of asset managers have signalled a more bullish stance on emerging market assets, suggesting a revaluing of the beaten-down asset class.
04/10/2014
Seattle-based McAdams Wright Ragen has more than $10 billion in client assets
04/10/2014
Together they managed $150 million in client assets and have more than 70 years of combined experience.
04/09/2014
The JPM US Small Cap Growth Fund moved to soft closure
04/09/2014
New Study Shows Mass Affluent, Millionaire and Ultra High Net Worth Investors' Attitudes and Concerns About Advisors and Investments in 2014
04/09/2014
The Fund's Class F returned 43.4% annualized over the past five years for the period ending February 28, 2014.