11/10/2016
Citi and Deutsche Bank join Neptune
The Neptune network provides a venue for dealers to share information with investors on the bonds that they are looking to buy and sell, making it easier for investors to execute bond transactions.
Wealth and Asset Management
11/09/2016
Chubb's New Suite of Liability Coverages Helps Protect Family Offices in Canada
They are charged with adhering to a high level of fiduciary care in managing their high-net-worth clients' wealth and assets.
11/09/2016
Masters of Wall Street turn timid on betting winner of US elections after Brexit fiasco
Burned by a wrong-way bet on Brexit, investors hedge their punts on Clinton versus Trump
11/09/2016
Daniel J. Warren Named 2016 Five Star Wealth Manager by Five Star Professional and Los Angeles Magazine
The Five Star Wealth Manager award is given to an elite group of wealth managers in Los Angeles.
11/08/2016
Firms Increasingly Worried About DOL Fiduciary Rule
LPL had already standardized commissions on variable annuities and alternative investment products
11/07/2016
BNY Mellon Wealth Management named 2017 Best Private Bank for New Customer Segments
The New Customer Segments Award evaluates how private banks are uniquely addressing the needs of customers that historically have been underserved, such as minorities, women, and other segments, according to Global Finance.
11/04/2016
UBS Said to Be Among Banks Weighing Argentina Wealth Management
UBS and Julius Baer, both based in Zurich, might acquire local brokerages as a way to speed up the licensing process
11/04/2016
Robertson Stephens Accelerates the Transformation of Private Stock Financing with Addition of Venture Debt Veteran and Announces Robertson Stephens Liquidity Fund III
RSAM’s fund is a tax-efficient solution for employees of growth-stage companies looking to exercise options or generate liquidity for personal use.
11/03/2016
Steve Cohen is changing what it means to be a star employee
The new system enables employees to build career-progression plans based on their skill set by identifying what they most need to focus on.
11/02/2016
New York wealth management firm relocates HQ to Fort Lauderdale
The move comes after 14 years of being based in Scarsdale
11/02/2016
Heritage Wealth Advisors Invest in Brookfield Asset Management Inc.Shares
Next Financial Group Inc acquired a new position in Brookfield Asset Management during the second quarter valued at $252,000.
11/02/2016
Endurance Wealth Management Lowers stake in JPMorgan Chase & Co.
JPMorgan Chase & Co. makes up approximately 1.79% of Endurance Wealth Management’s portfolio.
11/02/2016
Amid outcry over cross-selling, City National and RBC stick to their script
The bank even hired about 350 workers — there were no layoffs — and plans to hire at least that many more over the coming year.
11/02/2016
TD Ameritrade Institutional’s Advisors Private Wealth Trust Receives 2016 Wealth Management Industry Award
Advisors Private Wealth Trust, a Strategic Alliance Formed with National Advisors Trust Company in 2015, Established Relationships with More Than 300 RIA Firms in its First Year
11/02/2016
Canaccord Genuity Wealth Management operations continue to deliver stable earnings growth
During the second quarter of fiscal 2017, the quarter ended September 30, 2016, Canaccord Genuity Group generated $193.6 million in revenue.
11/01/2016
US Clients of Swiss Banks May Turn to Bitcoin As Swiss Stop Accepting US Clients
It can even be more secure than traditional banks because you control your own funds.
11/01/2016
BNY Mellon's Pershing Enhances its Lockwood Managed Solution as it Reaches $100 Million Milestone
Included in the portfolios are a series of short, intermediate and long-term muni laddered portfolios, featuring national, state specific and state preference options.
10/28/2016
Northern Trust Named Best Private Bank in U.S.
Northern Trust’s ultra-high-net-worth services include investment management and wealth planning as well as specialized services such as business-owner, philanthropic and intergenerational consulting.
10/28/2016
Seattle bumps Boston as the most expensive U.S. housing market that’s not in California
Historically the Boston and Seattle housing markets have been very similar with relatively well educated populations
10/28/2016
RBC celebrated as leading North American wealth manager with two industry award wins
The Private Banker International Global Wealth Awards recognize industry-leading wealth management firms.