03/06/2012
The team manages more than $1.4 billion for approximately 50 clients, including families, foundations, endowments, unions and pension plans and joins HighTower from the Merrill Lynch Private Banking and Investment Group in New York.
03/05/2012
In 2009, Fisher, whose 33-year-old firm is based in Woodside, Calif., broke ground on a second campus in Camas, Wash.
03/02/2012
Maxim Group LLC Establishes New Florida Branch
Prior to joining Maxim Group, Mr. Moquist was at Noble Financial Capital Markets for 13 years and served as Director of Institutional Sales since 2003.
03/02/2012
Private banks chase Asia’s ultra rich
Bay Area banks are rolling out the red carpet for Asian money coming to the United States.
03/02/2012
The keynote speaker for the New York conference will be Professor K C Chan, Secretary for Financial Services and the Treasury of the Hong Kong Government.
03/01/2012
The SMICI, which measures monthly the confidence level of financial decision-makers in households that have $500,000 or more in investable assets, rose 6 points in February to a positive 4, which Spectrem said was its highest level since May 2011.
03/01/2012
RBC raises dividend as profit tops estimates
Royal Bank of Canada's quarterly earnings fell 6 percent as a drop in capital markets profit overshadowed strong retail lending, but the company also announced a surprise dividend increase.
02/29/2012
The Most Philanthropic Companies On Wall Street
Although major banking corporation Goldman Sachs has come under increasing fire for slashing its philanthropic donations significantly in 2011, it should be remembered that the firm has stood as one of the leading lights in charitable giving over recent y
02/28/2012
Wells Fargo To Expand Wealth Management, Insurance Operations Report
He said that of the assets being purchased from European banks, they consist almost entirely of U.S. loans, the FT reported.
02/28/2012
Aspiriant bags top industry accolade
Aspiriant was recognized as the top private wealth management firm, among those with more than $5 billion in assets under management, for unparalleled service to high-net worth clients and an innovative holistic approach to wealth management.
02/28/2012
BNY Mellon earned top rankings
BNY Mellon Scores Firsts for Research, Hedge Funds and Asian Support in Global Investor Magazine's 2012 Foreign Exchange Service Provider Rankings
02/28/2012
Management Buyout For Wells Fargo Hedge Fund
Wells Fargo will keep a minority stake in the $2.2 billion hedge fund, set up two years ago to house a proprietary trading group.
02/28/2012
Deutsche Bank is entering exclusive talks with U.S. money manager Guggenheim Partners to sell the German lender’s asset-management divisions, said two people with knowledge of the matter.
02/27/2012
Expats Lobby For Tax on Residence, Not Worldwide Income
In fact, dual citizens of the U.S. and Canada seem positively outraged. See Oh Canada! Hating FBARs And FATCA.
02/26/2012
The evaluation process assesses 20 categories of practice management, which include areas such as customer service, risk/investment planning philosophy, credentials, team dynamics, fee/cost structure, and average AUM per client among other areas.
02/26/2012
Redrock Wealth launches fixed fee investment advisor service
The Portfolio Architect services range from a “fresh start” risk profiling and asset allocation analysis, to a complete investment portfolio review and fiduciary analytical service. Core services incorporate specific no-load mutual fund and ET
02/26/2012
Asset management firm loses largest customer
She would not comment on the reason for Manulife’s decision. Nor would she reveal the precise financial impact losing the client has on the 30-year-old firm that handles Matrix’s institutional and high-yield client base.
02/24/2012
Crescent Wealth partners with US fund manager
Australian Islamic fund manager Crescent Wealth has partnered with US Islamic fund manager Saturna Capital to manage its soon to be launched international equity fund.
02/24/2012
Chinese Millionaires Are Immigrating To The US In Huge Numbers
Ever since Deng Xiaoping opened Chinese doors to the world decades ago, the US has forged an important, if sometimes politically contentious, business relationship with China.
02/24/2012
Canada’s biggest bank might be getting even bigger
RBC said to be close to Dexia venture buyout