07/11/2012
LPL Opens Up Model Wealth Portfolio Platform to Mass Affluent Investors
Overall, this platform grew by almost 73% this year as of March 31 over last year to $8.7 billion.
Wealth and Asset Management
07/09/2012
Wealthy families may have more money than most but.....
While an overwhelming majority of those polled said their spouse/partner is comfortable with how financial decisions are made, 1 in 5 said that they feel their spouse/partner is stressed by their lead or participation in the process, with several notable
07/09/2012
Mariner Wealth acquires interest in Omaha firm
Brings experienced wealth professionals and expands Mariner's national footprint
07/08/2012
In an Unusual Tax Year, the Wealthy Turn to Partnerships
A FAMILY limited partnership was once a rather esoteric way for wealthy families to centralize the management of real estate and various pots of money. But this is not a normal tax year.
07/08/2012
Orlando Wealth Management firm wins industry recognition
"We have a passion for making a difference in people's lives and look forward to continuing to provide our clients with the highest level of expertise and customer service for many years to come,"
07/08/2012
Aberdeen Supports Its Scottish Open Sponsorship With TV Commercial
Aberdeen Asset Management is supporting its sponsorship of the Scottish Open with a 30 second television advertising campaign that will run in the United States, UK, and Europe.
07/08/2012
Buffett Makes Annual Donation To Bill Gates Foundation
Warren Buffett, the billionaire who pledged to donate most of his wealth to charity, contributed stock valued at $1.52 billion in his annual gift to the foundation created by Microsoft Corp. co-founder Bill Gates.
07/05/2012
Wanted: female financial advisers
Women are significantly under-represented in the financial planning profession, with only one quarter of financial planners being female. So what are we doing to correct this imbalance?
07/05/2012
Scotia Private Client Group launches new investment solution for HNW clients
Under the management of Scotia Asset Management, each fund within Scotia Private Client Group Pools will be offered as a separate class of shares within the corporation. Investors can switch from one class of shares to another without triggering an immedi
07/05/2012
Defecting US brokers bring along $59 billion assets
“We’re seeing bigger teams now making bold moves and moving to another wirehouse or out of the space completely,” said Alois Pirker, research director at the Boston-based Aite Group, which studies wealth management trends.
07/05/2012
Global Corporate Giving Initiative Answers Question, “What Counts?”
The Global Guide provides corporations with a much needed tool to allow more efficient measurement of corporate giving on a global scale.
07/04/2012
Preserving wealth most important aspect of managing investments - study
The study, which focused on three key topics -- structure, investing, and succession and governance planning -- was conducted to find out more about what motivates family offices and to provide a collective insight to help family offices learn from each o
07/03/2012
Barclays resignations rattle U.S. wealth unit
The venerable British bank was halfway toward completing a $500 million, five-year plan to build a brokerage franchise aimed at wealthy Americans when Robert Diamond, the Massachusetts-born chief executive who authorized the plan, resigned.
07/03/2012
America's wealth gap -- in 1776
All the talk of the 1 percent and the 99 around Independence Hall got us wondering.
07/03/2012
Banks Generate $118 Billion in Wealth Management Income
The increase comes despite a lackluster fourth quarter in which wealth management income swooned to $26.11 billion, down 17.8% from $31.75 billion the year before and the industry’s weakest quarter since the beginning of 2009.
07/03/2012
What does responsibility mean to the wealthy? - Research
New insight from hundreds of HNWs across Germany, Russia, the UK and the USA has engagement with the major driving forces of change as a wealth of creating wealth.
07/02/2012
Tiger 21 Expands Peer-to-Peer Feedback Program
Since the organization's inception, the Portfolio Defense has become a major part of the membership experience – so much so that TIGER 21 registered "Portfolio Defense" as a trademark in 2009.
07/02/2012
City National Bank Completes Acquisition of Rochdale Investment Management
Rochdale will combine with City National Asset Management to form a new registered investment advisor within the bank's wealth management group
07/01/2012
Global Wealth Makes Its Move
Private wealth fell 0.9% to $38 trillion in North America in 2011, yet rose 10.7% to $23.7 trillion in the Asia-Pacific region. Welcome to the new reality of a so-called "two-speed world."
06/28/2012
Rockefeller Asset Management Becomes A Signatory To United Nations Principles for Responsible Investment
The Firm remains well-recognized in the investment community with an internal team of professionals dedicated to its efforts in the area.