Managers of Wealth Americas

Wealth of bank jobs

The hiring focus now is on the back-office compliance staff to rein in the risk takers

Bank of America CEO blocks pay cut for Merrill brokers

He personally blocked a cost-cutting proposal that would have cut the main component of most brokers’ pay for 2013, Bloomberg reports.

A Tale of Two Riches: Comparing U.S. and Chinese Wealth, in Charts

Wealthy Chinese are, on average, 16 years younger than their American counterparts.

Rich Chinese Flee, Bringing Their Wealth With Them

Most countries worry about brain drain. China is worried about millionaire drain

Manulife Launches New Investment Program for Affluent Investors

We are committed to helping advisors become the advisor of choice to their affluent clients

Atlantic Trust opens Delaware office

"I'm very pleased to announce the opening of our new office in Delaware," said Jack Markwalter

Schroders hits US acquisition trail

The transaction is expected to be completed in the first quarter of 2013.

Target Tomorrow's Star Brokers, Not Yesterday's

According to PriceMetrix Inc., a Toronto-based company that advises U.S. and Canadian brokerage firms, the recruiting criteria that companies typically use could tilt them toward advisers whose best years are behind them.

Wells Fargo Tweaks 2013 Comp Program for Brokers

The wirehouse broker-dealer adjusts one payout level and adds a bonus focused on client acquisitions

Liechtenstein private bank buys Clerestory, moves into real estate

Aiming to offer clients greater access to real estate expertise and investments, the new firm comprises the group's first major step into real estate investment, managing $25bn AUM on behalf of over 300 institutional clients.

MUFG to buy BofA Merrrill Lynch's stake in Japan private banking joint venture

Japan's biggest bank will buy Merrill Lynch's 49 percent stake in Mitsubishi UFJ Merrill Lynch PB Securities Co

Net Worth is Higher, but not Everyone Feels Better Off

More than 60 percent of Millionaires feel that their financial situation has improved over the last year

Millionaires Less Sensitive to Tax Hikes than Non-Millionaires

Millionaires are likely to see bigger tax increases in 2013 than non-Millionaire investors

Gold Grows Cold for Millionaires

Ultra wealthy investors appear highly unlikely to increase their investment in gold in 2013

HSBC Tops In Family Office Assets

Single family offices are not required to register with the U.S. Securities and Exchange Commission.

Mobile millionaires place family and quality of life above business interests - RBC Research

Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy

TD Bank acquisition to boost North American wealth business

TD Bank has been expanding aggressively in retail banking in the U.S. in recent years.

Private Banking Arm Helps Bank of America Boost Profits

Among the banks offering special treatment, for a fee, is Bank of America.

U.S. Bank opens Ascent ultra-high wealth family office

This isn’t for the moderately wealthy. Ascent targets clients with a minimum net worth of $50 million.

Are Wealth Managers Clinging to Old, Ineffective Investment Models?

Wealth managers, as a group, have not grasped the extent to which the financial markets have fundamentally changed in the wake of the 2008-2009 downturn, according to a survey of 130 wealth managers.

Wealth and Asset Management