08/14/2019
Raymond James pumps out recruiting loans. Will advisors bite?
Of the firm’s current formal offers, $128 million consisted of unfunded commitments to prospective hires who had accepted positions with Raymond James.
Wealth and Asset Management
08/14/2019
Forbes Magazine recognizes 25 Bham professionals in wealth advisers list
The ranking, developed by Forbes’ partner SHOOK Research, is based on an algorithm of qualitative and quantitative data that weighs factors like in-person interviews, industry experience, compliance records, revenue produced and assets under managem
08/13/2019
UBS Private Wealth Advisor Named to Forbes' List of Top Next Gen Wealth Advisors
Recognition of an exceptional career in Financial Services
08/12/2019
Integris Aviation Consultancy expands to serve Family Offices
The move represents a strategic shift in the broker market where private aviation users, the consumer side of the market, demand more of those who help them acquire and sell their aviation fleets.
08/09/2019
Two Important Real Estate Lessons For The Family Office
Tax-wise, the most significant benefits available to investors are the 1031 exchange and 721 exchange.
08/09/2019
LPL Financial Welcomes Lumen Financial Planning & Wealth Management
Fakoury named his Camden, S.C. firm Lumen to represent his approach to planning support by shining a light on clients’ finances through education and earnest wealth management.
08/08/2019
Newest Carson Partner is California’s Parsons Wealth Management
Parsons had reached a point where they realized they would need to either run their investment business through their own RIA, become a hybrid or join a team like Carson.
08/08/2019
Intertrust expands its services in the US
The expansion leverages Funds Services technology adopted through Intertrust's recent acquisition of Viteos, as well as new proprietary software developed in-house, providing clear, user-friendly, and secure access to global entity management.
08/08/2019
Focus Financial Partners Reports Second Quarter 2019 Results
These revenues typically consist of fixed fees for investment advice, tax fees and family office type services, primarily for high and ultra-high net worth clients. In excess of 95% of total revenues were fee-based and recurring.
08/07/2019
Canaccord Genuity Group Reports First Quarter Fiscal 2020 Results
Excluding significant items, first quarter earnings per common share of $0.23
08/06/2019
Oppenheimer Financial Advisor Christopher Lazos Named To 2019 Forbes Top 250 Next-Gen Wealth Advisor List
Chris is paving the way for future Financial Advisors with his commitment to providing his clients with exceptional service.
08/06/2019
Sentinel Trust named Houston's Top Wealth Management Firm
Sentinel Trust would also like to congratulate the other Houston-area firms that made the list this year.
08/02/2019
Next-Gen Jaimie Mayer to Shake-up Family Foundation as New Chair
“We need to not only fund trailblazers and risk-takers, but hold ourselves accountable to blazing our own trails, and taking our own risks,” Mayer said in a statement.
08/01/2019
Wealth Enhancement Group Announces Acquisition
Fast-Growing Wealth Management Firm to Remain Privately Held and Independent Under Existing Structure, Leadership, Brand and Strategy
08/01/2019
Morgan Stanley's Wealth Management Revenues Could Reach $18.4 Billion By 2021
While industry headwinds are likely to weigh on wealth management fees for Morgan Stanley
07/31/2019
Itaú Private Bank opens offshore platform to Colombian clients
The decision to open the doors of their US business to Colombian investors is part of a larger growth plan for the Latin American market.
07/30/2019
Stifel announces record net revenues in Global Wealth Management
The Company's reported GAAP net income for the three months ended June 30, 2019 was primarily impacted by merger-related expenses.
07/30/2019
Kudu Investment Management acquires minority stake in wealth manager
Kudu’s partners collectively manage approximately $19 billion in AUM for institutional and individual investors.
07/28/2019
Three Ways To Embrace The Next Generation Of Family Office Leaders
The reality, however, is that the majority of family businesses do not succeed into the next generation because they are not motivated and inspired to take the reins.
07/26/2019
Charles Schwab to Buy USAA Investment Company Assets for $1.8 Billion
Would make Schwab the exclusive wealth management and brokerage provider for USAA members.