by
Bloomberg News
UBS wants its wealth-management units to contribute half of pretax profit by 2015 compared with 32 percent a decade earlier.
by
Bloomberg News
BNP Paribas SA is outpacing the wealth-management businesses of French competitors Societe Generale SA and Credit Agricole SA as the country’s largest bank targets the super-rich in Asia and...
by Russ Alan Prince
Jared Dubey of UBS Global Family Office
works with heirs to some of the world’s largest family fortunes.
by Mark Sachs
Like a sports coach, a financial advisor should motivate clients
to carry out a winning strategy.
by Karen DeMasters
After 17 years as a hybrid firm, Waldron Wealth Management has struck out
on its own as an RIA focusing on high-net-worth clients.
by
Karen DeMasters
Multifamily offices and wealth advisors have seen substantial growth over the past two years despite challenging economic times and a shortage of talented staffers, according to a new study.
by
Sara Jane Shanahan
The $50 million judgment that mystery author Patricia Cornwell won against her former wealth managers in federal court should serve as a wake-up call to clients and managers alike.
by PW Staff
ZT Wealth, a Houston-based advisory firm with about $250 million in assets under management, has launched a new unit aimed at serving clients with $5 million or more in wealth.
by
Karen DeMasters
High-net-worth investors have more advisors than those with fewer assets, and their relationships continue to grow, according to Cerulli Associates.
by
Michael S. Fischer
"Permanent" is a key word wealthy families and their advisors have locked onto in the aftermath of the nail-biting fiscal cliff negotiations, but it's still too early to get too comfortable,...
by Nadene Salzman
The appeal of the family office has grown significantly from earlier days, when the Rockefellers epitomized the concept one office serving one familiy.
by
Karen DeMasters
Base salaries for asset managers are projected to increase 3.5 percent and incentive pay is projected to rise by zero to 10 percent from 2011 to this year, according to a new study.
by
Kathy Lynch
Atlantic Trust and BNY Mellon each made new appointments this week.
by
Karen DeMasters
The Family Office Exchange (FOX) has added three firms to its list of
wealth advisors capable of providing multifamily office services to
ultra-high-net-worth clients.
by
Kathy Lynch
New wealth management appointments have been made by U.S. Bank and BNY Mellon.
by
Karen DeMasters
Luminous Capital LLC, an independent wealth advisory firm started by a
group of Merrill Lynch employees in 2008, is being sold to a subsidiary of First
Republic Bank.
by
Kathy Lynch
BNY Mellon has appointed a new private banker in its Manhattan office.
by
Karen DeMasters
A key for a financial advisor to gain ultra-high-net-worth clients is to
know the client before you meet him, says David Friedman, president and
co-founder of Wealth-X.
by
Kathy Lynch
Insurance advisor Frank Crystal & Company has changed its name to Crystal & Company.
by
Karen DeMasters
Baird, an employee-owned wealth management firm, is continuing its
expansion by adding seven financial advisors with a total of $970
million in AUM and several new offices to its
lineup.
