Managers of Wealth Americas

Morgan Stanley’s Staid Wealth Management Boost Earnings

Its pre-tax profits in wealth management increased by 26% from last year.

After prostitution arrest, $4 billion hedge fund to become family office

Roughly five months after the arrest of CEO Jim Bisenius in a prostitution sting, Common Sense Investment Management is closing its doors and becoming a family office

First Republic Reports wealth management assets up 32.9 pc

Core EPS up 24% and Wealth Management Assets up 33% for the Year

Citigroup Earnings Rise, Helped by Cost Cuts

Citigroup Inc.'s fourth-quarter profit more than doubled from a year earlier as the bank reined in expenses and bounced back from a 2012 quarter weighed down by heavy charges.

The Family Office Dynamic: Pathway to Successful Family and Wealth Management - Credit Suisse Private Banking White Paper

The paper also provides an analysis of important topics and issues to consider when deciding whether to establish, or restructure, a family office.

Credit Suisse, Franklin Templeton launch commodities products

Adding to a growing list of commodities offerings, Credit Suisse launched two new products today that will be listed on the NYSE.

Dundee Goodman Private Wealth to Expand Wealth Management Services

The new Dundee Goodman investment advisors manage portfolios with a combined value of approximately $2.0 billion.

Wells Fargo 4th-Quarter Profit Rose 10%, Slightly Ahead of Estimates

Wells Fargo, which has come to dominate mortgage lending since the financial crisis, on Tuesday reported profits for the fourth quarter of 2013 that were 10 percent higher than in the same period of 2012.

HNW Investor Returns at a high, yet, confidence in Financial Service Providers at a Low – what’s the deal?

It’s more than just making money – it’s about: Trust, Transparency & Technology

Sackler Family Office Invest In Alternative Mutual Fund

The Balter Capital Management fund promises much lower fees than traditional hedge funds by pooling up to five hedge funds with a similar need for additional assets.

BNY Mellon Appoints Four In Wealth Management

BNY Mellon has hired the team of David Dasari and Chad Maze for its wealth management group’s West division.

Wealthy avoid taxes by moving assets to no-tax states

The maneuvers are getting fresh scrutiny from officials in states including New York, which is losing an estimated $150 million a year through such tax avoidance.

Three Mindsets of the Millionaire Investor

The most aggressive millionaire investors have the most confidence in their knowledge of financial products and investing.

Miami’s rebound attract family offices, hedge funds and high net worth

The city of Miami has evolved impressively since the 2008 economic depression into a very dynamic and sustainable city.

Insight: Credit Suisse sticks with money-losing U.S. brokerage

Credit Suisse Group AG is betting it can turn around its unprofitable U.S. private wealth business with new loan products and a focus on the ultra-rich, a strategy greeted with skepticism by some securities analysts and former officials at the bank.

Andbank Acquires the Business of the Miami Based Wealth Management Firm Swiss Asset Advisors

As a result of this acquisition, Andbank will close 2013 with more than $17bn in assets under management which doubles its size in the last five years.

Willis Group to Acquire Specialist Broker

The Firm currently has 61 employees and consultants based in Hong Kong, Singapore, Switzerland and the US.

BNY Mellon Wealth Management shifts management

A Miami native has been tapped for a high-level job with BNY Mellon Wealth Management and plans to add new employees throughout the state this year.

UBS sees recruitment pay off in the fourth quarter

With a year-end windfall of veteran advisers, the firm topped off a year of big gains

Independent wealth management firms expands credit with access to $550 Million facility

The new facility can be increased by $150 million through the utilization of an accordion feature, expanding the facility to $550 million.

Wealth and Asset Management