Managers of Wealth Americas

Morgan Stanley Just Instituted The Most Brutal Bonus Plan Wall Street Has Seen In Years

Morgan Stanley is deferring 100 percent of bonuses for top earners

Only 5% of Florida's wealthy grew up rich

"Each generation should be responsible for creating its own wealth."

Securities America Targets HNW Clients

One new initiative will be the establishment of a hedge fund platform.

Regions Picks Prudential's Wealth Platform for Its Institutional and Private Clients

"Our goal is to give our wealth advisors in the field all the tools they need to help our clients achieve their goals."

Goldman bankers set for bonus windfall as profits rise

Goldman is expected to have enjoyed a better final quarter of last year

Alternative Investment Choices of Older HNW Investors

Alternative investments help investors add diversity to a traditional portfolio of stock

The View from Goldman Sachs’ Private Wealth Unit

The bank’s ultra high net worth clients, Mossavar-Rahmani said, are “the only constituent that can afford to have a very long horizon.

The Rich Are In Control

The days of advisors independently managing vast sums for extremely wealthy investors are over.

Wealth management industry wary over year ahead

Retail investors still nursing 2008 wounds

Wells Fargo’s Wealth Unit Generates Double-Digit Earnings Growth

“2012 was an outstanding year for Wells Fargo.”

American Millionaires Show Tough Love to Heirs: Here's Help, But Make Your Own Way

Leaving a legacy includes money, but it's about much more than that, PNC survey finds

Umpqua Private Bank Expanding to Seattle and San Francisco

Umpqua Bank has announced that Umpqua Private Bank, first launched in 2009 in Portland, Oregon, will be expanding into Seattle and San Francisco.

Kleinwort Benson Investors announce strategic partnership for U.S. market

Financial terms of the agreement were not disclosed. The acquisition is expected to be completed early in 2013, subject to customary closing conditions and regulatory approval.

Highland Capital Management Merges with Argent Financial Group

The expanded Highland Capital team will provide oversight and ongoing management for all portfolio management functions of the combined firms.

Wealth-management firm Merriman sold to N.Y. firm

It was founded in 1983 by Paul Merriman.

Center Bancorp's private banking division inks strategic partnership

"The Private Banking Division at Union Center National Bank provides unparalleled personal attention and an exceptional range of products and services, such as this new partnership."

Focus Financial adds Seattle team with $1.5 bln assets

Independent advisory firm Merriman LLC joined Focus Financial on Dec. 31.

Forbes Family Trust Partners With Lenfest Family Office

"We look forward to sharing our combined global wealth and investment management experience with clients of Forbes Family Trust.”

Veteran broker departures shift $133 billion client assets in 2012

Unprecedented signing bonuses, cultural changes linked to acquisitions, a push to cross-sell company products, and a growing charm of joining regional outfits contributed to many of these exits which are likely to continue this year, recruiters and broke

Billionaires Gave Less To Charity In 2012

While billionaires may have eased up on their giving in 2012, it looks like they’ll be digging a little deeper into their pockets in the coming year.

Wealth and Asset Management