12/15/2015
HSBC 'considering Toronto' for headquarters in review of domicile
Hong Kong has been touted as the most likely alternative to current base London
Comment, Analysis & Research
12/15/2015
Lessons From The Former Ultra-Rich
While the reasons for the drop differed, the New York Times says many were cases of having too much money tied in one investment and too little in a liquid investment like cash.
12/15/2015
Once a billionaire, not always a billionaire
The report examined the differences between billionaires’ wealth creation, preservation and philanthropic practices across the U.S., Europe and Asia.
12/15/2015
BofA Merrill Lynch Fund Manager Survey Finds Majority of Investors Expect Three or More U.S. Rate Hikes in Coming Year
A majority (58 percent) of global investors expect the U.S. Federal Reserve (Fed) to raise rates three times or more in the coming 12 months, according to the BofA Merrill Lynch Fund Manager Survey for December.
12/15/2015
This NYC Startup has Gathered $1.5B in Assets… What Have You Done This Year?
When a company has gathered $1.5B in assets and has created over 30,000 accounts that could be all the help you need in deciding.
12/15/2015
New Merrill Lynch head of South Atlantic region reflects on career; advises young people to take diverse opportunities
He’s worked for the wealth manager around the country and was promoted to managing director and South Atlantic division executive of the firm this fall.
12/14/2015
Private Equity’s ‘Hidden’ Fees Totaled $20 Billion
An academic study pinpoints total amount charged to U.S. companies
12/14/2015
Wealth Adviser Daily Briefing: ‘Robo’ Advice Market is Exploding…But Does the Label Still Make Sense?
“Robo” financial-advice services are expected to manage an eye-popping $5 trillion to $7 trillion within a decade, up from under $100 billion today, reports WSJ.com’s Wealth Adviser, citing a recent study.
12/14/2015
Most Americans are no longer middle-class
Pew’s release comes on the heels of another study by the Institute for Policy Studies
12/14/2015
Advisor Compensation & Staffing Study
Study identifies profitability, productivity, and compensation trends of most successful advisory firms
12/13/2015
US corporate debt: a $1 trillion tragedy waiting to happen?
The weakest link comes to haunt investors as Fed readies a rate hike
12/13/2015
Why the Middle Class is Dying
The American middle class is dying... It's really just that simple.
12/13/2015
2016 Forecast for Stocks: More Gloom, More Volatility and Few Gains
Stock prognosticators by nature are an optimistic bunch, but not now.
12/13/2015
Wealthsimple founder is a ‘boring’ investor with a high-risk strategy
Wealthsimple founder Michael Katchen was barely a teenager when he discovered the ups and downs of investing.
12/12/2015
Banks trumpet bumper year of ‘elephant’ takeover deals
It looked like 2015 would break all merger and acquisition records – and it did
12/12/2015
This Secret Document Reveals One Big Bank's Crazy Marijuana Plans
A prospective investor who received the report last week recently shared it with Goldstein.
12/11/2015
Why J.P. Morgan, BAML and Citi think 2016 will be a GOOD year for surviving fixed income traders
Believe it or not, the big US banks are actually pretty upbeat about the prospects for their fixed income trading businesses next year.
12/11/2015
This Is a New Favorite Cause of the Super Rich
A new study on the habits of billionaire philanthropists.
12/11/2015
Product Silos Collapsing Into Singular UMA Platform
Sponsors no longer require a distinct product management team to think about the promotion, positioning, and pricing of each managed account product.
12/10/2015
Holidays offer chance to flaunt wealth – and alarming reminder of inequality
While the country’s richest are mulling over gifts like safaris and submarines, they are missing the threat that the wealth gap poses for the US as a whole