04/02/2012
Amid the incessant drumbeats of protesters and strident manifestos upon resignation, amid the debates over the Volcker rule and the Buffett tax, the words of Charles Merrill serve to remind the financial community of the quiet power of doing well by doing
04/02/2012
Raymond James Financial announced today that it has completed its acquisition of Morgan Keegan, creating one of the country’s largest full-service wealth management and capital markets firms not headquartered on Wall Street.
04/02/2012
Wells Fargo combining wealth-management units
Wells Fargo officially launched its Abbot Downing brand today to serve ultra high net worth clients, their foundations and endowments.
03/30/2012
According to the Money Across Generations II SM study, this hasn't necessarily prompted the adult children of boomers (predominantly members of Gen X and Gen Y) to feel any more confident about their financial future than their parents - but maybe
03/30/2012
While the high-net-worth market share of wirehouses slipped to 45% from a peak of 56% in 2007, and is projected to fall to 42% by 2014, both of the industry segments with which wirehouses compete in this space—traditional private client groups and m
03/30/2012
As returns dwindle and financial markets lurch from crisis to crisis, more investors are focusing on how much they are paying for financial advice and products that aren't living up to expectations.
03/30/2012
The circular relating to the Annual General Meeting will be sent to shareholders with the Annual Financial Report or the Annual Review and Summary Financial Statements.
03/29/2012
So what’s the biggest take-away for asset managers in the wealth management space?
03/29/2012
Societe Generale Private Banking and Forbes Insights analyse global wealth and family ties
The study analyses over 1,200 of the world’s largest fortunes with a minimum net worth of 210 million US dollars, in 12 countries or regions: Brazil, China, France, Germany, Hong Kong, India, Mexico, the Middle East, Russia, Singapore, the United Ki
03/28/2012
Firm appoints experienced wealth management professional to lead expansion into Texas
03/28/2012
Back in 2010, Financial Planning featured Wong Ulrich on its cover with a story she authored about the changing face of financial planners. In the piece she argued that more planners of color are needed to serve the growing ranks of wealthy minorities.
03/28/2012
The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.
03/28/2012
The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.
03/26/2012
UBS AG, the Zurich-based investment bank, shifted leadership roles within its wealth-management Americas unit, according to a memo today from Americas Chief Executive Officer Robert McCann.
03/26/2012
Morgan Stanley is interested in buying all of Citigroup Inc's stake in their wealth management joint venture this year in what could be a roughly $10 billion deal, said people familiar with Morgan Stanley management's thinking.
03/26/2012
The firm also plans to help its plan sponsors educate participants on the 401(k) and defined benefit plans they participate in.
03/23/2012
Bleak Outlook Creates Investor InertiaThe survey, conducted between February 9 and 12 of this year, found that worries about the markets and the economy are leading investors to delay making investing or planning decisions.
03/23/2012
He comes to the firm from Bank of America's U.S. Trust unit, where he advised on $1.5 billion in wealth for approximately 100 large families and institutional clients.
03/23/2012
He has nearly 30 years of experience in the financial services industry.
03/23/2012
The investment-banking and wealth-management firm said total client assets under administration rose 2.8% from January and were up 5.9% from a year earlier.