06/25/2014
To gain a competitive edge, advisors pursuing clients among ultra-wealthy individuals and families are using an array of sophisticated techniques designed to build engagement with existing clients and garner interest from new ones.
06/24/2014
The majority of wealthy Americans claim to be self-made, but the next generation will gain significant riches from inheritance as some $15 trillion in assets pass down family trees over the next 20 years.
06/24/2014
About 15 percent say they sometimes check their messages, while only 3 percent say they never check them
06/24/2014
U.S. and European banks have been seeking to boost their wealth businesses in Asia
06/23/2014
This week at the Reuters Global Wealth Summit, "transparency" and "fees" were among the most popular words spoken by top wealth and asset management executives.
06/23/2014
UBS Americas today unveiled a $10 million, five-year commitment to establish a new education platform for improving college success among under-resourced populations.
06/19/2014
Global super-rich on the march as personal fortunes swell
Nearly Two Million Individuals Join High Net Worth Ranks As Wealth Levels Reach Another Record High: World Wealth Report 2014
06/19/2014
Bank of America Corp is seeding its investment banking teams with financial advisers from its wealth management businesses in the hope that banking clients will give them personal money to manage,
06/19/2014
Cantor Fitzgerald Wealth Unit Lures Merrill Vet
Cantor last year started offering wealth advice for individual investors
06/18/2014
We believe Expanded Distribution Reflects Investor Interest in Actively Managed Country and Sector Rotation ETFs Focused on Managing Risk and Preserving Wealth
06/18/2014
WE Family Offices Adds to Investment Committee
“Together with Jean Brunel and our firm’s personnel serving on the Committee, Alex and Walter bring unique external perspectives that will add tremendous value in our work with clients.”
06/18/2014
When Bad Wealth Management Happens To Good People
Robust bootlegging operations in America between 1920 and 1933 provided easy cash for those willing to operate outside of the law.
06/18/2014
BNP Paribas SA, the French bank facing a potential $10 billion U.S. penalty over its dealings with sanctioned countries, said it’s sticking with a plan to expand its BancWest division.
06/18/2014
The San Francisco-based pioneer of low-commission brokerage has been on a campaign in recent years to offer advice and fee-based accounts to clients with more than $250,000, similar to the strategy increasingly used by the four big firms, known as wirehou
06/18/2014
Guernsey's funds industry has been showcased to some of the leading private equity managers and advisers in the US.
06/16/2014
An experiment in which computer 'monkeys' picked random stocks has produced better results than stock market trackers
06/16/2014
I don't pooh-pooh higher education, but you certainly learn more on the job
06/16/2014
Remo considers Heritage Wealth Advisors an anomaly in the industry
06/16/2014
When wealth manager Don Garman gave a pitch recently to a prospective client with about $32 million to invest, he mentioned his credentials: certified financial planner and certified investment management analyst.
06/16/2014
When James Gorman joined Morgan Stanley in 2006 to run its wealth management business, he told brokers in his maiden address that they should work in teams.