09/21/2017
Northern Trust exec wins prestigious award
Nominations for the award recipient are put forth by WIP members and ultimately selected by the WIP Board of Directors.
Wealth and Asset Management
09/20/2017
Merrill Lynch to Accelerate Release of 2018 Comp Plan
The new compensation plan is likely to include a supplemental payout grid tied strictly to the new household metric, said a person who spoke to people briefed on the likely strategy.
09/19/2017
Creative Planning Ranked #1 on Barron's 2017 List of Top RIA Firms
Earlier this year, the New York Times described Creative Planning as being "at the vanguard of a profound shift in finance: the move away from brokers and mutual fund companies peddling products for a fee, and toward firms offering truly independent,
09/18/2017
Mark Schechter is the pawnbroker for the ultra-rich
The owner will also meet his clients anywhere, from Silicon Valley and Hollywood to the tony nabes of Greenwich, Conn., and the Hamptons on Long Island.
09/18/2017
Top Independent Financial Advisors
As soup-to-nuts financial planning comes of age, the biggest independent advisory outfits are growing fast.
09/18/2017
'The Last Cowboy of Wall Street,' Spearheading A Hurricane Irma Relief Effort in Virgin Islands, His Adopted Homeland
In the immediate aftermath of Irma, Bill chartered a jet full of generators, chainsaws and critical need medical supplies.
09/18/2017
CIBC brand extended across North America
The PrivateBank takes CIBC name following June acquisition
09/14/2017
Focus Financial Catches Another Big Fish
Eton’s customized goals-based approach has won the team multi-generational relationships with ultra-high-net-worth clients in over 20 states, Puerto Rico and Canada.
09/14/2017
Cathay Bank Leaves LPL, Returns To Cetera
The wealth management unit of the bank oversees $507 million in client assets.
09/14/2017
Betterment Partners with BlackRock and Goldman Sachs Asset Management
The portfolio invests 100 per cent of assets in U.S. bonds and international bonds issued in U.S. dollars.
09/14/2017
UBS Wealth Management Americas Downtown Los Angeles Branch opens state-of-the-art headquarters
The office is located in a twin skyscraper complex formerly known as the ARCO Plaza Towers and renamed City National Plaza in 2005.
09/14/2017
Cathay Bank Leaves LPL, Returns To Cetera
The bank's retail wealth management program, which began in 2002, today maintains over $507 million in brokerage assets.
09/13/2017
How Should RIAs Offer In-House Trust Services?
RIAs affiliated with larger firms that have in-house trust services may be in a better position.
09/13/2017
AMP partners with US advice business United Capital
As part of its new wealth management operating system, AMP will later this year launch a new goals modelling engine
09/12/2017
Ultra high net worth families are moving towards riskier asset classes as investment performance bounced-back last year
The benefits of this bolder approach are clear.
09/12/2017
TD Asset Management Inc. launches two new funds
The Fund will complement TD's existing suite of dividend solutions and offer investors exposure to top-tier U.S. companies.
09/12/2017
Schmidt Financial Group joins Dynasty Financial Partners
Firm Has Client Assets of More than $300 Million and Demonstrated Strength in Working with Clients in the Technology Space
09/08/2017
HSBC Referring Latin America Private-Banking Clients to UBS
The London-based bank is now focusing on the core countries of Argentina, Brazil, Chile and Mexico in Latin America.
09/07/2017
RBC Launches Women-Focused Initiative
RBC Wealth Management U.S. targets women advisors, SS&C is offering an online fiduciary course, and a rare blue diamond hits the auction block.
09/06/2017
Fiduciary Trust Named Best Wealth Manager by Massachusetts Lawyers Weekly
Readers of Massachusetts Lawyers Weekly selected the independent, client-focused firm as the best for wealth management and financial advice.