07/04/2019
Peapack-Gladstone to buy wealth management firm
The $4.7 billion-asset company said in a press release Wednesday that the deal, which should close in the third quarter, will be immediately accretive to its earnings
07/04/2019
The company plans to boost the worldwide ranks of its relationship and investment mangers in the wealth management division by about a third, or 300 more people, by 2021, under a plan by Fabrizio Campelli, global head of Deutsche Bank Wealth Management, R
07/04/2019
The team previously managed $1.1 billion in brokerage, advisory and retirement plan assets at Raymond James Financial Services, the firm’s independent broker-dealer, LPL says.
07/03/2019
It is also estimated that there are about 5,300 single-family offices, of which three-quarters are in North America or Europe. In addition, there are many multifamily offices that service hundreds of wealthy families.
07/03/2019
Being recognized by Kiplinger’s as the Best Bank for High-Net-Worth Families for a third-straight year affirms we are building a high tech, high touch relationship with our clients.”
07/03/2019
Bank of Ningbo, also in Zhejiang, won regulatory approval to set up a similar unit, the bank said Tuesday.
07/02/2019
Parent of Forbes Family Trust Completes Acquisition
The acquisition, which was previously announced on April 25, expands FFT’s relationships with top managers and increases its access to the most promising funds, while offering its comprehensive suite of products and services to Optima’s client
07/02/2019
“Ten years ago, people didn’t really know what a family office was,” says Chris Clarke, family office director and chief executive officer at First Affiliated, a multi-family office in Collingwood, Ont., that works with about 70 high-net
06/28/2019
In addition to aggregated performance reporting, Merrill private wealth advisors will benefit from powerful portfolio analysis, a range of interactive reports on performance metrics, and a customizable dashboard that includes information held at other fin
06/28/2019
The latest thinking on what trends in the world of financial services mean for advisors, other industry players, and the products and services they offer.
06/28/2019
The bank hopes to reach ultrahigh-net-worth clients who have complex investing needs, says Don Plaus, head of Merrill Private Wealth Management.
06/28/2019
The new recruits joined the firm’s independent broker-dealer.
06/27/2019
His UBS team dissolved, and the three other team members left UBS for Wells Fargo Advisors in February, Ronnie Brown, a former NFL Pro Bowl running back who had been part of the group, tells the industry news website.
06/26/2019
UBS Advisor Named to Forbes' List of Best-In-State Wealth Advisors
Recognition of an exceptional career in Financial Services
06/25/2019
This type of lead scoring is also very focused on short-term sales—that is, finding any advisor for sales to call who seems interested enough to buy now.
06/25/2019
The bank hopes to have $50 billion in AUM by 2022
06/25/2019
One measure of the percentage of the wealthy who are self-made is Forbes' own Forbes 400 list
06/25/2019
“We are seeing this trend play out across our client set as well,” Mr Halpern said.
06/24/2019
Jackson Hill & Fish, Southern Oak Wealth become third and fourth RIAs to join Sanctuary in June
06/21/2019
High-net-worth investors continue to be laser-focused on outcomes and goals