04/28/2015
Not Just Your Millennial’s Advisor
A majority of high-net-worth investors feel confident about the U.S economy, with about a quarter saying they’re confident enough to explore online financial advice tools
Wealth and Asset Management
04/28/2015
UBS Investor Watch Report Examines What Drives Millionaires
UBS Wealth Management Americas (WMA) today released its quarterly UBS Investor Watch report, "When is enough…enough?" revealing the anxieties that underlie the successes millionaires have achieved.
04/28/2015
Northern Trust Wins Awards for Fund Administration and Securities Lending
“The Custody Risk Americas Awards reinforce our client-centric approach and emphasis on providing our clients with customized solutions for their regulatory and reporting needs,”said Dan Houlihan, head of Northern Trust Global Fund Services in
04/27/2015
Wealth Manager sets sights on aging advisers
Joseph Heider isn't just expecting wealth advisers to retire in coming years.
04/27/2015
The Multi-Family Office Platform
The ultra-wealthy are increasingly considering establishing single-family offices or availing themselves of multifamily offices.
04/27/2015
Wealth management unit of CIBC opens in West Palm Beach
“This strategic move is part of our ongoing plan to expand our business into key wealth markets throughout the nation,” said Jack Markwalter, chairman and CEO of the Atlanta-based company in a news release.
04/27/2015
Wealth Adviser: How Wealth Managers Lose Focus Down the Stretch
Private equity targets individual investors.
04/27/2015
Why Women’s Share of Wealth Will Grow
What’s behind this? It starts with baby boomers.
04/27/2015
UBS Grabs $1.3M Merrill Advisor
Merrill, also on the hunt for new recruits
04/24/2015
Top Multi-Family Offices and Wealth Advisor Firms are Breaking Away From the Pack
A new study from Family Office Exchange, a global membership organization of enterprise families and their key advisors, has revealed growing profitability among multi-family offices and wealth advisors and, at the same time, increasing divergence in prof
04/24/2015
Raymond James Head Says Proposed DOL Fiduciary Rule Would Hurt Many Investors
"Honestly, I believe (the proposal) will leave millions of people without the advice they're getting today," Paul Reilly, chief executive officer of the independent brokerage Raymond James Financial
04/24/2015
Financialisation Of The Art World Bad News For Many Artists
"This presents a tremendous opportunity for art financiers and wealth managers to provide a diverse range of art and wealth management services and thrive on the backs of some of the world's most affluent art collectors," she continued.
04/23/2015
Voices: Dean Hedeker, on a Way Around New IRA Rollover Restriction
IRS now restricts individuals to only one IRA rollover a year
04/23/2015
US wealth management firm gives itself two year window to decide to go public
wealth management firm does not disclose its value or specific financial numbers
04/23/2015
Banks Post Record Wealth Management Revenue in 2014
Bank holding companies generated $143.2 billion in wealth management income, up 6.5% from $134.6 billion in 2013. It was the most revenue they've ever produced since the data started to be tracked in 2007.
04/23/2015
Brazilian Banks Expand in Miami to Keep Up With Wealthy Clients
Wealthy Brazilians looking to escape recession, corruption scandals and political upheaval have long made Miami their destination of choice.
04/23/2015
New SSga CEO Ron O’Hanley Says Asset Allocation Is the New Active
Ronald O’Hanley aims to boost State Street Global Advisors’ allocation capabilities and raise the profile of the firm’s active
04/23/2015
Merrill chief says it’s time to work for clients
Under a fiduciary rule, all that goes away.
04/23/2015
CIBC Still Hunting for U.S. Wealth-Management Deals, CEO Says
CEO says bank eager to boost share price to bolster ability to do deals
04/22/2015
Raymond James Says Rebate Checks in the Mail
After Raymond James agreed to pay back clients who were wrongly sold more expensive classes of mutual funds, the firm made good on its promise, sending out checks to clients this week.