Managers of Wealth Americas

Baby Boomers to kids: Inheritance? Maybe not

Most young, wealthy Americans believe it's important to pass money on to their heirs. They may be disappointed to learn that their parents don't feel the same way.

Advice for Global Bank CEOs

Strategic planning is back. With so much uncertainty, bank CEOs need to rethink where their institution adds value to customers, who those customers are today and who they might be in the future.

Leading Swiss private banking group in WM acquisitions talks

Given the early stage of these discussions, the outcome is entirely open.

Emeralds seek the 'De Beers' treatment

In Colombia, the world's largest producer of raw emeralds, the story told by Casas is no anomaly.

Smith Barney unit to be called Morgan Stanley Wealth Management

Speaking to investors at the company's U.S. Financials Conference in New York, Mr. Gorman for the first time acknowledged a name change for the brokerage will occur.

The collapse of American wealth, in one chart

A great deal of the drop came from the collapse of housing wealth after the bubble burst — median home equity dropped 42 percent between 2007 and 2010.

Firing Private Bankers Is Far More Difficult Than Clients Imagine

Structured notes, hedge funds, hedge fund of funds and other high risk investment products lack transparency and liquidity and are hard-to-value assets.

Buffett charity lunch exceeds $500,000 in auction

The winner, who wasn't immediately identified, and seven companions get to dine with Buffett at the Smith & Wollensky steakhouse in New York.

Latest UBS move seen as sign Americas unit won't be sold

Although the move itself isn't earth-shattering news, the action represents yet another signal that the bank has no intention of selling its U.S. operation, according to Alois Pirker, research director for consultant Aite Group LLC.

Only 19% of treasure assets owned by wealthy individuals globally are held for financial motivations, according to new Barclays report

Only 19% of treasure assets - which include items such as precious jewellery, fine art, antique furniture, classic automobiles and precious metals - are held for financial motivations , according to the latest report in the Wealth Insights series from Bar

Raymond James recruits veteran financial advisor

Raymond James pioneered the concept of financial planning in the 1960s, at a time when other firms were focused on just selling investments. Financial planning, as founder Bob James came to practice it, had to begin with listening to clients and accuratel

SEC Fines Oppenheimerfunds $35M Over Misleading Statements

Oppenheimer agreed to pay more than $35 million to settle the SEC’s charges.

US bonus culture limits equity returns

U.S. corporations are holding a record $1.74 trillion in liquid assets, according to the Federal Reserve's quarterly "flow of funds" report released on Th ursday.

UBS Launches Elevating Entrepreneurs in Chicago Metropolitan Area

Small business owners to receive six months of pro bono strategic financial and business advice; UBS provides $5 million for small business loans in the Chicago area

Wine Industry Banker Joins Bank of the West's Premium Wine Group

Clark joins a team of eight wine industry and agribusiness bankers in the bank's Premium Wine Group.

Blanked Bankers Double as Firms Omit Bonuses, Study Says

The percentage of employees who weren't given an annual award rose from 6 percent in 2010, a report yesterday from the New York-based company said.

FOX Certifies List of Leading Wealth Advisors

Whereas 20 years ago building a coordinated network of resources meant establishing a private family office, a new class of advisors has arisen that provides these integrated services in a comprehensive manner. In order to help private investors recognize

Wealth and Asset Management