Managers of Wealth Americas

Chesapeake Partners Shuts Down Citing Government Regulation

The Lerners said they are returning clients' money to manage only their own.

The World’s Top UHNW Lawyers In Association With WEALTH

Whether it be tax or estate planning, these lawyers will have you covered.

Argentine court probes president's tax returns

He denied wrongdoing, but later promised to repatriate the funds from his account in the Bahamas.

Choate, Hall & Stewart's Wealth Management Group Receives Top Rankings in High Net Worth Guide by Chambers and Partners

Nan Giner and Jennifer Snyder Receive Top Individual Rankings

SEC Proposes Asset Manager Transition Plan Rule

Business continuity plans would apply in situations involving natural disasters, terrorism, cyberattacks, system failure, vendor failure or major personnel shake-ups, the agency said.

SFC publicly censures two units of Bank of America Merrill Lynch Group for breaches of Takeovers Code

In deciding the sanction, the SFC took into account BofAML Group’s full cooperation and the remedial measures it has now put in place to ensure future compliance with the Takeovers Code.

Hong Kong and Singapore: Awaiting a New DOJ Tax Program for Asian Banks?

As offshore tax enforcement remains a top priority for the Department of Justice, the DOJ Tax Division and the IRS are actively reviewing account information obtained from Category 2 banks

Advisory firms using creative job titles to attract clients, staff

Inventive labels, such as director of first impressions, can better describe roles and help a company stand out from the competition

New SEC Proposal Will Force Advisors to Plan for Succession

Advisors could tailor their plans to fit their operations and risks specific to their particular business models.

Lynn Tilton reshuffles her deck of lawyers

The embattled distressed investor tags in new attorneys, replacing a firm that worked on the SEC’s fraud case against her.

Hostilities resume between the SEC and institutional investors

But while bitterness against the two advisers remained high in CEO suites, critics in 2015 never opted for the open warfare we had expected.

Leading investment managers see domestic and US rates lower for longer

Having external investment managers provide direct input into Crestone’s house view is a crucial element in Crestone’s investment process.

Offshore Vehicles Borrow Names of Fund Managers

These private equity firms denied any connection with the offshore vehicles exposed in the documents.

Former Texas billionaire ordered to pay $1.1 billion for ‘fraudulent’ tax scheme

The payout includes roughly $135.5 million of taxes, $402.1 million of interest, and $570.1 million of penalties.

British EU Exit Could Sting California, But The Price of Scotch Might Fall

In California by recent figures the world’s sixth-largest economy the exit threatened to hurt exports to the United Kingdom.

At Chicago law firms, a salary war breaks out after years of deep freeze

The most experienced associates among the eight will top out at $315,000.

Merrill Lynch Paying $10 Million Penalty for Misleading Investors in Structured Notes

The notes were issued by Merrill Lynch’s parent company Bank of America Corporation, and Merrill Lynch had principal responsibility for drafting and reviewing the retail pricing supplements.

SEC Sues UK-Based Trader for Account Intrusion Scheme

The complaint alleges that Mustapha placed stock trades without the customers’ knowledge and then traded in the same stocks through his own brokerage account.

After UBS Produces Singapore-Based Documents, Justice Department Dismisses Summons Case

Taxpayers with offshore assets who underreported their income should come forward before we come looking for them

IRS Says "You Owe Us Money – Bye-Bye US Passport!"

Americans living abroad could have their passports revoked simply by being on an IRS list for owing taxes.

Legal, Regulation & Compliance