05/13/2014
Dallas wealth management firms merge
As part of the merger, RGT will retain SCM Advisors’ staff and will assume client assets of $600 million
Wealth and Asset Management
05/13/2014
Wharton and Chubb Establish High-Net-Worth Insurance Advisor Certification for Agents
The Chubb Group of Insurance Companies and the Aresty Institute of Executive Education at the Wharton School have created an educational program that will help select agents and brokers better understand the risk management and insurance needs of their h
05/12/2014
AllianceBernstein Announces April 30, 2014 Assets Under Management
AllianceBernstein L.P. and AllianceBernstein Holding L.P. today announced that preliminary assets under management increased to $457 billion during April 2014 from $454 billion at the end of March.
05/09/2014
Schwab wins $740-million team
Integrated Wealth Management nabbed The Cypress Group from Morgan Stanley after putting Tamarac in place
05/08/2014
J O Hambro Capital Management Selects Advisers Investment Trust
Asset manager J O Hambro Capital Management Limited based in London, has selected the Advisers Investment Trust for their U.S. mutual fund products.
05/07/2014
WE Family Offices Ranks Among Top 50 Wealth Managers In Forbes
WE Family Offices is a family-focused wealth management firm
05/07/2014
Will HighTower be the next Raymond James?
Fresh off of adding a new platform earlier this year, HighTower Advisors chief executive Elliott Weissbluth now compares the firm's growing reach to perhaps an unlikely rival — Raymond James Financial Inc.
05/06/2014
Investment Outsourcing Grows at Northern Trust
Northern Trust Corporation is a leading provider of investment management
05/06/2014
Regions Bank launches Wealth Insights
Specific topics addressed by Wealth Insights publications include retirement, taxes and estate planning
05/06/2014
UBS sets new cost target in U.S. wealth business
UBS AG has set tighter expense control targets for its Americas wealth management business, Switzerland's biggest bank said Tuesday as it reported a 7 percent rise in first-quarter net profit prompted by lower taxes and cost-cutting.
05/05/2014
Suisse execs clashed
Disagreement at senior levels
05/05/2014
Ares Falls in Debut After First Private-Equity IPO Since ’12
Los Angeles-based Ares touted a model that’s more focused on predictable management fees than its peers, which derive a greater percentage of revenue from investment profits.
05/04/2014
Ameriprise Financial Reports First Quarter 2014 Results
Ameriprise Financial, Inc. reported first quarter 2014 net income of $401 million, or $2.01 per diluted share. In a release on April 28, the Company noted that operating earnings were $407 million, up 20 percent from a year ago, with operating earnings pe
05/03/2014
Melville Straus, Money Manager With Passion for Arts, Dies at 75
He was chairman of the American Ballet Theatre from 1982 to 1990, treasurer-secretary of Independent Curators International and served as a member of the Contemporary Arts Council of the Museum of Modern Art.
05/02/2014
YOUR PRACTICE- Why financial advisers should choose a niche
The higher the net worth of the clients served, the more critical specialization is. BofA's U.S. Trust unit, for example, requires private bankers to "choose a major" to help attract ultra high net worth clients.
05/02/2014
US-based wealth management giant closes financial planning division in India
The spokesperson clarified that only the financial planning arm of the company was being shut down
05/01/2014
UBS Wealth Management Americas Introduces Innovative Educational Portal for Equity Compensation Plan Participants
UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide
05/01/2014
Bryn Mawr Wealth Assets Reach $7.4 Billion
We were pleased to see the continued increase in our quarterly earnings
05/01/2014
DZH Phillips Wealth Management launches
Collaboration with CPA-based financial advisory firm deepens its holistic approach to wealth management
05/01/2014
One of the most significant, but largely unnoticed changes occurring in the wealth management industry right now...
Charles Schwab, is in the early stages of creating an owner-operator model for some of its branches.