01/07/2014
Independent wealth management firms expands credit with access to $550 Million facility
The new facility can be increased by $150 million through the utilization of an accordion feature, expanding the facility to $550 million.
01/07/2014
International investments are attractive to more than one-quarter of Millionaires who plan to make new investments in 2014.
01/07/2014
RBC Dominion Securities, the retail brokerage arm of the Royal Bank of Canada, has emerged as the winner of the first major broker transfer of 2014.
01/06/2014
CIBC CM announced today that it has completed the acquisition of Atlantic Trust Private Wealth Management
01/06/2014
How can family offices and financial advisors help wealthy families maintain their fortunes?
01/02/2014
The investment works as a contract between New York State and a private charity, the Center for Employment Opportunities.
01/01/2014
The Top 40 Advisors Under 40
Ranking advisors based on their AUM makes less sense as advisors generate more of their revenue from things other than managing client assets.
12/31/2013
Managing Family Offices … Risky Business?
How directors and officers can mitigate the liability stemming from their fiduciary duties
12/27/2013
Wells Fargo, BofA hunt talent to serve wealthy
At Wells Fargo, one of the biggest challenges has been to find candidates to add 2,000 financial advisers at its branches, according to RBC Capital banking analyst Joe Morford in San Francisco.
12/27/2013
Swiss private bank Lombard Odier signs up to U.S. tax deal
The Geneva-based bank with 203 billion Swiss francs $227 billion (£137.65 billion) in client assets is the biggest privately-held firm so far to say publicly it will take part in a government-brokered scheme to make amends for aiding tax evasion.
12/27/2013
Advisors Getting It Wrong on 'Wealth Management'?
A new report finds that advisors, investors and financial providers have been using the term inconsistently -- and perhaps incorrectly.
12/26/2013
Asset management firm recognized for its research driven quantitative approach to managing risk at aiCIO’s 4th Annual Industry Innovation Awards in New York
12/24/2013
Banks in Switzerland, the largest cross-border financial center with $2.2 trillion of assets, are closely examining accounts before joining a disclosure programme that's the broadest assault in a five-year US crackdown on offshore tax evasion.
12/23/2013
DeVoe & Company acted as a consultant to Pillar Financial Advisors and Argent Wealth Management, providing business strategy guidance to help the organizations evaluate a proposed merger.
12/23/2013
Around 40 of Switzerland’s some 300 banks have already said publicly they will take part in a US programme set up to allow Swiss financial institutions to avoid US prosecution in exchange for coming clean and possibly paying steep fines.
12/20/2013
Seventy-seven percent of male investors are familiar with the term "wealth management'' while only 63 percent of females are familiar with it.
12/20/2013
Morgan Stanley, Bank of America Corp's Merrill Lynch and UBS AG's U.S. brokerage unit unveiled plans two weeks ago that reward asset gathering, encourage brokers to work in teams and toughened revenue targets for lower-tier advisers.
12/18/2013
Total securities commissions and fees of $253 million were up 6.5 percent over last year’s November but down 4.8 percent versus the preceding month on fewer trading days.
12/18/2013
Tiedemann Wealth Management, founded in 1999 and led by President Craig Smith, oversees more than $8 bilion in assets for about 130 clients.
12/16/2013
BNY Mellon Introduces Fee Management Service for Asset Managers
The offering, serviced through BNY Mellon's transfer agency group, has been designed to help asset managers understand the services they are receiving for the fees they pay to broker-dealers.