Managers of Wealth Americas

Stifel reports 16th consecutive year of record net revenues

For the year ended December 31, 2011, the Company reported record net revenues of $1.42 billion, which represents the 16th consecutive year of record net revenues.

A $2 billion, 69-year-old Merrill Lynch advisor passes up the gold watch in favor of breaking away

They will open their office at the end of this month in Milford, Conn., and three support staff members will join the group, which manages about $2 billion in assets.

RBC lashes out at Moody's over credit review

Royal Bank of Canada lashed out at Moody's Investors Service a day after the ratings giant announced a review of 17 international banks, including RBC, because of their exposure to stormy global financial markets.

Credit Suisse Private Banking Introduces "Strategic Philanthropy: Guide to Evaluation"

It includes four issue briefs that illustrate how evaluation has been used for different program areas, as well as case studies of how different philanthropists have chosen to incorporate evaluation in their work.

Multi-Family Office Wins PAM Award For Best Client Service

Harris myCFO offers strong dedication to advocacy in client wealth matters independent advice, and a transparent fee model.

Institutional wealth manager to acquire SIBT's trust operations outsourcing unit

The acquisition represents a continuation of the strong growth RIS has experienced over the last seven years. The transaction is expected to close on March 31, 2012.

I think I love you - so what's your net worth?

Decades of pop culture have cemented the notion that love conquers all – including money.

Credit Suisse Named Best Private Bank Globally

Euromoney is a leading publication for the global banking and capital markets communities.

US Family Office tops wealth survey‎

The Euromoney Private Banking and Wealth Management Survey was first published in 2004, and is recognized as one of the leading benchmarks for the industry globally. The survey uses a peer ranking methodology.

Warren Buffett: gold has no value

Berkshire Hathaway chairman and famous investor Warren Buffett has dismissed gold as a "valueless asset".

Swiss Bank Wegelin Charged in U.S. With Aiding Tax Evasion

The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&

Former Carson Wealth President Launches RIA Firm ‎

The firm has $1.3 billion of assets under discretionary management.

Brown Advisory Wins Award for Best Performance by a Private Wealth Manager over $5BN

Brown Advisory was selected as the winner among six companies nominated by an independent panel of industry experts.

Canaccord profit falls but tops street

During the third quarter of fiscal 2012, the quarter ended December 31, 2011, Canaccord Financial Inc., generated $147.9 million in revenue and recorded net income of $2.5 million, or $0.01 per common share.

U.S. Trust Introduces Online Wealth Management to Young Adults

U.S. Trust specialists will work with clients and their future heirs to deliver a customized program based on their needs.

HSBC Canada's Head of Wealth Unit Leaves

He headed HSBC's wealth management unit for more than a year.

Swiss private bank to eliminate 109 NY jobs

The cuts were disclosed by the Zurich-based company in a filing dated yesterday with the state Department of Labor.

London-based banking giant named the World’s Most Valuable Banking Brand in 2012

This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.

Raymond James Net Income Tumbles 18% From Year-Ago Quarter

Net income for the first quarter of last year totaled $81.7 million and $68.9 million last quarter. Price per diluted share for the first quarter is $0.53, versus $0.65 per diluted share in the first quarter of 2011 and $0.54 per diluted share last quarte

Swiss finmin hopes U.S. tax row solved this year

Widmer-Schlumpf said Switzerland was already discussing possible fines its banking industry will have to secure a global civil settlement with U.S. authorities.

Wealth and Asset Management