05/08/2012
EverBank unveils wealth company
The institutional-level approach also connects individual investors to a wider variety of sophisticated products and investment opportunities.
Wealth and Asset Management
05/07/2012
Baird To Continue Wealth Management Expansion
Baird’s financial advisor force totals almost 700 following the hiring of more than 250 financial advisors and branch managers since 2009.
05/04/2012
Swiss private bank appoints new head for unit advising US clients
He joins from ABN Amro, where he headed up the research unit for the Asia-Pacific region, and its investment advisory activities.
05/04/2012
Credit Suisse Continues Americas Buildup, Plans More Office Openings Article Comments
Credit Suisse Group AG's Private Banking Americas unit is on track to boost its relationship manager headcount by roughly 20% over the next three to four years and is weighing new office openings in the U.S. as part of a continuing push to capture mo
05/03/2012
Capgemini and RBC Wealth Management to Partner on Leading Annual World Wealth Reports
The annual World Wealth Report and the Asia-Pacific Wealth Report are the global benchmarks for tracking HNWIs and cover HNWI market sizing with a review of global economic drivers, HNWI investing behaviors and asset performance trends. The reports are su
05/03/2012
Chilton Trust Company Receives Approval To Exercise Trust Powers
Joining Mr. Horan at CPC were four experienced fixed income investment professionals. Chilton Trust, together with CPC, currently manages approximately $5 billion in assets.
05/03/2012
RBC Global Asset Management Inc. announces April sales results for RBC Funds and PH&N Funds
Long-term funds had net sales of $752 million and money market funds had net redemptions of $154 million. Assets under management were unchanged.
05/02/2012
UBS Wealth Management pre-tax profit up 70%
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.
05/01/2012
First Republic Bank Opens Third Office in Boston
First Republic’s Post Office Square location will provide lending, deposit and wealth management services to individuals, businesses, foundations and nonprofits.
05/01/2012
FNB appoints senior trust officer, business development/trust officer
He will serve as the senior trust officer and brings a valuable legacy of counsel in sales, services and management at all levels of trust, private banking and wealth management.
05/01/2012
JPMorgan CEO should not be chairman: recommendation
Jamie Dimon's $23.1 million paycheck is OK, but he should not be both chairman and CEO of JPMorgan Chase & Co, an adviser to institutional investors said on Monday.
04/30/2012
A talent shortage looms as the industry booms
Even as more and more older Americans seek advice on bolstering their nest eggs, advisers themselves are looking to head off into the sunset.
04/27/2012
Atlantic Trust Continues Record Growth
An ongoing emphasis on building long-term fiduciary relationships with clients helps the nation's No. 1 wealth management brand achieve positive growth for 20th consecutive quarter*
04/27/2012
Exencial Wealth Advisors forms as independent wealth managers complete merger
Exencial, like its predecessors, provides senior corporate executives, entrepreneurs, families and institutions objective analysis and recommendations based on clients' particular financial needs and goals.
04/27/2012
SG Private Wealth Advisors to market the world's largest yacht
From the start of the project in 2009, SG Private Wealth Advisors has overseen all elements of the design, construction, and commissioning process for Arianna, including the facilitation of a $13,500,000 USD yacht construction loan.
04/27/2012
Evercore profit falls 62pc as investment banking costs rise
The average estimate of five analysts surveyed by Bloomberg was for adjusted earnings of 33 cents a share. Expenses at the firm’s investment banking business climbed to $77.5 million from $61.7 million.
04/27/2012
Russian Bankers Go Head To Head In New York
For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.
04/27/2012
Russian Bankers Go Head To Head In New York
For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.
04/26/2012
Two US-based fee-only wealth firms to unite ops
The deal, expected to close on June 30, would be one of the biggest mergers in the registered investment advisory sector, which caters to the fee-based, rather than commission-based, side of the wealth management industry.
04/26/2012
Former UBS Executive Forms Private-Equity Firm
Rasmussen, 46, also a former CEO of Royal Bank of Canada (RY)’s RBC Direct Investing business, will be chairman of the new company, he said in an interview today.