09/20/2012
Wealthy Investors Prefer Boutiques Over Larger Wall Street Firms: Study
Reputation for honesty and first-class service advantage smaller wealth managers
09/20/2012
Reputation for honesty and first-class service advantage smaller wealth managers
09/18/2012
Eleven more wealthy families and individuals have joined Bill Gates and Warren Buffett in promising to give away at least half of their wealth.
09/17/2012
“We have lost a great friend and partner,” Brown Advisory CEO Michael D. Hankin emailed his staff on Saturday.
09/17/2012
Today, Allianz unveiled the third edition of its "Global Wealth Report", which puts the asset and debt situation of private households in more than 50 countries under the microscope.
09/16/2012
The report, titled Capturing Growth in Adverse Times: Global Asset Management 2012, provides the findings of BCG's tenth annual study of the worldwide asset-management industry.
09/16/2012
RBC has also made a number of leadership changes recently to reflect those priorities.
09/16/2012
The bank's Commercial, Domestic Wealth Management and International Wealth Management representatives will provide a range of financial products.
09/16/2012
Wealth-X has launched the latest edition of its World Ultra Wealth Report.
09/16/2012
For the first time, Credit Suisse employees will be told before their names are disclosed to U.S. officials, a bank spokesman said, after previous transfers of information by banks drew criticism.
09/16/2012
Citigroup Inc.’s $4.7 billion pretax writedown of its Morgan Stanley Smith Barney stake probably won’t reduce a profit-sharing plan’s award for Chief Executive Officer Vikram Pandit that could total $24 million.
09/13/2012
Millionaires are most likely to seek the services of a full-service broker, but those at the very top of the wealth pyramid are looking for different types of advice, according to the latest Millionaire Corner study, $25 Million Plus Investor 2012.
09/12/2012
Germany’s oldest privately owned bank is seeking to add sales staff to its two-strong New York office, as the head of its UK operations suggested that US investors could return to European equities “very quickly” in the right conditions.
09/12/2012
Infovest21’s family office/foundation survey explores single family office, multiple family office and foundations’ views of hedge funds and funds of funds.
09/12/2012
Credit Suisse could see clients in western Europe withdraw up to a net $37 billion in the next few years as Switzerland bows to pressure to stop foreigners using secret offshore accounts to evade taxes.
09/11/2012
The 74-year-old firm renews its office lease with Central Park views, a terrace, a Fifth Avenue address and a triple-digit asking rent.
09/11/2012
France’s biggest bank, embarked on a five-year plan to expand services to affluent U.S. clients as the company looks to businesses beyond its core European market for growth.
09/10/2012
That trend is happening for two reasons: Not only are the rich getting richer, but the middle class is also getting poorer.
09/09/2012
In 2011, fewer than 1% of advisors in the United States received the Premier Advisor designation.
09/09/2012
There's a hot new trend coming out of family and wealth management offices around the country.
09/09/2012
JPMorgan Chase & Co. (JPM), the biggest U.S. bank by assets, is considering cutting 2012 bonuses for senior managers including Chief Executive Officer Jamie Dimon, according to the Wall Street Journal.