05/09/2012
The report says that – to capture pre-financial crisis levels – private banks need to expand their focus beyond the ultra-wealthy clients to serve so-called “core millionaires”, who are expected to generate 80 per cent of net new r
05/09/2012
This is after a slew of international treaties and other aims to prevent the super-rich from stashing their wealth in other countries to avoid paying taxes on it.
05/09/2012
Warren Buffett Calls for 90% Billionaire Wealth Tax (Satire)
Buffett and Munger have avoided paying taxes by keeping much of their wealth tied up in unsold Berkshire Hathaway shares that have risen in value and made them wealthy men.
05/09/2012
The days of the blockbuster deal in the banking sector are over.
05/08/2012
The institutional-level approach also connects individual investors to a wider variety of sophisticated products and investment opportunities.
05/07/2012
Baird’s financial advisor force totals almost 700 following the hiring of more than 250 financial advisors and branch managers since 2009.
05/04/2012
Swiss private bank appoints new head for unit advising US clients
He joins from ABN Amro, where he headed up the research unit for the Asia-Pacific region, and its investment advisory activities.
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.