11/12/2014
The decision marks the first change to the main sector classifications since the GICS structure was established in 1999 and will impact mutual funds and exchange traded funds that track the industries.
11/12/2014
When it comes to women’s role on boards, it seems family businesses are showing the way.
11/11/2014
U.S. asset managers increased their share of assets from 41% to over 50% during past decade
11/11/2014
President Barack Obama’s tenure hasn’t done much for the Democratic Party given the shellacking at the polls last week, but it’s coincided with a huge surge in wealth.
11/10/2014
Rich people prefer to bank with Wells Fargo and Bank of America
The biggest complaint about large banks from Spectrem’s focus group is not enough personalized customer service. According to the study, 42% of bank customers bank with lesser known financial institutions.
11/10/2014
When popular financial sites like Investopedia start bashing index funds, you know the gig is almost up for active management.
11/07/2014
An Emerging Generation of Exceptional Wealth Is Increasingly Turning to the Family Office Sector for Solutions. It Starts With Understanding Their Motivations and Behaviors
11/07/2014
These themes and the necessary strategies to help support high-net-worth individuals and business owners are outlined in the latest edition of PwC US's Managing Your Wealth: Guide to Tax and Wealth Management, which launches today.
11/05/2014
Of their many recommendations, the Even It Up campaign called on governments to start taxing financial transactions
11/05/2014
Banks Favored by High Net Worth Investors
More young high net worth investors prefer Wells Fargo.
11/05/2014
Infuriating Facts About Our Disappearing Middle-Class Wealth
Much of the 1 percent wealth just sits there, accumulating more wealth.
11/05/2014
The 2015 Global Investor Sentiment survey confirmed many of the trends we have seen recently—capital is moving around the globe at a pace not previously witnessed as investors seek yield
11/04/2014
BofA Merrill Lynch Global Research announced the October 30 launch of the BofA Merrill Lynch Green Bond Index
11/03/2014
New research from global analytics firm Cerulli Associates finds that the key accounts role is magnified as the largest broker/dealers have increased negotiating power.
11/02/2014
Talking to one asset management company chief executive last week, “culture” was an issue that really pushed his buttons, sparking a long complaint about how box-checking investment consultants fail to give firms enough credit for their values
10/31/2014
Gay and lesbian CEOs may still be few in number—but the ranks of openly gay and lesbian millionaires and billionaires are growing rapidly. The announcement by Apple CEO Tim Cook on Thursday highlights just how rare it is for a Fortune 100 CEO to co
10/31/2014
The survey is an extension of a previous Citi report published earlier this year that examined how demand to cover short exposures, collateralize synthetic, derivative or margin loan obligations is rising.
10/31/2014
About half of Americans (52 percent) have a positive view of their financial future
10/30/2014
When it comes to global wealth, there are a handful of "haves" but most countries are "have nots."
10/30/2014
Among high net worth investors, those under 50 have an average net worth higher than those over 65.