05/04/2012
Credit Suisse Group AG's Private Banking Americas unit is on track to boost its relationship manager headcount by roughly 20% over the next three to four years and is weighing new office openings in the U.S. as part of a continuing push to capture mo
05/03/2012
The annual World Wealth Report and the Asia-Pacific Wealth Report are the global benchmarks for tracking HNWIs and cover HNWI market sizing with a review of global economic drivers, HNWI investing behaviors and asset performance trends. The reports are su
05/03/2012
Joining Mr. Horan at CPC were four experienced fixed income investment professionals. Chilton Trust, together with CPC, currently manages approximately $5 billion in assets.
05/03/2012
Long-term funds had net sales of $752 million and money market funds had net redemptions of $154 million. Assets under management were unchanged.
05/02/2012
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.
05/01/2012
First Republic’s Post Office Square location will provide lending, deposit and wealth management services to individuals, businesses, foundations and nonprofits.
05/01/2012
He will serve as the senior trust officer and brings a valuable legacy of counsel in sales, services and management at all levels of trust, private banking and wealth management.
05/01/2012
Jamie Dimon's $23.1 million paycheck is OK, but he should not be both chairman and CEO of JPMorgan Chase & Co, an adviser to institutional investors said on Monday.
04/30/2012
Even as more and more older Americans seek advice on bolstering their nest eggs, advisers themselves are looking to head off into the sunset.
04/27/2012
An ongoing emphasis on building long-term fiduciary relationships with clients helps the nation's No. 1 wealth management brand achieve positive growth for 20th consecutive quarter*
04/27/2012
Exencial, like its predecessors, provides senior corporate executives, entrepreneurs, families and institutions objective analysis and recommendations based on clients' particular financial needs and goals.
04/27/2012
From the start of the project in 2009, SG Private Wealth Advisors has overseen all elements of the design, construction, and commissioning process for Arianna, including the facilitation of a $13,500,000 USD yacht construction loan.
04/27/2012
The average estimate of five analysts surveyed by Bloomberg was for adjusted earnings of 33 cents a share. Expenses at the firm’s investment banking business climbed to $77.5 million from $61.7 million.
04/27/2012
For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.
04/27/2012
For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.
04/26/2012
The deal, expected to close on June 30, would be one of the biggest mergers in the registered investment advisory sector, which caters to the fee-based, rather than commission-based, side of the wealth management industry.
04/26/2012
Rasmussen, 46, also a former CEO of Royal Bank of Canada (RY)’s RBC Direct Investing business, will be chairman of the new company, he said in an interview today.
04/26/2012
The recommendation reduces the chances that shareholders will rebuke bank officials over pay as happened last week in an advisory vote at the annual meeting of Citigroup Inc.
04/26/2012
On a year-over-year basis, GAAP Net Income Attributable to the Company increased from a GAAP net loss of $149 thousand in the first quarter of 2011. Earnings per share increased from a per share loss of $0.01 for the first quarter of 2011.
04/24/2012
The Atlanta-based asset management company wants to sell Atlantic Trust Private Wealth Management, which has $18 billion in assets under management, because it is not core to its business, three of the sources said.