Managers of Wealth Americas

Moynihan Says Bank Of America Could Save Up To $3 Billion Annually Cutting Costs

It's a leaner, sexier Bank of America...

Gorman Said to Get 25% Pay Cut as Dimon Remains at $23 Million

Dimon’s pay package last year consisted of $1 million in salary, a $5 million cash bonus and $17 million in stock and options. JPMorgan increased his salary in March to $1.5 million.

Morgan Stanley nears British wealth management unit sale

Morgan Stanley is close to selling a British wealth management unit to private equity firm...

New Rules for Investment Advisers: Is Your Family Office Required to Register Under the New Rules?

The SEC’s new family office rules exclude single-family offices from all Advisers Act regulation. It is important to note that multi-family offices are explicitly excluded from the exemption.

Deadlines Loom for Advisers Required to Register under Dodd-Frank or Become an Exempt Reporting Adviser

This change reflects two fundamental alterations of basic regulatory philosophy: a determination that advisers to such funds must register with the Securities and Exchange Commission (the “SEC”) unless covered by a specific exemption from regi

Citadel's main hedge funds clear high-water mark

Hedge funds typically promise investors that they will return to their highest levels after a fall before they can resume charging performance fees, which typically amount to about 20 percent of all gains.

BRIC billionaires 'up by a third since 2007'

Overall, the report found that the total number of billionaires around the world has increased from 1,100 in 2007 to 1,340 today.

Ultra-Wealthy Families Made Tactical, Not Strategic Changes Post-2008

The survey, which was conducted in 2011, involved 40 single-family offices in the U.S. and Europe whose median asset size was $534 million.

Ultra-Wealthy Families Made Tactical, Not Strategic Changes Post-2008

The survey, which was conducted in 2011, involved 40 single-family offices in the U.S. and Europe whose median asset size was $534 million.

Social Media in Wealth Management: The Evolving Role of Social Tools for Superior Customer Experience

The crisis of 2008 and the economic recession following it affected the perception investors have about wealth managers and financial services providers, leading to lower levels of trust. Therefore firms have to be more proactive and dynamic with their cu

Major wealth group’s profits plummet 37pc

The Global Wealth Management Group reported $244 million in pre-tax income for the fourth quarter, down 37% from the $390 million the firm earned in the fourth quarter of 2010. At the same time, its pre-tax income of $1.3 billion for all of 2011 represent

Trinity Fund Administration Expands in New York

The New York office will be primarily a local contact point enabling the firm to better facilitate its North American clients and business partners.

UHNW families move to tighten risk management practices, focus on liquidity - study

That's according to a survey of 40 single family offices in the U.S. and Europe conducted in 2011 by Cambridge Associates, the global provider of independent investment advice and research to institutional and private investors.

The Future For Ex-Bank of America Exec Sallie Krawcheck

In a conversation on the state of the financial industry and global leadership today, Krawcheck shared with her usual humor that she’s “had the most dramatic career” of anyone she knows. With her high-profile departures from both Citi an

Porte Brown Wealth Management Wins Top Awards for 2011

This year, 1st Global partner firms were inspired to discover their next act by world-class speakers. Michael E. Gerber, author of multiple E-Myth books, challenged everyone to start working ON their business not simply IN it. Diana Nyad spoke of her dete

Wealth and Asset Management

Moynihan Says Bank Of America Could Save Up To $3 Billion Annually Cutting Costs

Gorman Said to Get 25% Pay Cut as Dimon Remains at $23 Million

Morgan Stanley nears British wealth management unit sale

New Rules for Investment Advisers: Is Your Family Office Required to Register Under the New Rules?

Deadlines Loom for Advisers Required to Register under Dodd-Frank or Become an Exempt Reporting Adviser

Citadel's main hedge funds clear high-water mark

BRIC billionaires 'up by a third since 2007'

Ultra-Wealthy Families Made Tactical, Not Strategic Changes Post-2008

Ultra-Wealthy Families Made Tactical, Not Strategic Changes Post-2008

Social Media in Wealth Management: The Evolving Role of Social Tools for Superior Customer Experience

Major wealth group’s profits plummet 37pc

Trinity Fund Administration Expands in New York

UHNW families move to tighten risk management practices, focus on liquidity - study

The Future For Ex-Bank of America Exec Sallie Krawcheck

Porte Brown Wealth Management Wins Top Awards for 2011

UK private client wealth management business changes hands

Wells Fargo reports income up, assets down

Over half of single-family offices now using concierge healthcare providers - study

Cornerstone Advisors expands wealth mgmt services

2012 Futurewealth Report: A Customer Revolution