12/08/2011
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.
12/08/2011
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.”
12/08/2011
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.
12/07/2011
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.
12/07/2011
$30 million of the $50 million will go toward scholarships for U.S. students, while the remaining $20 million will fund international students.
12/07/2011
With Obama again set to amp up the rhetoric today in Kansas, this episode is worth a look.
12/06/2011
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.
12/06/2011
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
12/06/2011
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.
12/06/2011
Private banks provide dedicated banking, financial planning and investment services for affluent families and corporations.
12/06/2011
Sandy Cimoroni and Lee Bennett, Senior Vice President, TD Waterhouse Financial Planning, provide their insight on gender differences and views on achieving financial success.
12/05/2011
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
12/05/2011
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.
12/05/2011
In the six months to November, the rich shrank the hedge fund allocation of their total investments in alternatives from 58% to 35%. One in five plans to decrease their hedge fund allocation further in the next six months.
12/05/2011
In order for it to have impact, it must be further clarified, or else it will be misinterpreted by politicians pushing ideas which they will falsely claim would tax the rich - such as Republican presidential candidate Herman Cain's phony 9-9-9 plan,
12/05/2011
Private banks, a distinct group within the wealth-management field, cater to the highest tiers of wealth, usually preferring customers with $20 million or more to invest.
12/05/2011
These are smart people who believe in the division of labour and concentrating on doing whatever it is they do best to make the money in the first place.
12/02/2011
Taking money away from lower and middle-income populations who spend in small businesses – from corner shops, garden centres to local hotels – reduces domestic consumption, the very thing that can provide growth and jobs.
12/02/2011
The Bay Area firm says it's making the move to avoid compliance clashes with ERISA; others say Schwab's riding the coattails of the RIA movement
12/02/2011
Succession Advisory Services has unveiled plans to consolidate five of its firms as part of plans to become a national wealth manager in the first quarter of 2012.