Managers of Wealth Americas

BBVA Compass opens Miami office

The bank's Commercial, Domestic Wealth Management and International Wealth Management representatives will provide a range of financial products.

World UHNW Population Loses US$480 Billion

Wealth-X has launched the latest edition of its World Ultra Wealth Report.

Leading Swiss Private bank to reveal more data, staff names in US tax probe

For the first time, Credit Suisse employees will be told before their names are disclosed to U.S. officials, a bank spokesman said, after previous transfers of information by banks drew criticism.

Pandit’s Censured Bonus Unhurt by Smith Barney Writedown

Citigroup Inc.’s $4.7 billion pretax writedown of its Morgan Stanley Smith Barney stake probably won’t reduce a profit-sharing plan’s award for Chief Executive Officer Vikram Pandit that could total $24 million.

Approaches to wealth management vary by fortune

Millionaires are most likely to seek the services of a full-service broker, but those at the very top of the wealth pyramid are looking for different types of advice, according to the latest Millionaire Corner study, $25 Million Plus Investor 2012.

Germany’s oldest privately owned bank to expand in US

Germany’s oldest privately owned bank is seeking to add sales staff to its two-strong New York office, as the head of its UK operations suggested that US investors could return to European equities “very quickly” in the right conditions.

Family offices/foundations allocate average 21% of portfolio to hedge funds - RESEARCH

Infovest21’s family office/foundation survey explores single family office, multiple family office and foundations’ views of hedge funds and funds of funds.

Credit Suisse clients may withdraw $37 billion over tax in next few years

Credit Suisse could see clients in western Europe withdraw up to a net $37 billion in the next few years as Switzerland bows to pressure to stop foreigners using secret offshore accounts to evade taxes.

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.

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.

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.

Brown Advisory Receives "Premier Advisor" Designation

In 2011, fewer than 1% of advisors in the United States received the Premier Advisor designation.

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.

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.

Where Millionaires Are Investing As 'Fiscal Cliff' Nears

Where are the millionaires among us putting their money?

Large RIAs Buckingham and Founders to Merge

Agreement unites two strong RIAs; St. Louis powerhouse deepens Silicon Valley presence

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.

2012 Top Wealth Managers Revealed by AdvisorOne

12th annual ranking and survey celebrates wealth managers' success; offers unique insights into industry

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.

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.

Wealth and Asset Management