03/20/2012
Ultra Wealthy Say It Takes Work Ethic to Get Rich, Innovation to Stay There
Wealthy Agree on Importance of Innovation, Differ on Where It Should Come From
Wealth and Asset Management
03/16/2012
America is being transformed from a wealthy nation into a poor nation
Most of them are completely unaware that America is being transformed from a wealthy nation into a poor nation at breathtaking speed.
03/14/2012
Sterne Agee Expands Private Client Group
Sterne, Agee & Leach, Inc., one of the oldest and largest privately-owned investment banking firms in the country, has expanded its Private Client Group with the addition of an investment office in Chicago.
03/14/2012
UBS Wealth Management Americas launches the Wealth Management Research Advisory Board
Representing a major milestone in the evolution of WMR's Chief Investment Strategist function, the move underscores the commitment of UBS Wealth Management Americas to helping its clients reach their goals by delivering the best research from the sma
03/13/2012
Why We Need a Surtax on the Super Wealthy
A few days ago the Fed reported that household wealth increased from October through December. That’s the first gain in three quarters.
03/13/2012
American Billionaires And Their Private Company Fortunes
The top 20 private companies produce a total of 23 billionaires, but you can find billionaires throughout the list of private companies.
03/13/2012
The Billionaire List Wars
Last week, Bloomberg announced the creation of a Billionaires Index. Updated daily at 5:30 p.m., the list would track, in more or less real time, the wealth of the world’s 20 richest people.
03/13/2012
Poll: Most rich Americans say U.S. still in recession
Some 55% think the economy won't fully recover until 2013 or later, and 14% say the recession will never end.
03/13/2012
Morgan Stanley Team Goes Hybrid via LPL
A team of Morgan Stanley Smith Barney advisers that generated $2 million of revenue last year has started an independent investment advisory firm
03/13/2012
Edelman Financial Group Reports Fourth Quarter Earnings
The Edelman Financial Group is a wealth management company that manages approximately $16.3 billion in client assets.
03/12/2012
Women can save Wall St.
The bank collapsed in 2008, sending the economy spiralling.
03/12/2012
Webster Bank aims at millionaire depositors
Individuals, businesses, and nonprofits with net worth of $1 million or more are eligible to enroll in Webster Private Bank, Webster said Thursday. The bank did not say what it will charge them.
03/12/2012
Southern Trust Securities Opens Chicago Office
A financial services holding company offering broker-dealer, investment banking, and investment advisory and wealth management services
03/12/2012
Leading US private bank opens new trust company
Prior to joining First Republic, he worked at Goldman Sachs Trust Company and Neuberger Berman Trust Company.
03/09/2012
Corporate CEOs Embrace Tax Hike Plans Rejected By Paul Ryan
The report also commends the plan issued by the bipartisan Simpson-Bowles deficit reduction panel and a more tax-hike-focused plan developed by former Federal Reserve Vice Chairman Alice Rivlin and former Sen. Pete Domenici (R-N.M.).
03/09/2012
American Express and Morgan Stanley announce new co-brand cards created for brokerage clients
The new Cards offer exclusive benefits for Morgan Stanley Smith Barney clients with eligible brokerage accounts1 and access to American Express’ award-winning customer service and Membership Rewards® program.
03/09/2012
MVB Bank launches wealth management solutions unit
MVB's Wealth Management Solutions advisors provide a comprehensive approach that integrates financial planning, portfolio management and other investment instruments.
03/09/2012
Webster Bank moves to cater to wealthy clients
Webster Private Bank offers customized one-stop, full service financial solutions and is a natural extension of Webster's longtime mission--- to help customers reach their financial goals.
03/09/2012
Atlantic Trust recognized as industry leader for private client investment platform
PAM annually invites firms to compete for awards in several categories, and then a panel of independent industry experts selects the nominees and winners
03/09/2012
Family Office Exchange Executive to Speak on the Challenges of Shared Family Wealth
Nichols, who has conducted research and written extensively on the challenges unique to business-owning families, will discuss the ownership challenges of shared family wealth in her presentation "Understanding High Net Worth Clients."