06/07/2012
Whereas 20 years ago building a coordinated network of resources meant establishing a private family office, a new class of advisors has arisen that provides these integrated services in a comprehensive manner. In order to help private investors recognize
06/06/2012
Wealthy investors are shying away from U.S. stocks and putting more money into private companies, real estate and commodities, according to a study.
06/06/2012
US family office Opens Miami Office
He has more than 15 years of wealth management experience and has served families in the United States and Latin America.
06/06/2012
The study found that firms are doing more to bring the client experience to life in their sales processes. Wealth advisors are adopting a more involved needs assessment during the sales cycle.
06/06/2012
As the industry is now, many independent RIAs are too small for potential clients to be aware of them. In fact, 82% of the general population does not even know what an RIA is, the pair said.
06/06/2012
Survey participants reported average income of $682,000 and average net worth of $14.6 million.
06/06/2012
First Look at 2011 Corporate Giving Finds Funding Returning to Pre-Recession Levels; Unparalleled Survey Reaches $100 Billion in Giving Data
06/05/2012
Bank of America has announced june 4 it will launch a U.S. Trust television advertisement geared toward high net worth and ultra high net worth individuals and families.
06/05/2012
Site for 600,000 financial professionals is new digital home for RegisteredRep.com and TrustsandEstates.com
06/05/2012
Bank of America has announced a new Merrill Lynch Wealth Management advertising campaign.
06/05/2012
The transaction is expected to close in the third quarter 2012 subject to regulatory approval. Financial terms of the deal were not disclosed."The decision to join Guaranty Bank and Trust came after thoughtful consideration of a partnership that woul
06/05/2012
Ryan Litfin, Managing Partner of VAM and Co-host of the popular investor advocacy show, Financial Fortitude, spoke publicly and in a YouTube video about their mission by pointing out, “Every four minutes someone is diagnosed with a blood cancer.
06/04/2012
In April 2008, a private banker at JPMorgan Chase visited her prized clients, Anita and Rajat Gupta, at their home in Westport, Conn, an elegant waterfront estate that was once owned by the retail executive JC Penney.
06/04/2012
After almost a year of secrecy, One Concierge, a global concierge & lifestyle brand, is once again, opening its doors to new members.
06/04/2012
Citigroup also plans to hire 500 additional personal bankers and financial advisers over the next two years, which would boost its ranks to about 800.
06/04/2012
Millionaire households in the U.S. decreased by 129,000 in 2011, according to a new study from the Boston Consulting Group.
06/04/2012
While this is bad news for stockbrokers and wirehouses, it is heartening for those who work in the independent channel: Compensation for them may be poised for a decade or two of acceleration.
06/04/2012
As part of its asset management business, FBR oversees a family of 11 mutual funds that produced $4 million in fee revenue in the first quarter, up from $3.9 million a year earlier.
06/04/2012
Financial advisers like Mr. Dardaman have been increasingly buying these in an effort to get better returns than bonds but less volatility than stocks.
06/04/2012
The integration is the latest step in UBS Chief Executive Sergio Ermotti's plan to shift the Swiss bank's primary focus to client and advisory businesses and pare down its investment bank following an embarrassing trading scandal last year.