12/11/2013
SunTrust to Sell Wealth Management Business for $245 Million
The buyers are a group of RidgeWorth employees and outside investors led by the private-equity firm Lightyear Capital
12/11/2013
The deal could be worth an additional $20 million beyond the $245 million sale price depending on the performance of certain RidgeWorth assets.
12/10/2013
Merrill Lynch Study Debunks Myth of Gender-based Differences in Investing Behavior
Myths about the innate differences between men and women when it comes to investing behavior and performance are debunked in a new research report published today by the Merrill Lynch Wealth Management Institute.
12/10/2013
Commitment to advisory services, sound recruitment strategies and organic growth are among keys to success in post-crisis world
12/10/2013
This year, the Frankfurt-based bank has seen turnover of New York-based executives as U.S. capital continues to leave Deutsche Bank's mutual funds, which are branded DWS Investments.
12/10/2013
U.S. Bank’s high-net-worth wealth management unit is sticking to its strategy despite a sudden change in leadership at the top.
12/10/2013
Following the merger, clients will enjoy access to an expanded team of professionals working together to meet their needs
12/09/2013
The Global Brands Awards are given to identify, acknowledge and reward key players that provide exceptional service and performance across different countries and sectors, including finance, education and technology.
12/09/2013
RiverStone Wealth Management oversees more than $400 million in client assets
12/09/2013
UBS has invested nearly $200 million to bring clients cutting-edge technology and industry expertise
12/09/2013
He will spearhead the research and development of banking, wealth planning, investment management and trust products across U.S. Bancorp's wealth management division.
12/09/2013
SAC Reaches Deal to Sell Reinsurance Firm
The billionaire trader Steven A. Cohen is one step closer to converting his onetime $15 billion hedge fund into a family office after a tentative deal to sell a reinsurance firm he formed in 2012.
12/07/2013
Wealthy Investors Boost Their Borrowing
With interest rates so low, some take on debt and invest the money
12/04/2013
Sales of equity solutions have rebounded and strong flows continued into balanced solutions, while the demand for income-generating solutions remained strong.
12/03/2013
RIAs Grew 8%, Other Advisory Channels Declined by More Than 1% between 2004 and 2012
"The RIA channel has been one of the most buzz-worthy trends in the financial advisory and asset management industry in recent years," states Bing Waldert, director at Cerulli. "RIAs are the sole growth story in a shrinking industry."
12/03/2013
Morgan Stanley's brokerage business historically focused on helping clients invest in stocks and bonds
12/03/2013
Gibraltar Private Bank & Trust, an integrated private banking and wealth management company, has been named Best Private Bank for the second year in a row by Daily Business Review's "Best of 2013."
12/03/2013
UBS announced today that the firm will assume the new role of Global Lead Partner of Art Basel
12/02/2013
Do Affluent Investors Get "Wealth Management"?
While two-thirds of Affluent investors overall say they are familiar with the term, there emerges a gap in understanding across net worth and gender
12/02/2013
A majority of Boomers and Gen X investors with a net worth over $1 million plan to invest in equities.