12/26/2011
Merrill’s 2012 Pay To Drive Advisers To Richer Clients
Merrill Lynch’s 2012 pay plan for advisers drives home an important message: focus on richer clients.
Wealth and Asset Management
12/26/2011
Brevan Howard Paid 128.3 Million Pounds to Partners
Brevan Howard’s bearish view has been proven right this year, leading to a 12.6 percent gain for the Master fund in the 11 months through November.
12/26/2011
Harvard Billionaires
Did you know that the Ivy League university produces the most billionaires?
12/23/2011
Northern Trust names new tax strategist
A 26-year veteran in estate planning, tax law and fiduciary administration, was a partner at Chapman and Cutler LLP where she led the firm's Trusts and Estates Practice Group
12/20/2011
Manning Wealth Management expands team
Well known in Coronado for her passion in working with families, Jane has relationships with multi-generations and families in articulating financial goals as well as helping clients define their legacy planning and charitable intent,” Manning said.
12/19/2011
US wealth firm reaches 25-year milestone
Paragon Wealth Management, originally called The Center for Financial Excellence, celebrated 25 years of business this month.
12/16/2011
Top US firm to acquire Lehman's remaining equity interest
The terms of the transaction will generate approximately $1.5 billion in aggregate proceeds -- almost double what would have been generated by an offer received in 2008.
12/16/2011
Revealed: huge increase in executive pay for America's top bosses
Exclusive survey shows America's CEOs enjoyed pay hikes of up to 40% last year – with one chief executive earning $145m
12/16/2011
Wells Fargo to acquire top investment boutique
EverKey Global Partners was established in December 2007 by Jeff Everett, formerly president and chief investment officer of Templeton Global Advisors Limited. In this role, Mr. Everett had responsibility for all portfolio management activities for all fu
12/09/2011
US banks in UK to snub calls to chop bonuses
Analysts expect Goldman Sachs will distribute around 43 per cent of revenues in pay and bonuses to staff, up from 39 per cent last year, while Morgan Stanley will splash out almost 50 per cent.
12/09/2011
US wealth firm selected for "Atlanta's Top 10 NAPFA Fee-Only Investment Advisers"
Announcing a special recognition appearing in the November 2011 issue of Atlanta Business Chronicle published by American City Business Journals, Gratus Capital Management was selected for the following honor: "Atlanta's Top 10 NAPFA Fee-Only In
12/07/2011
Super Rich vs. 99%: Class war will explode
Luntz is a conservative pollster so he’s making it all about politics.
12/07/2011
America's super-rich fall to Earth
And many of the super-rich in the first American boom of the 21st century have also come down to Earth.
12/07/2011
US wealth firm forms strategic alliance with Samuel Scott Financial
The alliance between the two companies enables Samuel Scott Financial Group to offer Opes' complete range of competitively-priced mortgage loan programs and premium services to their clients throughout Southern California.
12/06/2011
Bank for celebrities opens Atlanta office
The state’s lucrative tax rebate system for film and television projects has lured megawatt stars and major productions to Georgia.
12/06/2011
Women and men define financial success similarly, achieve it differently
Sandy Cimoroni and Lee Bennett, Senior Vice President, TD Waterhouse Financial Planning, provide their insight on gender differences and views on achieving financial success.
12/05/2011
US charges London asset manager
The debt in question is a Nigerian government warrant, a type of security in which the Nigerian government would make semiannual payments to holders based on the price of oil. The warrant was one of the two largest holdings of the fund, prosecutors said.
12/05/2011
Top private banks thriving in the tumult
Many of the top private banks are posting double-digit increases in assets under management, despite the shaky economic climate.
12/05/2011
Morgan Stanley releases "Gifts for Good" philanthropic catalog
Showcasing meaningful gift and funding opportunities to benefit others
12/05/2011
Raise taxes on the rich - Morgan Stanley exec
Porat said that the global markets are more stressed now than they have been since the financial crisis in 2008