08/22/2018
Wells Fargo pushed wealth advisors to use high-fee products, cross-sell
In mid-July, Yahoo Finance reported on increasing sales pressure in the wealth management sector of Wells’s Private Bank.
Wealth and Asset Management
08/22/2018
Improving financial and physical health
Engaging and encouraging consumers to improve their financial and physical health.
08/22/2018
SS&C GlobeOp Forward Redemption Indicator at 2.73 per cent for August
The August 2018 reading of 2.73 per cent continues the generally favourable trend in asset retention that we’ve seen over the past year and a half, indicating investor confidence in hedge funds remains high.
08/21/2018
Merrill team managing $235 million goes indie with Raymond James
Mr. O'Mailia worked at Prudential, Smith Barney and Merrill Lynch over his 40-year career.
08/21/2018
Optima Asset Management Recognized as Top Investment Advisor
Clients' Interests Come First at Fee-Only Wealth Management Firm
08/20/2018
Ex-Northwestern Mutual team launch new wealth manager
Moosherr started his career in the industry in 1987 at Chesapeake Securities Research Corporation
08/20/2018
UBS Faces Tough Questions on Wealth Mega-Merger
The move burnishes the standing of Naratil the Swiss bank's U.S. head who returned to New York in 2016.
08/20/2018
Mercer to acquire Pavilion wealth management business
For Pavilion’s clients it will mean access to a global consulting and research operation.
08/20/2018
Lido Advisors Honored as “The Most Influential Wealth Managers in Los Angeles”
Three senior executives included in Los Angeles Business Journal’s annual list
08/20/2018
Wealth managers take wait-and-see approach to tariffs
A recession seems at least a year away, but a full-blown trade war could bring one sooner
08/17/2018
Family Wealth Alliance Announces Best in Industry Awards Finalists
Winners to Be Announced at October 17 Awards Gala
08/17/2018
DJ Van Keuren Announced as a Finalist for The Family Wealth Alliances Best in the Industry Awards
"This comes as a major surprise" said DJ
08/16/2018
JPMorgan private bank boosting staff in Columbus
Chase is the second largest bank in Columbus, according to Business First research.
08/16/2018
Evercore Wealth Management expands US presence
Mr. Palles was previously a Managing Director and Senior Portfolio Manager at U.S. Trust, Bank of America Private Wealth Management.
08/16/2018
Robo-advisors give traditional wealth managers an advantage
Hedgeable, an avant-garde robo-advisor called it quits last week, closing with $47,000 per account on average, despite marketing itself as high net worth-ready.
08/14/2018
Report Suggests Wealth Managers Should Offer Clients Self-Directed Planning
Financial planning will continue to be an advisor-led process but Aite Group says firms are missing out on an opportunity to target other client segments.
08/14/2018
Family office commissions Canadian alts AM to manage new fund
Timbercreek Investment Management is an alternative investment manager headquartered in Canada
08/14/2018
Firethorn Wealth Partners joins tru Independence Platform
A commitment to providing our clients with the best wealth management experience possible is a pledge we take seriously and is core to the culture that we have instilled at Firethorn.
08/13/2018
The New Wellness Trend For Women Is Wealth
A new Workplace Benefits report released by Bank of America Merrill Lynch found that women are plummeting on the financial wellness scale with more fear and stress than their male counterparts.
08/13/2018
Public auction set for Rockefeller estate items
Somesville auctioneer Jerry Miller, who has been selected by the executors of the Rockefeller estate to conduct next week’s auction, said it will feature items from Ringing Point, the Rockefellers’ home in Seal Harbor.