11/25/2011
The rich: Exactly what does the terminology mean?
In his book Richistan, Wall Street Journal reporter Robert Frank concluded that "people's definition of rich is subjective and is usually twice their current net worth".
Wealth and Asset Management
11/24/2011
MF Global placed in hot seat for firm's collapse
Jon Corzine, who has not spoken publicly since resigning on 4 November, has been asked to appear before the house oversight and investigations sub-committee on 15 December.
11/22/2011
SEC-registered investment advisor expands product portfolio
SEC-registered investment advisor expands product portfolio
11/22/2011
State Street releases new white paper on tax management
State Street releases new white paper on tax management
11/21/2011
Private banks move to win back super-rich clients
Private banks move to win back super-rich clients
11/18/2011
Single family office exemption from registration as investment adviser
Single family office exemption from registration as investment adviser
11/17/2011
US-based asset manager may exit fund house
The asset manager protested the appointment of an IAS officer as the firm's chairman
11/17/2011
New fund to promote innovation in philanthropy
Said fund would reportedly be within the $10-million range
11/16/2011
58 members of Congress among wealthy 1%
Reports state around 11pc of Congress have net worth of roughly $9m
11/11/2011
Number of super rich in North America to outnumber APAC until 2032 - study
The new report utilized a new method that shows the distribution of HNWIs by region and country
11/10/2011
UBS to close US asset-backed securities unit - report
The closure comes five months after the firm appointed a star banker to run the operations.
11/10/2011
Private wealth firm becomes Focus partner
Sapient is the fourth partner to join Focus and the 8th deal (including sub-acquisitions) made by the firm in 2011.
11/09/2011
Wells Fargo moves to serve the REIT sector
Wells Fargo moves to serve the REIT sector
10/28/2011
Pershing introduces new asset management account
The new product replaces Pershing's ProCash Plus®.
10/27/2011
How the 1% got richer, while the 99% got poorer
Simply put, the CBO report shows that over the last quarter century (1979 to 2007, to be exact), the top 1% of income earners enjoyed far, far bigger real income gains than the other 99%.
10/27/2011
Pershing enhances trust network
Pershing enhances trust network
10/25/2011
Northwest Asset Management Opens Portland Office
Northwest Asset Management Opens Portland Office
10/21/2011
World's Richest Man Carlos Slim Helu Worth Nearly $11 Billion Less Than In February
World's Richest Man Carlos Slim Helu Worth Nearly $11 Billion Less Than In February
10/20/2011
Atlanta has 960 ultra-high net worth residents
Atlanta has 960 ultra-high net worth residents
10/20/2011
Who is the 'one percent' rich in USA?
Who is the 'one percent' rich in USA?