03/22/2018
New Spectrem Group Market Insights Report Reveals Significant Growth in U.S. Household Wealth in 2017
The report also includes information on the investment habits and behaviors of investors based on advisor usage and occupation.
Wealth and Asset Management
03/21/2018
Oakbrook Solutions Crowned 'Best Family Office Management Consultancy'
One of six firms to be shortlisted, Oakbrook Solutions was crowned ‘Best Family Office Management Consultancy’ for the third consecutive year at the 5th Family Wealth Report Awards 2018.
03/21/2018
Cetera Financial welcome Marquette Bank's Wealth Management Program to Cetera Platform
Chicago Bank Forms Strategic Alliance with Cetera Financial Institutions to Drive Growth of Retail Wealth Management Program with $382 Million in Total Assets
03/21/2018
Morgan Stanley wealth customers bring more assets to bank: executive
“They’re bringing money from other sources into Morgan Stanley to invest,” he said, “so I don’t know if that means they’re fully invested, or whether we’re getting more share of their business.”
03/20/2018
A.W. Jones launches A.W. Jones Private Advisors
The firm converted its partnership in the 1980s becoming one of the earliest multi-manager funds. A.W. Jones has maintained its family leadership for 70 years.
03/20/2018
Morgan Stanley to establish new wealth management office in Arizona
Commenting on the move, Morgan Stanley managing director for wealth management Jaime Sobrepera said: “We are excited about our expansion in the Phoenix area given the diverse and talented market.
03/20/2018
Envestnet Wins Three 2018 Family Wealth Report Awards
In his role, Lumberg is responsible for leading a team in developing new markets to deploy the Envestnet platform and wealth advisory services.
03/20/2018
Stifel Completes Acquisition of Ziegler Wealth Management
Ziegler Wealth Management has 55 private client advisors in five states that manage approximately $5 billion in client assets.
03/20/2018
A.W. Jones Launches A.W. Jones Private Advisors
Firm Leverages 70 Years of Asset Allocation, Investment Research & Manager Selection Experience to Offer Boutique Investment Advisory Services with a Focus on Alternatives
03/19/2018
Helping HNW Advice Clients Invest in Real Estate
Some seek stable investments that provide inflation protection and tax advantages, for example, while others are willing to take on more risk in secondary markets, the report says.
03/19/2018
Ex-AIG Execs Kick-Off New High Net Worth Insurer Vault in Florida
“Wealthy people like to live in beautiful places and the coast of Florida is that in a big way,”
03/19/2018
How Women Are Influencing Impact Investing
By 2020, that amount is expected to rise to $22 trillion in the United States alone. Over the next two generations, women are anticipated to inherit 70% of transferrable wealth.
03/16/2018
Old Mutual in talks to sell LatAm businesses, reports
Old Mutual has not responded to Citywire Americas request for more information
03/16/2018
Citigroup boss paid 369 more times than average employee at the bank last year
Corbat’s annual compensation was cut six per cent to $15.5m the previous year after the bank missed financial performance targets and one-third of its voting shareholders voted against his prior pay.
03/15/2018
Delegate Advisors Wins Multi-Family Office Award from Family Wealth Report
As part of the 2018 Family Wealth Report Awards, the Firm is Recognized in the Multi-Family Office (Up to and Including $2.5 billion AuM/AuA) Category
03/14/2018
Merrill Lynch Bolsters Business Serving Richest Clients
The Bank of America brokerage arm says it will offer a wider range of wealth-management services
03/14/2018
PagnatoKarp Wins BEST MULTI-FAMILY OFFICE award
Showcasing 'best of breed' providers in the global wealth management, private banking, and trusted advisor communities, the Family Wealth Report Awards are designed to recognize companies, teams and individuals which the prestigious panel of jud
03/13/2018
Americas' Private Banks: Fortune's Shifting Tides
Changes in technology, regulation and the distribution of wealth are reshaping private banking throughout the America.
03/12/2018
Families Turning to Wealth Management Firms to Help Oversee Funds for New Generations
As younger generations begin to take on greater responsibility for family finances, wealth management companies can also offer more than the standard wealth management functions including education and resources.
03/12/2018
UBS Increased Broker Pay by 14% in 2017
UBS Financial Services dropped the amount of forgivable loans it gave out as signing bonuses in 2017 but boosted advisor pay, InvestmentNews writes.