Managers of Wealth Americas

No Country for Rich Men

Saverin has plenty of company. The number of Americans who formally renounced their U.S. citizenship soared to 1,780 last year from 235 in 2008.

Should the Super Rich Be Richer?

In the past few days, the fight was just sparked in a very interesting direction by TED censoring one of its own talks about U.S. inequality and publicity for the soon-to-be-published book by Mitt Romney's former right-hand man at Bain Capital, Edwar

Nearly 80 Percent Of Financial Advisors Are Interested In Multifamily Office Model - Research

The Rothstein Kass Family Office Group have announced the release of “The Family Office Model: A Smart Move for the Financial Advisor?” a comprehensive study examining how traditional financial advisors are confronting the growing demand for f

New FOX Workshop to Help Private Investors Improve their Wealth Management Process

Family Office Exchange has announced a new workshop for families with more than $20 million in investable assets who need to establish formalized processes for managing their wealth.

Bank Of Montreal Looks To Singapore For Wealth Operations

The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.

Barclays expands its wealth and investment mgmt team in New York

Mark Leyton joins Barclays as a Managing Director from Deutsche Bank's Private Wealth Management division.

Ultra-Wealthy Will Transfer $27 Trillion by 2050

Most next-generation respondents (79%) consider “being a good steward” of their families’ wealth very important, and the survey found many wished for more involvement.

RBC, Credit Suisse among bidders for BofA wealth units

The deal would be the biggest in the wealth management industry since ING Group sold its private banking assets in Europe and Asia in 2010

Steven Douglas Associates Expands Wealth Management Division

Steven Douglas Associates is proud to announce that Jon Duncan and Mitch Lillie have joined the firm as Vice Presidents in the Wealth Management Search Division.

No country for rich men

From Manhattan to Monaco, the world's wealthiest people are disconnecting into a class of stateless transients.

LPL Nabs $560M Team

LPL Financial announced that it has lured The Botsford Group, a regional advisory firm, to its wealth management platform, the company announced.

Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPO

Facebook plans to raise as much as $11.8 billion through the IPO, the biggest in history for an Internet company.

Family Office Exchange Expands Its Audience

New FOX Wealth Center website offers non-members access to proprietary FOX research for the first time

Vestra Wealth to launch DFM aimed at IFAs' US clients

Vestra’s new service will be available to IFAs to outsource to once permission comes through from the US regulator, the US Securities and Exchange Commission.

Sun Life CEO sees fit with ING's Asian assets

ING said in January it plans to sell its Asian insurance and investment businesses.

Broker LPL venturing into little-loved mass market

LPL's new venture is in the early stages of development, but the Boston-based company says it will hire and train a network of self-employed advisers to offer investment advice to mass market consumers, defined by Cerulli Associates as those with les

The Wealthy Are Saving Much More Than They Are Spending

The study of 1,268 affluent and wealthy consumers tracks the attitudes, lifestyles, luxury category spending patterns and financial services participation in this demographic. Among its findings:

Credit Suisse makes senior management changes

Credit Suisse today ( May 11) announced the following changes to its Executive Board, effective May 31, 2012.

Top 21pc of bankers make up 46pc of Merrill's earnings

Nearly 46 per cent of the revenue received by Merrill Lynch's Global Wealth Management unit last year came from just 21 per cent of its top-producing brokers, about 2,500 people, according to copies of the reports reviewed by Reuters.

SunTrust in talks to sell RidgeWorth

RidgeWorth has $48.6 billion (30.11 billion pounds) in assets under management, according to the firm's Web site.

Wealth and Asset Management