07/31/2015
Millionaire Fact of the Day
How much should a virtual advisor cost?
Research
07/30/2015
Bay Area foundation backed by ultra-rich family makes world's Top 10 list
The Moore foundation, created in September 2000 by Gordon Moore, a co-founder of giant computer chip maker Intel, and his wife Betty Moore, ranked third on the list, with $6.4 billion in assets.
07/30/2015
Global Macro Remains Most Popular Strategy Among Institutional Investors - Credit Suisse
Credit Suisse announces results of its mid-year Hedge Fund Investor Sentiment Survey, which polled over 200 global institutional investors representing nearly USD 700 billion in hedge fund investments.
07/30/2015
Investors Want to "Like" Their Advisors on Facebook
The new study, Using Social Media and Mobile Technology in Financial Decisions, examines how investors are using social media and other emerging technologies in their financial dealings.
07/30/2015
1 in 4 fund managers believe it’s “highly likely” they will face competition from new entrants
The findings are from a global survey conducted by the FT Remark commissioned by State Street among 400 senior asset management executives for a new report entitled, “Opportunities for Optimism? A New Vision for Value in Asset Management.”
07/30/2015
Millionaire Fact of the Day
Social media IS everywhere, but its use in the financial arena is still limited….but expected to grow
07/30/2015
CMOs invest in client experience but less diligent in tracking results by David Lo
According to our diverse group of CMOs – drawn from across the wealth management spectrum, including global private banks, national and regional broker-dealers, and family offices – attention is also focused on client retention, adding value,
07/30/2015
London is the third most expensive city in the world to live in...
It will be little consolation to Londoners that the capital has actually dropped down the global list.
07/30/2015
Wealth managers face big millennials challenge
Wealth management firms are not in line with high net worth individuals' risk tolerance, according to one third of under 40s.
07/30/2015
Serving America's Young Wealthy Requires an Industry Shift, According to SEI Report
Futurewealth Report Compares America's Young Emerging Wealthy With Global Peers and Older Counterparts
07/29/2015
Wealth Management Industry Suffering Trust Deficit Among Wealthy Investors - RESEARCH
A new survey by the independent and objective New York-based Luxury Institute reveals detailed perceptions of affluent investors regarding the securities industry, and the various regulatory entities entrusted with investor protection.
07/29/2015
Wealth-X List Of English Premier League’s Wealthiest Players
Wayne Rooney Scores Top Spot On Wealth-X List Of English Premier League’s Wealthiest Players
07/29/2015
The World’s Largest UHNW-Led Private Foundations
Collectively, the foundations on the list have total assets of US$83.1 billion – equivalent to 29.7% of combined net worth of the UHNW individuals who established them.
07/29/2015
Deloitte ranked as the No. 1 global consulting organization for the 5th consecutive year
Gartner annually analyzes and publishes its market share and rankings for the previous calendar year across all Technology related capabilities
07/28/2015
Soaring personal wealth underpins bank profits
They have been able to make the most of the deregulation of the financial system over that time without losing much market share to competitors.
07/28/2015
Improving adviser efficiency through analytics
Given the independent, relationship-driven culture associated with wealth management, formal analysis of wealth adviser performance is often neglected.
07/27/2015
Why This Part of the World is Producing So Many Billionaires
Things that come to mind when Latin America is mentioned: soccer, tropical fruits, big snakes. Romance Languages, and cocaine.
07/27/2015
Wealth of Singapore’s richest drops amid economic slowdown
One of the few gainers was Goh Cheng Liang, who moved up to rank 3 from 7
07/27/2015
Global Art Market On Brink Of A Leverage Boom To Drive Further High-End Art Sales
Skate’s Art Market Notes for July highlight that ultra-high net-worth individuals are purchasing more art and the trend is likely to continue.
07/24/2015
The restless rich and what to do about them
The report categorizes the rich on the mainland as anyone with net assets of $1 million, not counting their primary residence, and says most of the mainland's rich are heading to the United States, Hong Kong, Singapore or the United Kingdom.