10/03/2012
Super Rich More Likely To Live In Blue States: Wealth-X
The states with the most multimillionaires have strong political preferences.
Wealth and Asset Management
10/03/2012
Fiera acquires SG Private Banking subsidiary
The acquisition, which is expected to be immediately accretive to earnings, solidifies Fiera's position as one of Canada's fastest growing investment managers, with assets under management of $55 billion.
10/02/2012
Washington Wealth Changes Strategy
"I'm not aware of another firm that offers the same continuum of business models" to help firms as they evolve and grow."
10/02/2012
Wealthy to increase or continue charitable donations
The nationwide survey was conducted by mail from April to August. It is based on responses from 700 U.S. households with a net worth of more than $1 million, excluding the value of their home, and/or annual income of more than $200,000.
09/30/2012
RMB Capital Management Earns Industry Accolades
Co-Founders Named Among Barron’s 2012 “Top 100 Independent Wealth Advisors
09/28/2012
Oregon Pacific Bank Acquires South Valley Bank's Trust Department
"We are delighted with the new relationship with Oregon Pacific Bank," says Diane Dombras, the former South Valley Vice President responsible for the bank's trust department.
09/27/2012
Virtus Wealth Management inks new affilitation
Virtus Wealth Management located in Southlake, TX and EFC Advisors, LLC located in Arlington, TX believe this new affiliation will provide enhanced capabilities and an expanded roster of financial products.
09/27/2012
Study: Affluent Americans Ready to Take On More Risk
Study Finds Many Lowering Debt and Redefining Their Investment Approach
09/27/2012
Wells Fargo to target wealth management, retail and institutional investors
This is for the first time that Wells Fargo is taking assistance from any external PR advisers.
09/27/2012
UBS Confident Wealth Management Americas Can Reach Target
“At the margin, we get the sense that investors are slightly more positive than they were a year ago.”
09/26/2012
Morgan Stanley debuts ad campaign for renamed unit
To introduce the name change, Morgan Stanley this week rolled out an integrated ad campaign
09/26/2012
Wealth management firms handle uncertainty
"There’s an overall higher level of pessimism than average."
09/26/2012
Wells Fargo Q2 net income increases
"Wells Fargo's strong financial results this quarter again reflect the benefit of our diversified business model."
09/24/2012
Over 75 Percent of Ultra-Wealthy Estate Plans Are at Least Three Years Old - RESEARCH
Survey of Single-Family Office Executive Directors Reveals Nearly 95 Percent of Clients Have Experienced Significant Changes Since Estate Plans Were Drawn Up
09/23/2012
Goldman Sachs plays catch-up with hedge fund offering
The new offering, called Hedge Fund Select, is similar to products that other big brokers like Morgan Stanley, Citigroup Inc and Bank of America Corp's Merrill Lynch division have offered for many years.
09/23/2012
Tax hikes a threat to charitable giving, say billionaires
According to a poll of the 150 attendees of the Forbes 400 Summit on Philanthropy, sponsored by Credit Suisse, 56 percent of the billionaires present said that “taxes impact our philanthropic giving.”
09/23/2012
Canaccord Financial announces reduction to Canadian Wealth Management Platform
The consolidation of branches will allow Canaccord to better service its private clients by concentrating its support resources and capital investments in client service activities in its key markets.
09/20/2012
Luxury Institute Ranks Harris Private Bank Among Top U.S. Wealth Management Firms
Harris Private Bank earned a Top Five ranking in the 2012 Luxury Institute Wealth Management Survey, which polled 500 high-net worth Americans with a minimum net worth of $5 million for their thoughts on the quality, exclusivity, social status, and client
09/20/2012
BNY Mellon Wins aiCIO Industry Innovation Award for Asset Management Servicing
BNY Mellon has announced that it has won an Industry Innovation Award for 'Custody-Asset Management Servicing' from aiCIO magazine.
09/20/2012
Montis Financial Launched By Boston Area Wealth Management Veterans
Based in Waltham, Massachusetts, the firm applies an integrated approach to advising on investments, financial planning, and other financial services for intergenerational families.