04/19/2013
State Street Q1 Income Up 8%
The asset management firm said net income in the first quarter totaled $443 million
Wealth and Asset Management
04/18/2013
New Family Office Launched
Announced the creation of Acadia Investment Management
04/17/2013
New Name Ahead for Genworth Financial Wealth Management
Genworth Financial Wealth Management will soon have new owners -- and a new name.
04/17/2013
Morgan Stanley posts $958 million profit as wealth management grows
The company's investment banking unit brought in less revenue from trading bonds and commodities
04/16/2013
Wealth management businesses performs well at Boston Private
"Our Wealth Management businesses performed well in the quarter," said Clayton G. Deutsch, CEO and President.
04/15/2013
Wealth management services provider to sell itself for about $1.01B
The New York firm is led by Jessica Bibliowicz, the daughter of former Citigroup CEO Sandy Weill.
04/15/2013
Face Time With Clients Priority for Wealth Management Firms
Wealth management firms want advisors to spend more time with clients
04/15/2013
Webster Bank Ups Revenue from Wealth Business
Webster Bank’s push to expand its wealth management business is making a difference in the bank’s financial performance
04/14/2013
Goldman Sachs chief Lloyd Blankfein paid $21m last year
Goldman Sachs chief Lloyd Blankfein saw his pay almost double to $21m (£13.67m) last year, making him the world's best paid banker
04/14/2013
Dearborn Partners Acquires NFP
After a thorough and rigorous process, and with the assistance of its legal and financial advisors, the special committee negotiated and recommended this transaction with Madison Dearborn to the full Board.
04/11/2013
CIBC to Acquire Atlantic Trust Private Wealth Management
The firm provides integrated wealth management solutions for high-net-worth individuals, families, foundations and endowments through a team of 235 relationship management, investment management, wealth strategies and support professionals.
04/10/2013
UHNW Anticipate Tax Hikes
Roughly 80 percent of the UHNW consider tax consequences when making financial decisions, ranking taxes, along with risk and diversification among their top three investment-selection criteria, according to our first-quarter study.
04/08/2013
Five Years Later, the High Net Worth are Still Angry
Most investors remain angry, but negative sentiment is strongest among the richest
04/07/2013
The House Always Wins—The Family Office Debunks Misinformation Trending in The Big Bank Game
Once it’s clear who the wealth manager is, determine who his or her clients are.
04/07/2013
Some wealth advisers take a fee for client fund assets
They are paying these financial advisers as much as 0.25 percent of the assets that their clients put into no-transaction-fee mutual funds.
04/07/2013
Trusts & Estates Practitioners With Heart Awards
Winners will be recognized in Trusts & Estates’ October Charitable Giving Supplement.
04/07/2013
Roger W Harrington Forms New Wealth Management Company, Harrington Capital Management, LLC
Roger's independent wealth management company will focus on serving clients looking for an advisor that will actively manage their assets while personalizing investment strategies.
04/07/2013
HNW Wealth WIll Rise 25% By 2016, Study Says
Wealth will increase by 25 percent, to $23.5 trillion, Timetric says.
04/07/2013
HighTower loses RIA with $1 billion of assets and Northern Trust street cred
She broke the HighTower mold somewhat for having an RIA, not coming from a wirehouse, and serving only 10 clients
04/04/2013
PwC Wealth Management Guru Financial Advisors Must Focus on Client Data Financial Planning
'Wealth managers need to "quantify" the trust clients are willing to place in them.'