09/23/2011
New Name for Merged Lowry Hill, Wells Fargo Family Wealth
The joint firm—Abbot Downing, A Wells Fargo Business—will have a $50 million minimum family net worth for clients and manage about $30 billion in assets.
Wealth and Asset Management
09/23/2011
Wealth manager faces new challenge: bankruptcy
The personal bankruptcy filing in U.S. Bankruptcy Court leaves the 52-year-old investment manager and self-described “serial entrepreneur” now wondering what his next move will be
09/23/2011
Meet The World's Richest Billionaire Hedge Fund Managers
The 30th annual Forbes 400 list of billionaires is out.
09/23/2011
UBS cutting up to 10 percent of advisory arm
UBS is cutting back its investment banking division (IBD) representing between 5 and 10 percent of the jobs within the Swiss bank's advisory arm, several UBS bankers said.
09/22/2011
Who’s Your Rainmaker? Some Wealth Managers Use Business Development Teams
Who’s Your Rainmaker? Some Wealth Managers Use Business Development Teams
09/22/2011
State Street agrees Pulse Trading acquisition
State Street agrees Pulse Trading acquisition
09/20/2011
Private Client Resources enters into strategic partnership with HiddenLevers
Private Client Resources enters into strategic partnership with HiddenLevers
09/19/2011
MAMC named premier advisory firm by NABCAP
McLean Asset Management Corporation (MAMC), which provides wealth management and investment management services to individuals, families and institutions, has announced it has been selected by the NABCAP as one of the premier wealth managers in the Greate
09/16/2011
PINC wealth management unit merged with Fullerton
Temasek-backed Fullerton Securities has merged the 200-member wealth management division of Mumbai-based Pioneer Investcorp (PINC), a financial services company listed on the Bombay Stock Exchange.
09/16/2011
Chase Private Client to open 7 NYC offices for affluent clients
By the end of 2011, Chase Private Client expects to have a presence in more than 250 locations, and by 2013, it anticipates a presence in almost 1,000 locations.
09/16/2011
HSBC lifts gold price forecast
HSBC lifted its 2012 gold price forecast to $2,025 an ounce from $1,625 previously, while GFMS said it could “easily” see gold spiking through $2,000 an ounce by the end of this year.
09/15/2011
Goldman team forms San Francisco wealth boutique
Three senior Goldman Sachs Private Wealth Management advisers left the bank earlier this month to form an independent San Francisco boutique, Seven Post Investment Office LP.
09/15/2011
Do Taxes on the Rich Raise More Revenue?
The debate over taxing the rich in the U.S. seems to center on “fairness” – who pays too much or too little.
09/14/2011
Caryle Group’s Stake in Avalon Highlights Hot Texas Wealth Management Market
Caryle Group’s Stake in Avalon Highlights Hot Texas Wealth Management Market
09/13/2011
Signature Bank named Best Private Bank
Signature Bank was named in both the Best Business Bank and Best Private Bank categories of the New York Law Journal's second annual survey and rankings. Signature Bank ranked third in the Best Business Bank listing and second for Best Private Bank.
09/12/2011
Krawcheck seen bidding final adieu to Wall Street
Don't expect to see Sallie Krawcheck at the helm of another Wall Street bank.
09/12/2011
Wealth manager ups the ante for clients
Doggone, it's tough all over...
09/12/2011
US probing Liechtenstein bank over allegedly helping wealthy tax dodgers
Federal prosecutors in New York are building a criminal-fraud case against Liechtenstein's oldest bank
09/09/2011
Left behind in America: Who's to blame for the wealth divide?
Left behind in America: Who's to blame for the wealth divide?
09/09/2011
How Today's Field Measures Up To The 10 Richest U.S. Presidents
How Today's Field Measures Up To The 10 Richest U.S. Presidents