09/11/2012
Wealth manager will stick with its rich digs
The 74-year-old firm renews its office lease with Central Park views, a terrace, a Fifth Avenue address and a triple-digit asking rent.
Wealth and Asset Management
09/11/2012
France’s biggest bank Details Plan to Expand U.S. Wealth Management
France’s biggest bank, embarked on a five-year plan to expand services to affluent U.S. clients as the company looks to businesses beyond its core European market for growth.
09/10/2012
The wealthy are 288 times richer than you
That trend is happening for two reasons: Not only are the rich getting richer, but the middle class is also getting poorer.
09/09/2012
Brown Advisory Receives "Premier Advisor" Designation
In 2011, fewer than 1% of advisors in the United States received the Premier Advisor designation.
09/09/2012
A Hot New Investing Trend Among Super Rich Families
There's a hot new trend coming out of family and wealth management offices around the country.
09/09/2012
JPMorgan Weighs Dimon Bonus Cut, Wall Street Journal Says
JPMorgan Chase & Co. (JPM), the biggest U.S. bank by assets, is considering cutting 2012 bonuses for senior managers including Chief Executive Officer Jamie Dimon, according to the Wall Street Journal.
09/06/2012
Where Millionaires Are Investing As 'Fiscal Cliff' Nears
Where are the millionaires among us putting their money?
09/06/2012
Large RIAs Buckingham and Founders to Merge
Agreement unites two strong RIAs; St. Louis powerhouse deepens Silicon Valley presence
09/06/2012
Bank of the West Opens Flagship Wealth Management Client Center in San Francisco
The center creates a space for a diverse group of professionals from the bank to work side by side to deliver integrated solutions to the financial issues that affluent and high net worth clients face.
09/06/2012
2012 Top Wealth Managers Revealed by AdvisorOne
12th annual ranking and survey celebrates wealth managers' success; offers unique insights into industry
09/06/2012
Sterne Agee strikes pact with Miami wealth management firm
Sterne Agee, one of the largest investment banks not based on Wall Street, will provide brokerage, custody and advisory services, along with financial research and banking and trust services.
09/06/2012
Goldman boosts private loans to wealthy
The private bank of Goldman Sachs is quietly beefing up its lending to wealthy individuals with a host of new loan products and credit offerings.
09/05/2012
2012 Top Wealth Managers Revealed by AdvisorOne
12th annual ranking and survey celebrates wealth managers' success; offers unique insights into industry
09/05/2012
Wealth Management Boutiques Beat Big Banks - Survey
Brown Brothers Harriman earns top honors with the highest LBSI score of 7.01, and ranks first on each of the four sub-categories.
09/05/2012
Morgan Stanley Attempts to Stem ‘Revolt’ in Wealth Management Unit
On Morgan Stanley (NYSE:MS) President Greg Fleming’s attempts to stem a broker revolt within the firm
09/05/2012
Top UHNW Donors Give Less Than a Quarter Percent of Their Net Worth to Super PACs - Wealth-X
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has revealed that top ultra high net worth donors give, on average, less than a quarter percent of their wealth to political causes.
09/04/2012
Virtus Investment Partners Announces Agreement to Acquire Rampart Investment Management
Firm specializes in customized options strategies
09/03/2012
Credit Suisse denies Swiss banks helping Germans dodge tax pact
German media have accused Swiss banks of telling German clients to shift money to Singapore, Asia's prominent finance centre, to avoid detection and taxation of their assets.
09/02/2012
Brokers could lose out as banks enter HNW
Formerly viewed as an area of little change, the HNW arena has undergone a period of well-documented developments.
09/02/2012
Family Property Means Managing for a Legacy
“The family generally has a unified opinion that this is a legacy asset”