Managers of Wealth Americas

Wells Fargo Tweaks 2013 Comp Program for Brokers

The wirehouse broker-dealer adjusts one payout level and adds a bonus focused on client acquisitions

Liechtenstein private bank buys Clerestory, moves into real estate

Aiming to offer clients greater access to real estate expertise and investments, the new firm comprises the group's first major step into real estate investment, managing $25bn AUM on behalf of over 300 institutional clients.

MUFG to buy BofA Merrrill Lynch's stake in Japan private banking joint venture

Japan's biggest bank will buy Merrill Lynch's 49 percent stake in Mitsubishi UFJ Merrill Lynch PB Securities Co

Net Worth is Higher, but not Everyone Feels Better Off

More than 60 percent of Millionaires feel that their financial situation has improved over the last year

Millionaires Less Sensitive to Tax Hikes than Non-Millionaires

Millionaires are likely to see bigger tax increases in 2013 than non-Millionaire investors

Gold Grows Cold for Millionaires

Ultra wealthy investors appear highly unlikely to increase their investment in gold in 2013

HSBC Tops In Family Office Assets

Single family offices are not required to register with the U.S. Securities and Exchange Commission.

Mobile millionaires place family and quality of life above business interests - RBC Research

Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy

TD Bank acquisition to boost North American wealth business

TD Bank has been expanding aggressively in retail banking in the U.S. in recent years.

Private Banking Arm Helps Bank of America Boost Profits

Among the banks offering special treatment, for a fee, is Bank of America.

U.S. Bank opens Ascent ultra-high wealth family office

This isn’t for the moderately wealthy. Ascent targets clients with a minimum net worth of $50 million.

Are Wealth Managers Clinging to Old, Ineffective Investment Models?

Wealth managers, as a group, have not grasped the extent to which the financial markets have fundamentally changed in the wake of the 2008-2009 downturn, according to a survey of 130 wealth managers.

Brinton Eaton Joins Mariner Wealth Advisors

Nationally ranked by Barron's as a top independent wealth advisor, Mariner adds 13 wealth management professionals and continues to expand its national footprint

Vestmark Joins the American Banking Association

Increasingly Vestmark has been providing wealth management technology solutions to banks and leading investment managers that offer subadvisory services to banks and their wealth management clients

Washington Wealth to Reach $1B in Recruited AUM

"We are delighted that both California Wealth Transitions and Overlake Partners have chosen to partner with us."

U.S. multiple family offices' AUM increased 68% - RESEARCH

Assets under management for multiple family offices increased 68% between 2007 and 2011 to $777.3 billion, according to recent research released by Boston-based global research firm Cerulli Associates.

Geller appoints tax services business head

She will also play a key role as part of the executive team of Geller Family Office Services, the firm's family office and wealth advisory business, and help guide its strategic direction.

Krawcheck, possible SEC head, raises Washington image

For six months the former executive at Bank of America and Citigroup has been meeting with lawmakers on both sides of the aisle

If the US falls off the fiscal cliff, 315,000 millionaires go with it

From baseball players requesting their bonuses before Dec. 31 to millionaires lobbying for higher taxes on themselves, America’s wealthy are weighing in on the debate over the US “fiscal cliff.”

Wunderlich Securities buys Sanders Morris Harris’ wealth management branches

Thirty-five individuals will join Wunderlich, including 27 Financial Advisors with over $800 million in assets under administration.

Wealth and Asset Management