05/15/2019
Zoe Financial Wins Morningstar's Annual Fintech Competition
The head of the digital lead generation site says it has already connected $100 million in new client money with advisors.
Wealth and Asset Management
05/15/2019
Wealth advisers flee big banks for smaller firms
Breakaways are occurring more frequently as advisers hope to exert greater control and keep a larger share of the revenue
05/14/2019
Wealth Advisers Are Fleeing Big Banks For Smaller Firms
Breakaway firms have parked $25 billion on Dynasty’s platform
05/14/2019
CIBC AM makes portfolio management changes
CIBC Private Wealth Advisors will assume advisor responsibilities for three funds
05/14/2019
Financial advisers form Portland wealth management firm
All of the advisers had worked at UBS before forming Great Diamond Partners.
05/14/2019
Benjamin F Edwards launches registered investment adviser
The firm is debuting with Blake and Connor Dunlop of the Dunlop Investment Group, a father-son duo who manage USD230 million in client assets.
05/14/2019
The Marijuana Industry’s Dirty Little Secret
After securing a major $4 billion investment from beverage giant Constellation Brands, it seemed like Canopy Growth was on the top of the world.
05/13/2019
Don’t Have $25 Million? Then You’re Just Another Peasant
Only a couple of decades ago just having a few million made you truly rich.
05/13/2019
Henry Ford Senior Advisor and Principal of LifeSteps Financial Announces Family Office Expansion
"Our clients rely on us as objective advisers to help them protect their assets while investing for growth, so that they can enjoy a preferred lifestyle while creating their legacy" Mr. Ford concluded.
05/13/2019
How Much Money Do You Need to Be Wealthy in America?
The exact amount can depend on how old you are.
05/10/2019
World’s rich put a third of funds into cash as trade war simmers
​According to a UBS survey released on May 7, 32% of high-net-worth portfolios are in cash.
05/10/2019
Lyon Polk: Keys to a $15.4 Billion Practice
Lyon Polk the first was the undersecretary of state for Woodrow Wilson, and architect of the Versailles Treaty.
05/10/2019
Focus Financial Partners Reports First Quarter 2019 Results
“The first quarter again demonstrated the power of the Focus model in a highly attractive growth industry,” said Rudy Adolf, Founder, Chief Executive Officer and Chairman.
05/10/2019
Vontobel Wealth Management targets Mexico, Brazil hires
The Latin America head is also working to hire more relationship managers serving Brazil and has already made headway on that front.
05/10/2019
Wall Street’s safe bet on trust banks turns sour
State Street and BNY Mellon are getting squeezed as investor clients seek lower fees
05/10/2019
EP Wealth Advisors Acquires Conlon Dart Wealth Management
This is EP Wealth’s fifth acquisition since taking a minority investment from Wealth Partners Capital Group, a financial services holding company, in July 2017.
05/10/2019
Where have all the billionaires gone?
This is only the second time this population has dropped since the global recession a decade ago.
05/09/2019
The Superrich Have Something New to Spend Their Money on: Public Relations
With extreme wealth comes extreme attention.
05/09/2019
Two-thirds of clients switching wealth managers
Nearly half of clients (46 per cent) were found to be unhappy with the fees that they pay and do not trust they are being charged fairly, with dissatisfaction particularly high among ultra-high net worth clients (66 per cent).
05/09/2019
EP Wealth Advisors Acquires Conlon Dart Wealth Management
EP Wealth remains committed to growth in 2019, expanding our resources, capabilities and geographic reach.