12/04/2013
RBC Global Asset Management announces November sales results for RBC funds
Sales of equity solutions have rebounded and strong flows continued into balanced solutions, while the demand for income-generating solutions remained strong.
Wealth and Asset Management
12/03/2013
RIAs Grew 8%, Other Advisory Channels Declined by More Than 1% between 2004 and 2012
"The RIA channel has been one of the most buzz-worthy trends in the financial advisory and asset management industry in recent years," states Bing Waldert, director at Cerulli. "RIAs are the sole growth story in a shrinking industry."
12/03/2013
Morgan Stanley Amps Up Lending to Boost Wealth Margins
Morgan Stanley's brokerage business historically focused on helping clients invest in stocks and bonds
12/03/2013
Gibraltar Private Bank & Trust Voted #1 Best Private Bank Second Year in a Row
Gibraltar Private Bank & Trust, an integrated private banking and wealth management company, has been named Best Private Bank for the second year in a row by Daily Business Review's "Best of 2013."
12/03/2013
UBS Celebrates Long Term Partnership with Art Basel
UBS announced today that the firm will assume the new role of Global Lead Partner of Art Basel
12/02/2013
Do Affluent Investors Get "Wealth Management"?
While two-thirds of Affluent investors overall say they are familiar with the term, there emerges a gap in understanding across net worth and gender
12/02/2013
Investment Plans of Baby Boomers and Gen X Investors
A majority of Boomers and Gen X investors with a net worth over $1 million plan to invest in equities.
12/02/2013
Edward Jones Ranks No. 1 In National Survey Of Financial Advisors
REP. magazine randomly selects financial advisors nationwide and asks them to rank their firms in various categories.
12/02/2013
UBS Targets Wealthy with Higher Adviser Pay, More Planning
The traditional grid that defines payments based on annual production will change to reflect broader ranges of in commissions and fees, although the overall pay in the grid won't change.
12/01/2013
Mariner Wealth Advisors Welcomes RR Advisory Group
New partnership will provide clients with access to enhanced wealth management services, technology and resources
12/01/2013
RBC Global Asset Management implements fee reduction on two funds
RBC Global Asset Management Inc. announced fee reductions for the Access Capital Community Investment Fund and the RBC SMID Cap Growth Fund
11/27/2013
Timbercreek U.S. Multi-Residential Opportunity Fund #1 acquires a 296 unit property in Orlando, Florida
This acquisition represents the 7th property acquired since the completion of the Fund's initial public offering on October 25, 2012
11/27/2013
Study Shows Affluent Floridians Give an Average $6,627 to Charity
The study also found that they will be designating 7 percent of their estates to charitable causes in their wills
11/26/2013
Wealth-X Announces Digital News Publication And Editorial Team
This unique publication will provide daily analysis on the fluctuations of the assets of the ultra wealthy by tracking initial public offerings, mergers and acquisitions, inheritance and succession, divorce and marriage, property sales and other large liq
11/26/2013
CI Investments announces appointment of Cambridge Global Asset Management and other changes to two dividend mandates
The group has achieved strong results in managing its funds, which include equity, income and dividend funds.
11/25/2013
Antwerp Diamond Bank plans to close its office in New York
The European Union regulator in Brussels appointed a trustee to supervise the divestment along with KBC and the closure was declared to clients last week.
11/24/2013
Raymond James Announces Woman of Distinction Award Winners
Thirteen advisors recognized as Women of Distinction by the Raymond James Network for Women Advisors
11/24/2013
HighTower Grows New York Headquarters With LCK Wealth Management
This is the third advisor team HighTower has transitioned in as many weeks.
11/24/2013
For Registered Investment Advisers, Alternatives Go In-House
The shift to managing strategies directly in-house has proved easier for some firms than for others.
11/22/2013
High Net Worth Millennials: Investing and Loving It
High Net Worth Millennial investors are nothing if not gung-ho about investing, confident in their investment acumen, and upbeat about their financial futures, according to a Spectrem’s Millionaire Corner study.