07/20/2020
Are Millennials destroying Wealth Management?
Some are more digitally native than others, however we all use technology with relative fluency, often to the bafflement of our Gen X and Baby Boomer parents.
Comment, Analysis & Research
07/17/2020
Family Offices Are Billionaires’ Secret To ‘Riding Out 2020’s Storm’
It is normally only the very richest who own a single family offices. Costs vary, but most advisers say you need at least $100 million to set one up.
07/15/2020
Zoe Financial: Transforming the Process of Finding the Right Wealth Manager
Wealth managers also execute advanced financial planning, which is defined by Zoe Financial as "planning that involves more complex, intricate financial elements such as trust planning, business succession, legacy planning, and philanthropy."
07/14/2020
Global economy on the rebound, but plenty of potholes still seen
World economies to face crucial tests in the coming months
07/13/2020
Is Anyone Listening to Dr Fauci? by Gary Dugan
Banks globally have rightfully won plaudits for learning the harsh lessons of 2009 by shoring up their balance sheets and generally dealing with risk and leverage more sensibly this time around.
07/13/2020
‘Please Tax Us’: Dozens Of Millionaires Urge Governments To Tax The Rich To Pay For Coronavirus Impact
It added that a “huge debt” is owed to frontline workers confronting the deadly virus at work each day.
07/10/2020
US surpasses Asia Pacific for HNWI growth
There are approximately 183,000 ultra-HNWI in the world.
07/10/2020
Are you getting the most out of your family office?
Managing significant wealth is like running a business with one big difference: your colleagues are also your family members.
07/10/2020
Commentary: Don’t blame Covid-19 for public pension problems
Covid-19 is not the issue on the public pension problems
07/10/2020
What Banking For The Unbanked Means For You
By definition, the unbanked are individuals that have no checking or savings accounts.
07/09/2020
Reinvention Required: Five Steps That Asset Managers Should Take Now
The picture is even gloomier when you look at the last five years, with gross margins contracting by 31%.
07/08/2020
Rapidly Changing Behaviours In 2020 Are Accelerating Consumer Embrace of Digital, Health, and Sustainability Trends, Says PwC
The survey results reveal that the pandemic and the ensuing social distancing measures put in place have led to fundamental changes in how consumers work, eat, communicate, and take care of their health.
07/08/2020
The State Of M&A Activity In The Wealth Management Industry
The average assets under management of a firm acquired during the quarter was just over $1.5 billion – the largest levels since ECHELON Partners began tracking this data in 2014.
07/08/2020
THE Broadridge Next-Gen Technology Pulse Survey
How financial services firms globally are adapting to the new digital-first environment.
07/08/2020
What the Changing World of Work Means for Your Retirement
According to the study, only 34% of workers envision immediately stopping work and entering retirement.
07/08/2020
Covid-19: Bank of America temporarily shutters 50 branches in Central Florida
The branches will reopen on a case-by-case basis, he said.
07/06/2020
Vontobel AM teams up with NY firm to launch fund
New York Firm Launch fund
07/05/2020
Gold Funds Underpin Pandemic Price Rally as Jewelers Vanish
The shift underscores the global push-and-pull for gold between western investors looking for a safe haven and traditional demand centers for physical gold in Asia.
07/03/2020
JPMorgan Chase: US adds 4.8 million jobs as unemployment falls to 11.1%The reversal
Credit and debit card data tracked by JPMorgan Chase show that consumers reduced their spending last week after having increased it steadily in late April and May.
07/03/2020
How Much Money Americans Actually Make
They included banking executives in the “one percent,” workers at nonprofits who say they are compensated in nonmonetary personal “fulfillment” and a cashier who longs for a $15 minimum wage.