Managers of Wealth Americas

Brown Advisory targets D.C. area for growth

Brown Advisory, one of Baltimore’s largest money management firms, is looking at the Washington area to help drive its growth.

JPMorgan Investment Bank Chief Widens Pay Lead on Rival

The 55-year-old executives, who received almost the same amount for 2010, saw their pay diverge as the firms navigated turmoil created by the European debt crisis.

Family Investment Funds Go Hunting for Wall St. Expertise

Family offices have quietly handled the financial affairs of the nation’s wealthiest households for generations, privately playing the role of money manager and life planner to the likes of the Rockefellers and the Mellons.

Heirs to Old Money Plunge Into Tech

The old money crowd has found the new, new thing.

“What Asset-Liability Strategy for Sovereign Wealth Funds?” - EDHEC Research

The survey presents the results of the Deutsche Bank research chair’s foundation paper – a dynamic asset-liability management (ALM) model developed to guide asset allocation and risk management decisions at the SWF level, and describes the res

Veteran Merrill Lynch adviser goes independent

Pritchard left the brokerage, now owned by Bank of America Corp, in late March to set up his own practice with Concert Wealth Management, a start-up firm that works with independent advisers. He managed $100 million in client assets at Merrill.

UBS Pays Brokers Top Dollar To Join Wealth Management Unit

UBS has reportedly added nearly 50 reputed U.S. brokers to its payroll over this quarter – almost completely on the back of hefty signing bonuses. [1] The move looks in-line with the Swiss bank’s strategy of growing its wealth management busin

Canadian Wealth Unit Aims For More Institutional, Banking Clients

The wealth-management unit is looking to lure more institutional clients and sell more wealth-management products to retail-banking customers to bolster earnings over the next five years.

Lawsuits test UBS advice on offshore bank accounts

Tax lawyers describe the suits, emerging from a crackdown by federal authorities on Swiss banks, as the first of their kind in the United States to assert that Swiss bankers made improper assertions to their U.S. clients about the tax implications of thei

Obama Says Congress Will Vote on 'Buffett Rule' Millionaire Tax

The Buffett Rule, which Obama also described during his State of the Union address in January and included in the administration’s fiscal 2013 budget, would effectively set a minimum tax on millionaires and billionaires.

Merrill Lynch Anniversary Reminds Wall Street of Ethics

Amid the incessant drumbeats of protesters and strident manifestos upon resignation, amid the debates over the Volcker rule and the Buffett tax, the words of Charles Merrill serve to remind the financial community of the quiet power of doing well by doing

Raymond James Closes Morgan Keegan Acquisition

Raymond James Financial announced today that it has completed its acquisition of Morgan Keegan, creating one of the country’s largest full-service wealth management and capital markets firms not headquartered on Wall Street.

Wells Fargo combining wealth-management units

Wells Fargo officially launched its Abbot Downing brand today to serve ultra high net worth clients, their foundations and endowments.

Generations X & Y: You’re a product of your experiences - Ameriprise

According to the Money Across Generations II SM study, this hasn't necessarily prompted the adult children of boomers (predominantly members of Gen X and Gen Y) to feel any more confident about their financial future than their parents - but maybe

Wirehouses Lose Top Spot in High-Net-Worth Market for First Time

While the high-net-worth market share of wirehouses slipped to 45% from a peak of 56% in 2007, and is projected to fall to 42% by 2014, both of the industry segments with which wirehouses compete in this space—traditional private client groups and m

Canada lags on fiduciary duty, fee transparency

As returns dwindle and financial markets lurch from crisis to crisis, more investors are focusing on how much they are paying for financial advice and products that aren't living up to expectations.

Annual Financial Report 2011 and Annual General Meeting 2012

The circular relating to the Annual General Meeting will be sent to shareholders with the Annual Financial Report or the Annual Review and Summary Financial Statements.

Top 8 Trends for Asset Managers in 2012: Cerulli

So what’s the biggest take-away for asset managers in the wealth management space?

Societe Generale Private Banking and Forbes Insights analyse global wealth and family ties

The study analyses over 1,200 of the world’s largest fortunes with a minimum net worth of 210 million US dollars, in 12 countries or regions: Brazil, China, France, Germany, Hong Kong, India, Mexico, the Middle East, Russia, Singapore, the United Ki

Adams Hall Asset Management Opens Dallas Office

Firm appoints experienced wealth management professional to lead expansion into Texas

Wealth and Asset Management