09/23/2012
The new offering, called Hedge Fund Select, is similar to products that other big brokers like Morgan Stanley, Citigroup Inc and Bank of America Corp's Merrill Lynch division have offered for many years.
09/23/2012
According to a poll of the 150 attendees of the Forbes 400 Summit on Philanthropy, sponsored by Credit Suisse, 56 percent of the billionaires present said that “taxes impact our philanthropic giving.”
09/23/2012
The consolidation of branches will allow Canaccord to better service its private clients by concentrating its support resources and capital investments in client service activities in its key markets.
09/20/2012
Harris Private Bank earned a Top Five ranking in the 2012 Luxury Institute Wealth Management Survey, which polled 500 high-net worth Americans with a minimum net worth of $5 million for their thoughts on the quality, exclusivity, social status, and client
09/20/2012
BNY Mellon has announced that it has won an Industry Innovation Award for 'Custody-Asset Management Servicing' from aiCIO magazine.
09/20/2012
Based in Waltham, Massachusetts, the firm applies an integrated approach to advising on investments, financial planning, and other financial services for intergenerational families.
09/20/2012
Reputation for honesty and first-class service advantage smaller wealth managers
09/18/2012
Eleven more wealthy families and individuals have joined Bill Gates and Warren Buffett in promising to give away at least half of their wealth.
09/17/2012
“We have lost a great friend and partner,” Brown Advisory CEO Michael D. Hankin emailed his staff on Saturday.
09/17/2012
Today, Allianz unveiled the third edition of its "Global Wealth Report", which puts the asset and debt situation of private households in more than 50 countries under the microscope.
09/16/2012
The report, titled Capturing Growth in Adverse Times: Global Asset Management 2012, provides the findings of BCG's tenth annual study of the worldwide asset-management industry.
09/16/2012
RBC has also made a number of leadership changes recently to reflect those priorities.
09/16/2012
The bank's Commercial, Domestic Wealth Management and International Wealth Management representatives will provide a range of financial products.
09/16/2012
Wealth-X has launched the latest edition of its World Ultra Wealth Report.
09/16/2012
Leading Swiss Private bank to reveal more data, staff names in US tax probe
For the first time, Credit Suisse employees will be told before their names are disclosed to U.S. officials, a bank spokesman said, after previous transfers of information by banks drew criticism.
09/16/2012
Citigroup Inc.’s $4.7 billion pretax writedown of its Morgan Stanley Smith Barney stake probably won’t reduce a profit-sharing plan’s award for Chief Executive Officer Vikram Pandit that could total $24 million.
09/13/2012
Millionaires are most likely to seek the services of a full-service broker, but those at the very top of the wealth pyramid are looking for different types of advice, according to the latest Millionaire Corner study, $25 Million Plus Investor 2012.
09/12/2012
Germany’s oldest privately owned bank to expand in US
Germany’s oldest privately owned bank is seeking to add sales staff to its two-strong New York office, as the head of its UK operations suggested that US investors could return to European equities “very quickly” in the right conditions.
09/12/2012
Infovest21’s family office/foundation survey explores single family office, multiple family office and foundations’ views of hedge funds and funds of funds.
09/12/2012
Credit Suisse could see clients in western Europe withdraw up to a net $37 billion in the next few years as Switzerland bows to pressure to stop foreigners using secret offshore accounts to evade taxes.