11/23/2018
Subscription models of financial advice emerge
These companies have turned a product into a service."
Comment, Analysis & Research
11/22/2018
Research - Non-financial performance measurement is biggest hurdle for ESG investing
This more nuanced approach to sustainable investment requires the development of more complex metrics, benchmarking and monitoring.
11/22/2018
Tax cuts, de novos and gridlock: What bankers can be thankful for this year
But many bankers are relieved that Republicans have maintained their control of the Senate, as well as the White House.
11/21/2018
To attract younger clients, offer what they’re looking for
Exacerbating the problem is that millennials are increasingly attracted to technology-based investing products that are easy to use, low-cost and marketed to their demographic.
11/21/2018
Help HNW clients with high-impact philanthropy
The clear-eyed math shows that if an ultra-wealthy family wanted to spend down half its wealth in a 20-year time frame, the family would need to donate more than 11% of its assets per year — a tenfold increase over average current levels of giving.
11/20/2018
Precision Options Strategies for the Ultra-High Net Worth Family Office
Such strategies can be especially effective when they’re targeted towards a specific sector/industry/market or country.
11/20/2018
Life lessons of the rich and famous: Why you need an estate plan
Under the latest tax law, passed late last year, only those with more than $11.2 million in assets ($22.4 million for a married couple) are subject to federal estate taxes.
11/20/2018
Lessons from Eight Successful M&A Turnarounds
This insight is meaningful, as about 40% of big-company mergers require some kind of turnaround, according to Lessons from Eight Successful M&A Turnarounds
11/20/2018
Great Again: Fewer American renouncing citizenship under Trump
Prior to Obama’s tenure in office, fewer than 1,000 Americans expatriated annually.
11/19/2018
Temenos: How AI is Creating a Personalized Investing Experience
The clear message from the study shows that with the growing deployment of AI solutions for wealthy clients a new type of wealth manager is emerging, with APAC leading the way.
11/19/2018
Broadridge Head of Strategy Outlines Innovation by Acquisition Approach
Innovation by acquisition is a clear strategy invoked by Broadridge, and one that our Mike Tae believes plays naturally with market trends.
11/19/2018
CEO Action for Diversity & Inclusion Unveils Three Key Actions
These actions support the coalition's foundational commitments to broaden awareness of unconscious bias and encourage difficult conversations about diversity and inclusion in the workplace.
11/19/2018
Citi tops M&A league table for financial advisers in Q3 – exclusive ranking
With 65 deals worth $153.3bn, and 79 deals valued at $152.9bn, Morgan Stanley and JP Morgan secured fourth and fifth positions, respectively.
11/19/2018
Warren Buffett Is Betting $86 Billion on This Industry
A single industry now makes up more than 40% of Berkshire Hathaway’s stock portfolio.
11/19/2018
KPMG: Cryptocurrencies like Bitcoin are Not Store of Value [Yet]
At the same time, a coherent approach at defining comprehensive legal parameters for crypto space could allow big businesses to enter significant capital into its market.
11/16/2018
Banks underperform in five out of five categories that matter most to customers
Bain & Company’s ninth annual study on retail banking finds traditional banks continue to lag behind technology firms and direct banks in providing simple, digital customer experiences
11/15/2018
Four in 10 U.S. Workers Say Living Past 85 would be a Financial ‘Hardship,’ Wells Fargo Survey Finds
People with a “planning mindset” typically have more savings, less stress, and are more likely to say they’re “thriving” in life
11/15/2018
Why The Super-Rich Regularly Stress Test Their Wealth Plans, And You Should Too
The complication was that some of his business dealings were being scrutinized and he wanted to make absolutely sure his tax planning would not cause him any problems.
11/15/2018
Does Your Client Want to Save Money on His Life Insurance?
Remember that cost and price are very different things.
11/14/2018
Fed Reserve governor Brainard on what we are learning about AI in financial services
Through our Fintech working group, we are working across the Federal Reserve System to take a deliberate approach to understanding the potential implications of AI for financial services, particularly as they relate to our responsibilities.