07/29/2015
LPL Assures Advisors up to 41 Percent Growth
LPL Financial is promising their advisors can grow their business up to 41 percent if they utilize the firm’s technology solutions, including its ClientWorks platform.
Wealth and Asset Management
07/29/2015
Investacorp Adds Sound Asset Advisors, United Financial Wealth Management with $75 million in New Assets
We are thrilled that they chose to partner with Investacorp, where they can continue to grow and build a flourishing practice.
07/29/2015
Northern Trust to Manage Investment Program for Northland College
Northern Trust provides investment advice, asset servicing and other related services to help nonprofit organizations achieve their financial and philanthropic goals cost-effectively.
07/29/2015
RBC launches Emerging Markets Foreign Exchange Fund
RBC Emerging Markets Foreign Exchange Fund is suitable for clients who are looking for low duration, income yielding investments to diversify their portfolio.
07/29/2015
Banks could significantly increase their profits by systematically providing wealth management services
The amount of additional revenues that are likely range from increases of 50 percent to as much as quadrupling it – a function of the products provided.
07/29/2015
Firms See Increasing Need to Serve Global Families
Family Office Increases Resources To Serve International Families
07/29/2015
Envestnet recognized as a leader in transforming wealth management
Envestnet, Inc. continues to earn top wealth management industry awards.
07/28/2015
HighTower Welcomes Guggenheim Wealth Management Business
Guggenheim has been a provider of alternative investments on the HighTower platform since 2011.
07/28/2015
High-Net Worth Huddle: Teaching Venture Capital To The World's Wealthiest
VCx is the brainchild of venture capitalist Tim Draper, managing director at VC firm Draper
07/28/2015
High-Net Worth Huddle: Teaching Venture Capital To The World's Wealthiest
In a downstairs conference room in San Mateo, Calif., a dozen businessmen from around the world are listening to the nitty gritty about venture capital investing.
07/28/2015
Former Barclays Wealth advisers launch firm with Dynasty Financial
Dynasty is a New York firm founded in 2010 by former Smith Barney and Citigroup Inc executives
07/28/2015
“It’s Fine to Fail!”
Breaking the cycle of insecurity
07/28/2015
Billionaire hedge fund managers to Puerto Rico: Close schools to pay us back
Billionaire hedge fund managers have called on Puerto Rico to lay off teachers and close schools so that the island can pay them back the billions it owes.
07/27/2015
Matter Family Office revamps leadership structure
The new structure provides clarity to our associates and encourages continued great passion for all of us to work with our families deeply across generations.
07/27/2015
UBS CEO says US wealth unit is not up for sale
UBS said on Monday its U.S.-based brokerage business, formed when UBS bought broker-dealer PaineWebber in 2000, is not up for sale.
07/27/2015
Barclays Financial Advisers Split, Forming $3 Billion Indy Firm -- Street Moves
In doing so, they passed on joining Stifel Financial Corp., the regional brokerage to which Barclays has agreed to sell its U.S. wealth business.
07/27/2015
Billionaire private-equity CEO David Rubenstein explains how rich kids are at a 'disadvantage'
Billionaire private-equity CEO David Rubenstein, the cofounder of Carlyle Group, explained on "Wall Street Week" on Sunday how growing up wealthy could put someone at a disadvantage.
07/24/2015
How Citigroup Courts Wealthy Young Heirs: Teach Them to Buy Art
They were confident that the work by the prominent New York artist Chuck Close was worth the price.
07/23/2015
BNP Paribas taps ex-Silver Bridge chief for ultrahigh-net-worth assault on US
The BNP Paribas unit is aiming for a September launch
07/23/2015
Baltimore-based boutique wealth management firm adopts structured note strategies
The return performance of a structured note will track that of the underlying debt obligation and the derivative embedded within it.