10/29/2013
Morgan Stanley Said to Take Stake in Japanese wealth-management business
New York-based Morgan Stanley will provide research and investment products when the partnership takes effect in January, the person said. Terms of the agreement weren’t immediately available.
10/28/2013
Lower Client Activity Weighs on UBS Americas Wealth Business
UBS’s third-quarter adjusted¹ profit before tax of CHF 484 million achieved in a challenging environment
10/23/2013
Five long-time members of Scarborough Capital Management paid founder Mike Scarborough more than $10 million to buy the 24-year-old firm with $7 million in annual revenue.
10/23/2013
Data from Findawealthmanager.com revealed that while private clients were feeling negative about the rise of house prices compared to wage growth
10/23/2013
It’s not uncommon for good advisors to get fired, as compliance departments become more vigilant. But there is life after termination.
10/23/2013
Analysis by Aite Group has pointed to a growing desire by Switzerland based wealth managers to reconnect with US clients
10/22/2013
Investors across all wealth segments reported higher levels of satisfaction with their advisors
10/22/2013
Results this quarter were lifted by a beneficial tax rate
10/22/2013
The looming extinction of the Asian elephant population seems to be unheard of in the U.S.
10/21/2013
There were more than 80 nominees in all, and it was an extraordinary privilege for our committee to winnow the list of deserving nominees down to just a handful of Awards recipients.
10/20/2013
In some countries where commissions have been banned, advisors are struggling to be profitable, while others are simply exiting the business
10/18/2013
As equity markets hit all-time highs again, investors haven’t forgotten the 2008 market meltdown that resulted in a 40 percent loss.
10/17/2013
Morgan Stanley, which has made a bigger bet on wealth management than any other major U.S. investment or commercial bank
10/17/2013
The new brand reflects the company's significant and on-going commitment to the business
10/16/2013
Swiss Private Bank To Close Over IRS Investigation
The bank is one of 14 under investigation for allegedly helping Americans evade taxes.
10/16/2013
Raymond James recently recruited the firm Provenance Wealth Advisors consisting of 10 advisors and 14 registered associates
10/15/2013
This means plotting such a scenario in the current globalised world is nigh on impossible, albeit it is clear the impact would be colossal.
10/15/2013
Wealth management firm Northern Trust said Wednesday that its third-quarter net income climbed 16 percent as it made more money from fees and benefited from a gain on an office building sale.
10/15/2013
Bank of America’s global wealth & investment management unit on Wednesday reported record-setting quarter in assets under management and fees earned, even as advisor headcount and productivity dipped.
10/15/2013
SCBT announced today that David Kirkpatrick has joined its Wealth Management Group as senior vice president and portfolio manager.