12/16/2011
Top US firm to acquire Lehman's remaining equity interest
The terms of the transaction will generate approximately $1.5 billion in aggregate proceeds -- almost double what would have been generated by an offer received in 2008.
Wealth and Asset Management
12/16/2011
Revealed: huge increase in executive pay for America's top bosses
Exclusive survey shows America's CEOs enjoyed pay hikes of up to 40% last year – with one chief executive earning $145m
12/16/2011
Wells Fargo to acquire top investment boutique
EverKey Global Partners was established in December 2007 by Jeff Everett, formerly president and chief investment officer of Templeton Global Advisors Limited. In this role, Mr. Everett had responsibility for all portfolio management activities for all fu
12/09/2011
US banks in UK to snub calls to chop bonuses
Analysts expect Goldman Sachs will distribute around 43 per cent of revenues in pay and bonuses to staff, up from 39 per cent last year, while Morgan Stanley will splash out almost 50 per cent.
12/09/2011
US wealth firm selected for "Atlanta's Top 10 NAPFA Fee-Only Investment Advisers"
Announcing a special recognition appearing in the November 2011 issue of Atlanta Business Chronicle published by American City Business Journals, Gratus Capital Management was selected for the following honor: "Atlanta's Top 10 NAPFA Fee-Only In
12/07/2011
Super Rich vs. 99%: Class war will explode
Luntz is a conservative pollster so he’s making it all about politics.
12/07/2011
America's super-rich fall to Earth
And many of the super-rich in the first American boom of the 21st century have also come down to Earth.
12/07/2011
US wealth firm forms strategic alliance with Samuel Scott Financial
The alliance between the two companies enables Samuel Scott Financial Group to offer Opes' complete range of competitively-priced mortgage loan programs and premium services to their clients throughout Southern California.
12/06/2011
Bank for celebrities opens Atlanta office
The state’s lucrative tax rebate system for film and television projects has lured megawatt stars and major productions to Georgia.
12/06/2011
Women and men define financial success similarly, achieve it differently
Sandy Cimoroni and Lee Bennett, Senior Vice President, TD Waterhouse Financial Planning, provide their insight on gender differences and views on achieving financial success.
12/05/2011
US charges London asset manager
The debt in question is a Nigerian government warrant, a type of security in which the Nigerian government would make semiannual payments to holders based on the price of oil. The warrant was one of the two largest holdings of the fund, prosecutors said.
12/05/2011
Top private banks thriving in the tumult
Many of the top private banks are posting double-digit increases in assets under management, despite the shaky economic climate.
12/05/2011
Morgan Stanley releases "Gifts for Good" philanthropic catalog
Showcasing meaningful gift and funding opportunities to benefit others
12/05/2011
Raise taxes on the rich - Morgan Stanley exec
Porat said that the global markets are more stressed now than they have been since the financial crisis in 2008
12/02/2011
Bay Area firm to place its private client business under a new RIA
One change to the nine-year-old service group of Charles Schwab & Co. that will be immediately obvious to clients is that the branch consultants will not be in a position to make changes in portfolios — that task will fall solely to the portfoli
12/02/2011
Succession to become national wealth manager
Succession Advisory Services has unveiled plans to consolidate five of its firms as part of plans to become a national wealth manager in the first quarter of 2012.
12/01/2011
Triad Advisors partners with wealth firm
The company's management team has more than 70 years of combined experience.
11/30/2011
Winslow money manager named rising star
Smith, who joined Raymond James in 2009, has more than 20 years of experience in the financial services industry.
11/30/2011
Houston private banking sector in step with economic growth
Citi Private Bank recently doubled the size of its office space and expects to hire more staff to keep up with Houston’s expansion of wealth, said the bank’s new managing director and head of the Houston office.
11/30/2011
French bank mulls disposal of US asset mgmt business
Los Angeles-based TCW, which had $114 billion in assets under management as of Sept. 30, may be valued at about $1 billion, one person said.