06/30/2013
Security Study Finds Gaps at Family Offices
Sustainability issues for private families, data loss due to computer failure, and fraud or other loss related to transfer of client funds
06/30/2013
Acquisition Establishes Envestnet as the Financial Service Industry's Largest Independent Wealth Management Platform
06/30/2013
The acquisition was accomplished by merging The Private Bank of California into Beach
06/26/2013
Wealth managers are putting more client money into mutual funds that use hedge-fund strategies
06/26/2013
Wealth manages struggling with transformational change
These dynamics are further compounded by shifting demographics and existing challenges around operations, technology, and talent management.
06/26/2013
There are significant challenges facing wealthy families today as they think about provisioning the kinds of services they require
06/26/2013
Signature Bank in N.Y. Hires Citgroup Private Banking Team
Signature Bank (SBNY) in New York City has hired a private-client team from Citigroup (NYSE: C) and added two more bankers to head its existing groups.
06/25/2013
First American expatriates were told that their bank accounts weren’t welcome, either in the US or in their new countries of residence
06/23/2013
Cantor Fitzgerald Wealth Partners will cater to people with at least $5 million to invest, with an emphasis on those with $50 million, said Stan Gregor, co-chief executive of the new unit, in an e-mailed statement.
06/23/2013
American citizens living in the UK are struggling to get financial advice as private client and wealth managers turn away clients with links to the US.
06/23/2013
The Credit Suisse bank is to disclose the names of more of its staff to the United States authorities
06/23/2013
The firm had been waiting for months for the government to grant approval to buy the remaining stake,
06/23/2013
The new services come in advance of the roll out of the Mercer Advisor Portal
06/20/2013
Los Angeles Wealth Management firm, “Wealth & Income Management Group” expands services and locations to better support its clients.
06/20/2013
The government bill, supported by Swiss banks, was aimed at helping firms not yet part of the U.S. probe avoid an indictment like that of Wegelin & Co.,
06/20/2013
“Montecito Bank & Trust is dedicated to providing our clients with complete wealth solutions and a world class experience.
06/20/2013
It is the largest U.S. brokerage by adviser headcount and client assets.
06/19/2013
RJF client assets under administration in May rose 14% from a year earlier and edged up 0.2% from the prior month
06/18/2013
"This recognition is a credit to our dedicated professionals, who are committed to serving as long-term, trusted advisors for our clients."
06/18/2013
We continue to execute on our cost savings initiatives following the Morgan Keegan integration.