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.
10/30/2014
A majority of affluent investors expect return communication from their advisors within hours of delivering the message, either by phone or by email, according to Spectrem’s quarterly report on wealthy investors and their relationship with advisors.
10/30/2014
Considering market volatility in the past month, it is not surprising that the highest percentage of Affluent investors surveyed in October by Spectrem Group report that “Stock Market Conditions” is the primary factor affecting their current i
10/29/2014
If you become the type of advisor who can say emotional intelligence without laughing, listening to what clients (and people) are telling you, helping them to separate the signal from the noise, you can be a man who can think like a woman
10/29/2014
The ruling by this regulatory body will likely come about in late 2014, but even while the public is eagerly waiting in anticipation, due diligence is still recommended.