12/02/2011
One change to the nine-year-old service group of Charles Schwab & Co. that will be immediately obvious to clients is that the branch consultants will not be in a position to make changes in portfolios — that task will fall solely to the portfoli
12/02/2011
Succession Advisory Services has unveiled plans to consolidate five of its firms as part of plans to become a national wealth manager in the first quarter of 2012.
12/01/2011
The company's management team has more than 70 years of combined experience.
11/30/2011
Smith, who joined Raymond James in 2009, has more than 20 years of experience in the financial services industry.
11/30/2011
Citi Private Bank recently doubled the size of its office space and expects to hire more staff to keep up with Houston’s expansion of wealth, said the bank’s new managing director and head of the Houston office.
11/30/2011
Los Angeles-based TCW, which had $114 billion in assets under management as of Sept. 30, may be valued at about $1 billion, one person said.
11/29/2011
Voters see a system that favors the wealthy, polls show, but most aren't ready to give up on the American dream.
11/29/2011
Three money managers in one of the country’s richest towns collected the biggest jackpot in the history of the Connecticut lottery after investing $1 dollar in a Powerball ticket.
11/29/2011
Research firm Ipsos Mendelsohn recently finished a two-month project on the medium-to-upper crust and found that people making at least $100,000 are feeling better about the economy. But the super rich are really feeling better.
11/25/2011
In his book Richistan, Wall Street Journal reporter Robert Frank concluded that "people's definition of rich is subjective and is usually twice their current net worth".
11/24/2011
Jon Corzine, who has not spoken publicly since resigning on 4 November, has been asked to appear before the house oversight and investigations sub-committee on 15 December.
11/22/2011
SEC-registered investment advisor expands product portfolio
11/22/2011
State Street releases new white paper on tax management
11/21/2011
Private banks move to win back super-rich clients
11/18/2011
Single family office exemption from registration as investment adviser
11/17/2011
The asset manager protested the appointment of an IAS officer as the firm's chairman
11/17/2011
Said fund would reportedly be within the $10-million range
11/16/2011
Reports state around 11pc of Congress have net worth of roughly $9m
11/11/2011
The new report utilized a new method that shows the distribution of HNWIs by region and country
11/10/2011
The closure comes five months after the firm appointed a star banker to run the operations.