The letter, seen by Money Marketing, says L&G is Axa’s annuity partner and a comparison of the two providers shows L&G would offer a higher income.
Household wealth, or net worth, is the value of assets like homes, bank accounts and stocks, minus debts like mortgages and credit cards.
In this two-part series on philanthropy, we will look at both sides of the coin–what advisors can and should do, and what they should not do or should consider turning over to a philanthropic consultant.
This, coupled with full implementation of the Group’s financial cost controls and improved margins led to record breaking profit, all while delivering ongoing price reductions to our customers.”
Mitchell and Jessica Horst, formerly of Morgan Stanley Smith Barney, announced their move to WWM on Friday and will anchor the Las Vegas office, located in Green Valley.
A study by Kotak Wealth Management and Crisil estimates that there are around 62,000 UHNIs in India as of 2010-11, which is poised to rise to 219,000 by 2015-16, reflecting a total net worth of Rs235 trillion.
The group that UBS joins comprises BofA Merrill Lynch, GETCO LLC, Goldman Sachs, Morgan Stanley, and Quantlab Group LP. Instinet Incorporated, a Nomura Group company, remains the largest equity holder through a subsidiary company.
UBS told investors on Nov. 17 that it plans to increase the number of client advisers in its wealth unit outside the Americas to 4,700 from 4,252. Switzerland’s biggest bank adjusted its expectations for earnings and new assets as the economic slow
Alec Letchfield, CIO of wealth management at HSBC Global Asset Management, also told the Reuters 2012 Investment Outlook Summit that he favored hedging tail risks stemming from the euro zone crisis via a diversified portfolio, skewed towards equities.
Sandy Cimoroni and Lee Bennett, Senior Vice President, TD Waterhouse Financial Planning, provide their insight on gender differences and views on achieving financial success.
The wealth of Atlanta comes from myriad sources, including homegrown giants such as The Coca-Cola Co., Cox Communications Inc., Newell Rubbermaid Inc., Delta Air Lines Inc. and Home Depot USA Inc., as well as from a burgeoning entrepreneurial community gr
The conference will explore key principles and avenues of Islamic wealth management, including Islamic wealth creation, accumulation, protection, distribution and purification in the wealth management cycle, the company said in a statement.