Managers of Wealth Americas

Ultra-Wealthy Families Made Tactical, Not Strategic Changes Post-2008

The survey, which was conducted in 2011, involved 40 single-family offices in the U.S. and Europe whose median asset size was $534 million.

Ultra-Wealthy Families Made Tactical, Not Strategic Changes Post-2008

The survey, which was conducted in 2011, involved 40 single-family offices in the U.S. and Europe whose median asset size was $534 million.

Social Media in Wealth Management: The Evolving Role of Social Tools for Superior Customer Experience

The crisis of 2008 and the economic recession following it affected the perception investors have about wealth managers and financial services providers, leading to lower levels of trust. Therefore firms have to be more proactive and dynamic with their cu

Major wealth group’s profits plummet 37pc

The Global Wealth Management Group reported $244 million in pre-tax income for the fourth quarter, down 37% from the $390 million the firm earned in the fourth quarter of 2010. At the same time, its pre-tax income of $1.3 billion for all of 2011 represent

Trinity Fund Administration Expands in New York

The New York office will be primarily a local contact point enabling the firm to better facilitate its North American clients and business partners.

UHNW families move to tighten risk management practices, focus on liquidity - study

That's according to a survey of 40 single family offices in the U.S. and Europe conducted in 2011 by Cambridge Associates, the global provider of independent investment advice and research to institutional and private investors.

The Future For Ex-Bank of America Exec Sallie Krawcheck

In a conversation on the state of the financial industry and global leadership today, Krawcheck shared with her usual humor that she’s “had the most dramatic career” of anyone she knows. With her high-profile departures from both Citi an

Porte Brown Wealth Management Wins Top Awards for 2011

This year, 1st Global partner firms were inspired to discover their next act by world-class speakers. Michael E. Gerber, author of multiple E-Myth books, challenged everyone to start working ON their business not simply IN it. Diana Nyad spoke of her dete

UK private client wealth management business changes hands

Raymond James Financial now owns 100% of UK subsidiary Raymond James Investment Services (RJIS) following the acquisition of Killik & Co’s 25% stake in the UK private client wealth management business.

Wells Fargo reports income up, assets down

Even so the diversified banking and financial services firm, which operates more than 6,000 retail branches, said net income in those businesses increased significantly.

Over half of single-family offices now using concierge healthcare providers - study

New Survey Reveals That Over 90 Percent of Ultra-Wealthy Families View Access to Emergency Medical Care as a Top Priority

Cornerstone Advisors expands wealth mgmt services

As an extension of Cornerstone's nearly three decades of work with ultra high net worth individuals and families, RISE unites the firm's investment strategy expertise and insights into donor expectations to bring comprehensive services to privat

2012 Futurewealth Report: A Customer Revolution

Pioneering Survey of 3,300 HNWs Concludes Redefining the Wealth Management Customer Journey Is Now Critical to Success

Bank of America puts its advertising account in review

Bank of America says it wants to rethink how it advertises to consumers taking note of the huge shifts in the economy — and its own fortunes — since 2005, the last time it reviewed its ad assignments.

Switzerland eyes tax deals, US talks 'not so easy'

Switzerland has already agreed to allow tax evasion investigations with countries including the United States and Germany, and struck deals with Germany and Britain to enable them to claw taxes back from their nationals.

Raymond James statement on Morgan Keegan deal

“While our preference is generally organic growth, we have used strategic mergers to grow throughout our history when the timing and pricing are right and, most importantly, when there is a strong cultural fit and clear path for integration,”

Fidelity rolls out iPad app for RIAs, family offices

RIAs and family office advisors who download it from Apple’s App Store can customize their preferences to view clients’ accounts and orders, access stock quotes and analysis and view and filter alerts before or during client visits on their iP

Legg Mason reports AUM for Dec

Legg Mason, Inc. reported preliminary assets under management of $627 billion as of December 31, 2011.

IRS Extends Amnesty for Taxpayers with Unreported Offshore Accounts

Tax attorney Brian Mahany said the amnesty program offers another opportunity for people with unreported foreign income or accounts to avoid jail and high penalties. "The IRS has been relentless in recent months about finding people who failed to rep

First Citizens Asset goes international

FCAM’s GM also said investors should be taking advantage of the current economic woes abroad to invest in companies that will surely increase in value once the global economy improves.

Wealth and Asset Management