01/19/2017
Former Lehman CEO Fuld Emerges as Backer of Wealth-Advisory Firm
A former Lehman money-management unit that oversaw about $255 billion at the end of September.
Wealth and Asset Management
01/19/2017
Wealth management revenue, profits climb at U.S. Bank despite surge in DoL costs
The year-over-year revenue growth in the fourth quarter was due in part to an increase in trust and investment management fees.
01/19/2017
Wealth consolidator buys assets of Aberdeen Wealth Management and Shield Direct
‘The company continues to seek high quality businesses of all sizes that will embrace the AFH culture of providing exceptional value to our growing client base while providing attractive returns to our shareholders.’
01/19/2017
Insurance for the Super Rich
As well as liabilities associated with operating in flight.
01/19/2017
LLB Profit Rises Significantly
It had higher income from financial investments and a valuation gain for interest rate hedging instruments due to increasing long-term interest rates in the second half of the year.
01/18/2017
HighTower Adds $1 Billion Firm
Fortress Wealth Planning provides individuals and families with financial planning services
01/18/2017
Morgan Stanley advisers hit revenue record in fourth quarter
Advisers produced average annualized revenue of $1 million in the period.
01/18/2017
PagnatoKarp Scales Concierge Services for High Net Worth Clients with New PK Perks Program
Services include travel and entertainment recommendations and exclusive discounts on transportation and fine gifts.
01/18/2017
Wall Street is witnessing a 'third wave of computerization'
Automated investment services utilize algorithms to manage and allocate people's assets
01/18/2017
Opportunity Network Shortlisted for “Best New Product for HNW Advisory” Award by Private Asset Management
Selection based upon the FinTech firm's innovative global investment matchmaking platform for family business owners and high net worth investors
01/18/2017
UBS commits to help mobilise private wealth for public good
UBS believes that this is a critical element of responsive and responsible leadership the WEF Annual Meeting’s theme this year.
01/18/2017
Globalization and Social Inequality: Obscene Wealth of Eight Mega-Billionaires
Growing inequality pulls societies apart
01/18/2017
Can The 2017 Genesis G90 Top The Rest In The Luxury Car Market?
Genesis G90 is definitely up there with its competition
01/18/2017
Visualising a Disturbing Truth: 8 Richest Own as Much as 3.6 Billion People
Free markets have helped over 100 million people rise out of poverty in the last year alone
01/17/2017
Revenue increase sees WMA narrow losses
The cost of services to members also fell during the year by 5%
01/17/2017
Paul Feeney pays tribute to Paul Bradshaw
"Without him our business would not be what it is today and I hope we can continue his legacy in Old Mutual Wealth.”
01/17/2017
Red Bull Youth America’s Cup brings top young sailors to Bermuda
With that continuing objective, in 2017 the Red Bull Youth America’s Cup will for the first time use AC45 foiling catamarans
01/17/2017
Martin Gilbert, 61, CEO, Aberdeen Asset Management
His bonus fell from £3.8million to £2.3million.
01/17/2017
SMP Partners announces expansion into Jersey
Jersey, like the Isle of Man, is a highly regarded financial centre and the opening of an office there has been in our sights for some time.
01/17/2017
Emerging Asia better able to cope with risks of financial tightening
The potential impact of three to four rate hikes this year by the US Federal Reserve will depend on how much is already priced in through currency rates.