04/07/2013
HighTower loses RIA with $1 billion of assets and Northern Trust street cred
She broke the HighTower mold somewhat for having an RIA, not coming from a wirehouse, and serving only 10 clients
Wealth and Asset Management
04/04/2013
PwC Wealth Management Guru Financial Advisors Must Focus on Client Data Financial Planning
'Wealth managers need to "quantify" the trust clients are willing to place in them.'
04/04/2013
New Pershing Thought Leadership Offers Advisors Strategies to Improve Their Business Practices and Client Relationships
"An Advisor's Guide to Becoming a Stronger Wealth Manager," provides advisors with the tools they need to establish greater efficiencies.
04/04/2013
Top 100 Billionaires Wealth Rose to $2.029 Trillion
Following are the results of the latest Bloomberg Billionaires Index ranking the world’s 100 wealthiest individuals.
04/02/2013
Philanthropy: A Deluge of Wealth
Wealth transfer in the next 10 years could total $322 billion.
04/02/2013
New Survey Finds Slight Difference Between Younger and Older Investors
Conducted in February, the Young High Net Worth Insights Survey reveals goals, behaviors and concerns of investors ages 18 to 35 with investable assets of $1 million or greater.
04/01/2013
Oneida Financial launches new wealth management company
Oneida Financial had total assets of $681.4 million at the end of 2012.
04/01/2013
Morgan Stanley Hires Wells Fargo, Merrill Advisers
While at Merrill, he generated roughly $1.1 million in annual production on $125 million in assets.
04/01/2013
SEC ex-chief lands consulting-firm job
She will be based in Washington, D.C.
03/31/2013
True Capital Management Opens Los Angeles Office
True Capital has enjoyed steady growth in recent years
03/27/2013
Credit Suisse Private Banking Americas Hosts Inaugural Global Megatrends Conference
The Credit Suisse Private Banking Global Research team has published a Megatrends Framework, which asserts that the analysis of megatrends, major economic, social and political forces, enables successful investments into growing markets.
03/27/2013
Genworth to sell wealth management business for $412.5 million
Aquiline and Genstar will bring their operational expertise and industry experience to help GFWM and Altegris increase their scale and capabilities.
03/26/2013
Harris myCFO's Calabrese Leaves; Benevides Named President
Joe Calabrese has left as president of Harris myCFO, one of the country’s largest multi-family offices
03/26/2013
Billionaires Don't Have Financial Planners –– They Have Personal Financial Officers
We couldn't help but ask ourselves –– what does someone do with that much cash?
03/25/2013
Halbert Wealth Management Announces the Addition of the Purcell Ultra Select Program
Accounts are either invested 100% in an S&P 500 Index fund or 100% in a money market fund
03/24/2013
World’s wealthy people shed $15b
The biggest loser was Larry Ellison
03/24/2013
RBC Wealth hires former Morgan Stanley manager
He has worked in the industry for more than 20 years, had also previously worked at UBS AG's U.S. wealth management division earlier in his career.
03/24/2013
To get ahead, area wealth managers become more specialized
We were dabbling, and you can’t really dabble in anything — it just doesn’t work
03/21/2013
With Wealthy Investors, Actions Speak Louder Than Words
How Investors Describe Themselves is Often At Odds with Actual Investments
03/21/2013
Three-quarters of Canadians Put a Premium on Advice When Managing Their Wealth
However, more than half want to have the final say on whether they commit to an investment or not