06/07/2016
Merrill grabs adviser with $244M from J.P. Morgan
Barclay has 17 years of experience in the industry, having started at UBS as a sales assistant in 1999, according to Merrill Lynch.
Wealth and Asset Management
06/07/2016
Financial giant buys South Florida wealth management company for $275M
The financial giant bought the local company for $275 million.
06/07/2016
Wealth Management Industry Getting Better for Females
Female professionals say the two biggest concerns that need to be addressed to accelerate the trend are an ability to balance the career with motherhood, and a larger number of women in leadership roles.
06/07/2016
Lazard Asset Management Launches New Global Multi Asset Fund
The Lazard Multi Asset team was formed in 2007 and manages portfolios for clients across the globe
06/03/2016
Brazil bounce could be short-lived, warn Nikko AM duo
Brazil will need to enact reforms to return the country to a sustainable path before losing the confidence of the markets.
06/03/2016
Celebrating the gold standard in Canadian wealth management
Over 20 awards were handed out throughout the evening, honouring a diverse array of wealth professionals.
06/02/2016
No Waiting For Wealth Management Innovation
The CFA Institute’s newest FinTech Survey suggests many investment professionals may hesitate before adopting new technology.
06/02/2016
Hartford Funds Partners with Schroders to Expand Investment Platform
The relationship will involve Hartford Funds adopting 10 of Schroders’ existing US mutual funds, with potential for the partnership to expand over time.
06/02/2016
Independent Financial Group Continues Expansion of Wealth Management Platform
As firms demonstrate that they are acting in their clients' best interests, those with variable compensation structures will face challenges.
06/01/2016
Bank of America targets wealthiest clients with more advisers
The growth will come from new hires and an internal training program, Banks said. U.S.
06/01/2016
The world’s wealthiest countries
The country has been one of the fastest growing countries on the list, according to New World Wealth.
06/01/2016
Klingenstein Fields Wealth Advisors Participates in a Day of Service
GLWD's mission is to improve the health and well-being of men, women and children living with serious illnesses by alleviating hunger and malnutrition.
05/31/2016
Argentina's Macri to repatriate USD 1.3 million from Bahamas
Macri yesterday said the money was deposited in Merrill Lynch accounts in Switzerland and the US, but it was transferred to the Bahamas after Swiss private bank Julius Baer Group bought the Merrill Lynch overseas wealth management unit from Bank of Americ
05/31/2016
Creating a “Safe Zone” With Family Philanthropy
Capital earmarked for charitable giving provides opportunities for healing, growth and empowerment
05/31/2016
New independent wealth specialist firm launched
Based in Reston, the two founding partners and their 20+ person team advise $2.5 billion in client assets.
05/30/2016
The time is now for young financial advisers
For new advisers trying to gain a foothold in an age-based industry, the struggle is real. But not impossible.
05/30/2016
Raymond James' $17M fine over anti-money-laundering failures should be a wake-up call
Time advisers take regulators' focus on this issue seriously, as compliance rules are only going to become stricter
05/27/2016
Raymond James to buy wealth manager with 72 advisers
3Macs has 72 advisers overseeing approximately C$6 billion in client assets under administration, according to Raymond James.
05/26/2016
Typical family offices invest 11% of portfolio into hedge funds
The respondents were primarily U.S.-based with an average asset size of $7.6bn. When one large outlier was removed, the average assets fell to $1.4bn.
05/26/2016
The Growing Appeal Of The Celebrity Family Office
The world of these accomplished entertainers and athletes, enable them to capitalize on some of the most sophisticated wealth management services available.