Managers of Wealth Americas

Raymond James managed assets up 29% in April

Raymond James completed its acquisition of regional brokerage Morgan Keegan from Regions Financial Corp.(RF) in April in an effort to boost its assets and scale.

Raymond James CEO says recruiting is brisk

Many of those recruits came from top U.S. brokerages, including Morgan Stanley Smith Barney, Wells Fargo Advisors and Bank of America's Merrill Lynch.

US ranks No. 1 in wealth, not in happiness

Those are among the findings of an updated study of well-being released Tuesday by the Organisation for Economic Co-operation and Development, which promotes economic and social satisfaction.

Sterling Capital inks deal with Adhesion Wealth Advisor Solutions

Adhesion's Customizable Investment Platform and High-Touch Service Enables Sterling's Advisors to Grow and Better Service a Diverse Client Base

Anarchists, Cops, the Super Rich -- It's New York 100 Years Ago

I actually think there may be three or four cycles that bear resemblance to the wild ride of 1914. And perhaps more important than the eerie sense of déjà vu is Jones' instructive analysis of the different social forces behind the main

Citi Private Bank announces new Northeast region office

The Greenville team will be led by Barbara McCollum, southeastern Pennsylvania and Delaware region executive, and Bob Rosenberg, managing director and ultra high net worth private banker.

Secrets To Multi-Million Dollar Success: Knowing When To Fire Clients

Kelly Rigas, first vice president and financial advisor in the Private Client Group at RBC Wealth, says she regularly practices this a game with her team that she politely calls “Client Transition Friday.”

Opening the Spigot for the Heirs

That's a shame, because things didn't have to get so bitter. Even with rates low, there are some ways for trusts to produce steady, decent-sized payments.

Merrill Lynch private banking opens Palo Alto office to reach tech wealth

The new office at 3075 Hansen Way has about 16 Merrill Lynch staff catering to the unique needs of Silicon Valley's wealthy investors and employees whoe tend to be younger and more entrepreneurial than Merrill Lynch's more traditional clients in

Bahraini female pride: Which Arab women made Forbes' list?

It initially had a total of 219 women, who were shortlisted to 100, according to a statement issued by Forbes. It lists 29 women from the banking sector, 18 from manufacturing, 16 in investment, 14 from services with the insurance sector having eight.

Why Foreign Banks Are Shunning American Millionaires

The 2010 law, to be phased in starting on Jan. 1, 2013, will mean additional compliance costs for banks and fewer investment options for U.S. citizens living abroad.

Why is Facebook co-founder now in Singapore?

Saverin's spokesman denies the move was done for tax reasons.

No Country for Rich Men

Saverin has plenty of company. The number of Americans who formally renounced their U.S. citizenship soared to 1,780 last year from 235 in 2008.

Should the Super Rich Be Richer?

In the past few days, the fight was just sparked in a very interesting direction by TED censoring one of its own talks about U.S. inequality and publicity for the soon-to-be-published book by Mitt Romney's former right-hand man at Bain Capital, Edwar

Nearly 80 Percent Of Financial Advisors Are Interested In Multifamily Office Model - Research

The Rothstein Kass Family Office Group have announced the release of “The Family Office Model: A Smart Move for the Financial Advisor?” a comprehensive study examining how traditional financial advisors are confronting the growing demand for f

New FOX Workshop to Help Private Investors Improve their Wealth Management Process

Family Office Exchange has announced a new workshop for families with more than $20 million in investable assets who need to establish formalized processes for managing their wealth.

Bank Of Montreal Looks To Singapore For Wealth Operations

The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.

Barclays expands its wealth and investment mgmt team in New York

Mark Leyton joins Barclays as a Managing Director from Deutsche Bank's Private Wealth Management division.

Ultra-Wealthy Will Transfer $27 Trillion by 2050

Most next-generation respondents (79%) consider “being a good steward” of their families’ wealth very important, and the survey found many wished for more involvement.

RBC, Credit Suisse among bidders for BofA wealth units

The deal would be the biggest in the wealth management industry since ING Group sold its private banking assets in Europe and Asia in 2010

Wealth and Asset Management