Managers of Wealth Americas

Wall Street trader, NFL players hit hard by ‘untouchable’ $4M mob-linked scheme

One of its principals, a reputed made member of the Colombo crime family, even threatened to whack Spanakos during a 2013 deposition.

Law Firms Finished 2017 Better Than 2016 And Everything’s Still Malaise

Law firms had a better 2017 than 2016, but not by much.

Bitcoin Breaks Below $6,000 as Cryptocurrency Exodus Accelerates

The rout in cryptocurrencies intensified, sending Bitcoin to its lowest level since October, as worries over tighter regulation by U.S. authorities and central bankers elsewhere gave traders fresh reasons to sell after a brutal start to 2018.

The tide is turning against US financial regulation

For most of the decade since the global financial crisis, financial regulation has been strengthened. Now the tide is turning in America.

International law firm launches strategic citizenship and residence consultancy

Helping clients interested or needing to secure additional citizenships, or residency rights through investment programmes, will be an area of particular focus

Ex-State Street Executive Faces New U.S. Fraud Charge

The indictment said that as a result of McLellan's action, State Street overcharged the insurers and the funds it advised by about $700,000.

Wave of Lawsuits Proves Dangerous for Advisors and Their Brands

A typical defense in this type of a dispute is that something like this can be considered a common term," he says.

Wells Fargo Advisors Assures Brokers They Can Keep Growing

Managers also can continue recruiting brokers to the firm.

FINRA Fines Wedbush Securities Inc. $1.5 Million for Customer Protection, Net Capital Rule Violations and Related Failures

In settling this matter, Wedbush neither admitted nor denied the charges, but consented to the entry of FINRA's findings.

Former Morgan Stanley Advisors Charged with Bilking Clients

Two former Morgan Stanley advisors plead guilty to fraud, the pitfalls of robos using ETFs, and a man dies shortly after winning the lottery.

‘Accidental Americans’ putting Asia’s wealth transfer at risk

Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.

Ariel Investments loses round in trademark fight with small Florida firm

Bray fought back in court, but a U.S. District Court judge in Chicago last spring ordered Ariel Capital to change its name

Moven to receive funding from SoftBank, plans to buy bank

On one side will be the software provider that already develops digital banking software for TD Bank in Canada and Westpac in New Zealand.

Connecticut Resident Sentenced to Prison for Concealing Assets in Swiss Accounts

Failed to Report Foreign Financial Accounts with Value Exceeding $28 Million

Jefferies inks strategic alliance with BOC International

As part of Jefferies ongoing effort to meet the ever-changing needs of our global institutional clients, we are very pleased to begin working with BOCI

Why Munis Won't Matter Anymore to Many HNW Clients

The new tax plan is making any perceived value of buying muni bond funds – especially for those living in relatively high-tax states – essentially a dead deal,” he says.

Prudential Facing Some Class Claims in Life Insurance Battle

The lawsuit, first filed in 2010 by the children of a deceased JPMorgan employee, contends that Prudential’s practice of paying life insurance benefits in a checkbook-style account—rather than a lump-sum payment—violates federal benefits

SEC Halts $600M Bank ICO Scam

The SEC’s investigation was conducted by David Hirsch and supervised by Jessica Magee and Eric Werner in the Fort Worth Regional Office in coordination with the Enforcement Division’s Cyber Unit.

Tim Duncan Settles Lawsuits Against Financial Advisor

Tim Duncan settles his lawsuit against his former financial advisor

US files 'spoofing' charges against UBS, HSBC and Deutsche Bank

Deutsche Bank and UBS have agreed to pay $30m and $15m respectively to settle the civil charges in the case

Legal, Regulation & Compliance