Managers of Wealth Americas

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.

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.

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.

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.

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*

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.

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.

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.

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.

Russian Bankers Go Head To Head In New York

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.

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.

JPMorgan exec pay endorsed by advisory firm

The recommendation reduces the chances that shareholders will rebuke bank officials over pay as happened last week in an advisory vote at the annual meeting of Citigroup Inc.

BPFH reports Q1 results

On a year-over-year basis, GAAP Net Income Attributable to the Company increased from a GAAP net loss of $149 thousand in the first quarter of 2011. Earnings per share increased from a per share loss of $0.01 for the first quarter of 2011.

Invesco may sell $18 billion wealth business: sources

The Atlanta-based asset management company wants to sell Atlantic Trust Private Wealth Management, which has $18 billion in assets under management, because it is not core to its business, three of the sources said.

Firms vary in services for the rich

The market for wealth management in South Florida is vast, as is the number and scope of institutions that serve the high net worth segment.

Financial Reform Will Lead to Emphasis on Credentials: IMCA CEO

IMCA, the Investment Management Consultants Association, provides credentials and education to the wealth management industry and is growing. Last year, IMCA’s Certified Investment Management Analyst certification became the first financial services

UBS Chairman Says Bank’s Reputation Will Play Role in CEO’s Pay

Villiger, whose tasks include developing recommendations for the CEO’s pay with the compensation committee, said the bank won’t assess Ermotti’s performance by profit alone, but will also include targets for boosting capital ratios and c

Jefferies hires internet analysts from UBS

The two analysts are well known in the technology and interactive entertainment sector, having covered companies including Google Inc., Yahoo Inc. and Amazon Inc. at UBS for roughly three years.

Washington Trust posts solid first-quarter results

The loan loss provision charged to earnings in the first quarter of 2012 was $900 thousand, the lowest quarterly provision since the first quarter of 2008.

Wealth and Asset Management