04/29/2016
Wealth manager EFG to contest increase in Transamerica premiums
An analyst in Zurich suggested that EFG would also be grappling with higher legal costs.
Wealth and Asset Management
04/28/2016
Bank of the West Expands Presence in New Mexico with New Wealth Management Center in Albuquerque
New Center Provides Wealth Management Products and Services for High-Net-Worth Individuals, Business Owners and Affluent Families
04/27/2016
Citi Private Bank’s Specialty Hedge Fund Sales Unit Sees Double Digit Client Growth
The Hedge Fund Sales Team is comprised of senior Private Bank professionals with extensive hedge fund and capital markets experience providing highly customized strategies to an increasingly important client segment.
04/25/2016
Warren Buffett’s Former Heir-Apparent Resurfaces as Activist Investor
Ex-Berkshire executive David Sokol is pushing Middleburg Financial to put itself up for sale
04/22/2016
Sontag Explores Hybrid Robo Model
Delgass notes that while Sontag may be one of the older RIAs in the country, it is making waves with its new hybrid “robo”-advisory product
04/20/2016
Most HNW Assets Are Parked at Wirehouses and Banks
Wirehouses and banks lean too heavily on intra-channel recruiting, which could lead to slower growth.
04/20/2016
The Ultra-Wealthy And Family Offices Are Acquiring Music Catalogs
The ultra-wealthy, including family offices and some billionaires who are not in the music business in any way, are taking hard looks at acquiring music catalogs as long-term investments.
04/19/2016
Citco’s Spring edition of Spotlight
News and views from Citco on alternative industry developments
04/19/2016
The Ultra-Wealthy And Family Offices Are Acquiring Music Catalogs
The possibility of a music catalog being profitable increases when specialists in the field are involved.
04/18/2016
Dworak & Beukelman of UBS recognized by Barron's
Dworak and Beukelman joined the firm in 2008, and were part of Morgan Stanley prior to UBS. Both Dworak and Beukelman are certified investment management analysts, senior portfolio managers and manage their respective private wealth management teams at UB
04/17/2016
Raymond James Hires $2.3M Team from UBS
The team, operating as Hameline Wealth Management, includes support staff Brenda Kelley and Virginia Williamson, and is in South Burlington, Vt.
04/17/2016
Wells Fargo adds Credit Suisse brokers under recruiting agreement
Out of 220 it looked at, about half were hired, spokesman says
04/15/2016
Steve Cohen Has a New Firm That's Allowed to Take Outside Money
Billionaire Steven Cohen has a way to raise money from outside investors prior to 2018, the year he can resume running hedge funds under a January settlement with the U.S. Securities and Exchange Commission.
04/15/2016
What’s the Protocol for Non-Protocol Advisors?
Advisors moving from UBS to Morgan Stanley, from Ameriprise to HighTower, or from JPMorgan Securities to Raymond James, in all 50 states, are guided by attorneys well familiar with the document’s directives.
04/14/2016
Scotiabank Advances Strategic Measures to Further Position the Bank for Long-Term Success
The Bank is taking action to enhance shareholder value over the medium and long-term.
04/12/2016
Fiserv's Cheryl Nash To Lead Initiative To Attract Women To Wealth Management Industry
The program is designed to attract college-age women to wealth management careers in order to increase gender diversity in the industry.
04/12/2016
Gordon "Grant" Curtis Asia Conference Notes for the Affluent
World wealth has grown exponentially in the last decade to the point where so many have achieved centi-millionaire status or even billionaire status, that it is almost unfathomable.
04/11/2016
The Renaissance Of The Outpost Family Office
The concept and existence of outpost family offices is not new.
04/11/2016
Marketplace Lender P2Binvestor Announces Institutional Investment Relationship with MW Eaglewood Americas LLC
Established and emerging marketplaces offer an increasingly diverse field of credit products, investment opportunities and technology.
04/10/2016
Boston Private Financial Appoints New CEO of the Private Banking Group; Makes Other Exec Changes
In his new role, Mr. Schwartz is responsible for the overall strategic direction of the Private Banking Group, including the Deposit & Cash Management, Residential Mortgage and Commercial Lending business lines.