10/22/2013
Millionaires Rely on Their Advisors for Most of their Financial Decisions
Nearly half of Millionaire investors who use a financial advisors report they rely on him or her for the vast majority of their financial needs
Wealth and Asset Management
10/22/2013
Wealthier Investors Are More Confident in Their Financial Knowledge: Spectrem report
With great wealth comes great confidence in one’s financial literacy
10/22/2013
Raymond James reports record net income, profit for fiscal year
Results this quarter were lifted by a beneficial tax rate
10/22/2013
Herd Of Asian Elephants Let Loose On The Streets Of Los Angeles
The looming extinction of the Asian elephant population seems to be unheard of in the U.S.
10/21/2013
GAM to consolidate London offices as dollar drop hits AUM
GAM said it has integrated a number of teams at both group level and at Swiss & Global Asset Management
10/21/2013
Bellpenny Rolls Out Voyant Tools for Its Advisers
Newcomer Bellpenny is rolling out new software for its professional advisers and wealth managers to help them conduct lifetime cash flow planning.
10/21/2013
Pershing: wealth managers must review pricing structures
Pershing has urged wealth managers to review their price structures, after research found that fewer than 20% of firms use the cost of providing services as the foundation for determining price.
10/21/2013
Wealth-X Wins Family Wealth Alliance's "Best of Decade" Award
There were more than 80 nominees in all, and it was an extraordinary privilege for our committee to winnow the list of deserving nominees down to just a handful of Awards recipients.
10/21/2013
High wealth investors don't feel old until they lose their independence
The majority of people under the age of 80 don’t feel old until they lose their independence and their health
10/20/2013
A World Without Commissions
In some countries where commissions have been banned, advisors are struggling to be profitable, while others are simply exiting the business
10/20/2013
BNP Paribas Wealth Management awarded “Outstanding Private Bank in Europe in 2013”
This award adds to BNP Paribas Wealth Management's prestigious industry recognitions
10/20/2013
Cheviot Assets surged ahead of Quilter deal
Cheviot Asset Management went into its merger with Quilter on the back of strong asset growth but declining profits.
10/20/2013
Credit Suisse Announces the Launch of the First Ever LGBT Equality Index
The associated Portfolio offers a compelling and unique impact investment opportunity for our Credit Suisse Private Banking USA clients
10/20/2013
DeYoe Wealth Management Continues to Grow, Much Thanks to Their Clients
The firm realized a 67.4% increase in revenue from 2010 to 2012
10/20/2013
Hargreaves Lansdown eyes lower prices for online customers
Currently Hargreaves is predominantly remunerated by fund managers through rebates
10/18/2013
Wealth management firms look to hard assets for next price boom
As equity markets hit all-time highs again, investors haven’t forgotten the 2008 market meltdown that resulted in a 40 percent loss.
10/17/2013
Brooks Macdonald asset growth slows
Brooks Macdonald Group plc the AIM listed integrated wealth management group, today announces an update on its funds under management for the quarter ended 30 September 2013.
10/17/2013
North duo to join Praemium ahead of Liontrust deal
Praemium hires Nick Stanhope and Ari Towli from North Investment Partners to join wealth management service.
10/17/2013
Morgan Stanley Wealth third-quarter profit soars on fee revenue
Morgan Stanley, which has made a bigger bet on wealth management than any other major U.S. investment or commercial bank
10/17/2013
UBS Wealth Management Americas Relaunches Equity Compensation Business
The new brand reflects the company's significant and on-going commitment to the business