by David Spencer
Here’s how advisors can help wealthy clients who are paying too
much for too little insurance coverage.
by Russ Alan Prince & Hannah Shaw Grove
Senior executives hired by the exceptionally affluent to run their family offices are principally compensated in one of two ways: as employees or participants.
by Russ Alan Prince
Most professionals—wealth managers, attorneys, accountants, bankers, insurance agents—get all excited over “possibilities,” particularly when it comes to prospective clients...
by
William Conroy
Recent years have been marked by deep and sudden changes for advisors and, especially, their clients, says a panel of financial professionals.
by
Bloomberg News
Goldman Sachs was accused by two former employees seeking to expand their lawsuit of discriminating against women while male colleagues engaged in binge drinking and took clients to strip clubs.
by PW Staff
McAdams Wright Ragen brings $10 billion in assets to Baird Financial Group.
by
Reuters
Rick Flynn, a veteran in helping wealthy families preserve their millions, has launched his own family office business.
by PW Staff
Neil Craig will represent the firm’s investment products and services to institutional clients.
by
Bloomberg News
Family offices are trading in some of their traditional secrecy to make venture capital and private-equity deals much like buyout firms do in so-called club deals.
by
Reuters
Morgan Stanley on Wednesday named Eric Benedict, an 18-year veteran of the brokerage firm, to run its U.S. private wealth management business for clients with $20 million or more to invest.
by Russ Alan Prince
Neal Goldman has mapped
the web of relationships
that connects the nation’s
movers and shakers.
by Hannah Shaw Grove
Understanding a family’s motivation for a wealth transfer can enhance
communications across generations.
by
Bloomberg News
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, is adding Latin American client assets by acquiring a larger stake in a Brazilian financial firm.
by
Hannah Shaw Grove
The Family Office Association has new leadership and a renewed focus on the world's emerging generation of wealth.
by
Bloomberg News
Credit Suisse is deploying investment bankers to woo African entrepreneurs as it tries to build its wealth-management business on the continent.
by
Bloomberg News
Wall Street’s bonus pool rose 15 percent to $26.7 billion in 2013, fueled by compensation deferred from prior years, according to estimates by New York state Comptroller Thomas DiNapoli.
by PW Staff
Wilmington Trust has added an office and six professionals for high-net-worth clients in New Jersey.
by
Joseph R. Perone
Fidelity’s decision to consolidate its Private Wealth Management unit into two other divisions is a curious move at a time when competitors are touting their stand-alone operations.
by
Reuters
Barclays private bank in Switzerland became the latest bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
by
Hannah Shaw Grove
Helping female clients deal with these traumatic, life-changing events is an opportunity to prove your mettle as a trusted advisor, says this wealth psychology consultant.
