10/28/2014
Nelson & Nelson Wealth Management Joins Commonwealth Financial Network
Nelson & Nelson Wealth Management is an independent financial firm that has been helping clients establish and maintain their long-term financial goals since 1988.
Wealth and Asset Management
10/28/2014
Financial Planning Firm Launches Independent RIA
Combines Access, Service and Technology in Hybrid Model
10/28/2014
Convergent Client Funds Safe After CEO's Apparent Suicide, Chairman Says
Client funds at a $8.6 billion RIA firm are safe following the apparent suicide of the company's CEO, says the firm's chairman, prominent wealth management executive Steve Lockshin.
10/28/2014
Wealthfront Closes A Big New Round As Competitors Crowd The Wealth Management Market
The automated wealth management firms (known as “robo-advisors”) that are bringing algorithmically enhanced services to the stodgy world of retirement planning are gearing up to go Terminator as competition intensifies.
10/28/2014
How Do Heirs Inherit Values Along with the Valuables?
A will and estate plan specifies the distribution of assets; more complex succession planning may include trusts and other structures to be passed to subsequent generations.
10/27/2014
From Life Insurance Agents To Wealth Managers
There was a time when life insurance agents provided life insurance, investment advisors provided money management, accountants did tax work, attorneys did legal work and so on and so forth.
10/26/2014
Top Advisor in Apparent Suicide as Fund Draws Questions
Convergent Wealth Advisors’ David Zier found dead after apparent irregularities are discovered in a fund he ran outside the firm
10/24/2014
AssetMark To Broaden Investment Offering Through Acquisition Of Aris Corporation of America
Aris will operate as a division of AssetMark. Advisors will see Aris as an investment choice alongside the other portfolio strategists offered through AssetMark's innovative investment platform.
10/24/2014
Canadian financial institutions have big advantages when it comes to attracting wealthy investors.
Royal Bank of Canada and its peers are devoting more effort to building private banking franchises everywhere from the U.S. to Asia.
10/23/2014
National wealth management firm enters Houston
Bessemer also intends to deepen relationships with Houston-based attorneys and accountants
10/23/2014
A high-stakes game for the wealthy
Private equity firms are about to become a little more open to the public.
10/22/2014
A high-stakes game for the wealthy
Private equity firms are about to become a little more open to the public.
10/21/2014
David Perdue Has Up To $1 Million Managed By Swiss Private Bank Fund
The fund, Vontobel Non-U.S. Equity LLC, is managed by a subsidiary of the Zurich-based private bank Vontobel to invest in companies that operate primarily outside the United States.
10/20/2014
European asset managers gear up for second act in the US
What has proved less clear, however, is how the Europeans can become household names able to compete with well-known domestic American managers.
10/20/2014
RBC Global Asset Management Announces $50 Million Impact Investing Initiative
The investments are intended to supplement the recently proposed U.S. Treasury program to purchase Risk-Share loans and may help address funding gaps created by the fact that these types of loans are not eligible for Ginnie Mae securitization.
10/17/2014
Bank of America's private wealth management arm hires 26 advisers since August
However, the firm traditionally works with clients who invest $1 million or more in assets
10/16/2014
Imagine a world in which suave private bankers have been replaced by algorithms and mobile phone app
Mobile digital private banking on the move is already a reality.
10/16/2014
Swiss Banks Entering U.S. Client Disclosure Program
The U.S. voluntary disclosure program for Swiss banks to avoid prosecution for fostering tax evasion through cross-border accounts held by U.S. clients divides banks into four categories.
10/14/2014
GenCap Portfolio Management Hires Sanctuary Wealth Services
Portfolio Manager Stephen Bradley Forms New Investment Management Firm
10/14/2014
PwC Wins Partner Innovation Award
By leveraging deep operational and industry experience