05/27/2015
Asset managers beat the bushes to woo reclusive family offices
They trot out celebrity executives, hold conferences and make sweetened investment offers to bring in private wealth to private equity
Wealth and Asset Management
05/26/2015
TD Bank Launches Annual Campaign with Employees, Customers, to Support Special Olympics
The Special Olympics fundraising program runs from May 18 through June 26, 2015.
05/26/2015
RBC, City National off to friendly start ahead of $5.4-billion takeover
Working closely with Blair Fleming, head of RBC’s U.S. capital markets unit, the two banks signed off on the loan within 72 hours.
05/26/2015
Julius Baer May Get Lighter U.S. Penalty
Authorities could take into account the bank’s efforts to notify them of possible tax evasion
05/26/2015
KKR Rolls Out Petraeus in Hunt for $4 Trillion of Family Wealth
It was an invitation too good to resist
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
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