Managers of Wealth Americas

Morgan Stanley again targets wealth management margins above 20 pct

Morgan Stanley is targeting margins of 20 to 22 percent by 2015, assuming no change in interest rates or equity markets.

Total Alignment Wealth Advisors Launches Fee-Only Multi-Family Office

Prohibitions-Based, Fee-Only Model Ensures Independence of Financial Advice and Services

Isabel Benham, Woman Who Blazed Path on Wall Street, Dies at 103

She died May 18 in her New York City apartment, according to a death notice in the New York Times. No cause was given.

Global Private Banking and Wealth Management Professionals to Convene In Miami Forum in 2013

This event will tackle an array of crucial topics, including the impact of increased regulatory action and global tax transparency on your business model, your profitability and ultimately your clients.

Deutsche Bank’s Jain Courts Super-Rich in Wealth Management Race

Deutsche Bank AG co-Chief Executive Officer Anshu Jain said he and his top bankers are meeting with super-rich clients as Germany’s biggest bank fights to close the gap on the wealth units of UBS AG and Credit Suisse Group AG.

U.S. Household Worth Tops Pre-Recession Peak for First Time

Household wealth in the U.S. jumped to a record in the first quarter, exceeding its pre-recession peak for the first time, bolstered by gains in the stock and housing markets that are helping Americans mend finances.

Wealthy turn hedge funds into family offices

It remains to be seen how many more billionaire hedge funders will take advantage of the exemption.

Wealth management is key to the Africa franchise

Wealth in the Middle East and Africa (MEA) saw near-double-digit growth (9.1 percent). - Boston Consulting Group

Rothschild Sees Momentum as U.S. Firms Seek Global Acquisitions

David de Rothschild, chairman of Rothschild Group, said he expects the merger advisory business to continue to expand in the U.S. as companies seek expertise on global deals.

FIBA appoints new board

FIBA continues to stand for the best ideas and best practices in the financial industry

Goldman Sachs sets new standard for strategic philanthropy

Five years after it began, Goldman executives say that they have no plans to close shop.

BNY Mellon to Bring Private Banking Services to RIAs

The global leader in investment management and investment services, has forged an innovative arrangement between its Pershing Advisor Solutions group and BNY Mellon Private Banking

Bankers want twin-pronged attack on richest pickings

The two cultures seeking to work together couldn't be more different, however. Investment bankers are typically called on to close transactions quickly and have little patience for the delicacies of private banking, where it can take years to forge r

Chinese American Investors Comfortable with Current Financial Situation

Chinese-Americans are consistently more confident about their current and future financial situation compared to the US general population

Affluent Household Outlook Up Due to Millionaire Confidence

Affluent investors expressed the highest confidence in the Economy, followed by Household Assets

How Does Financial Literacy Affect Wealth?

Less affluent Investors surveyed wish they had saved more and taken on less debt prior to the financial crisis

Feeling Like Gatsby? Net Worth Hits Another Record

Americans’ wealth continued its snapback from the financial crisis in the first quarter

Wealth management bankers also in higher demand in Houston

Seasoned commercial lenders aren’t the only kind of banker in high demand in Houston.

Fleming opens Morgan Stanley's wallet

"We are driving growth and the top line rather than primarily on the expense side of the equation.

Credit Suisse Seeks to Boost Profits in U.S., Europe Wealth Unit

Credit Suisse Group AG, Switzerland’s second-biggest bank, is working to boost profitability of its wealth-management businesses in the U.S. and western Europe

Wealth and Asset Management