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.
12/02/2011
Banks have been ordered to slash bonuses and payments to shareholders to get their houses in order as a second credit crunch bears down on the country.
12/01/2011
The company's management team has more than 70 years of combined experience.
12/01/2011
Cerulli Associates in August reported RIAs have increased assets by 8 percent per year since 2007, a period when assets in the industry were little changed and those held by the biggest brokerages contracted by 4 percent per year.
11/30/2011
Banks are struggling to cut fixed costs after raising base salaries of investment bankers by as much as 100 percent to cushion cutbacks after regulators
11/30/2011
Switzerland's banking industry risks losing out on almost Sfr50bn (£35bn) in assets as new tax accords with Britain and Germany prompt wealthy clients to withdraw money, according to a new study.
11/30/2011
Russ Labrasca joined Citi in September and, after moving the group into a new office at 811 Main St., is looking to add at least three more bankers and investment consultants to the staff of 10 during the first quarter of ...
11/29/2011
Brandon E. Lacoff, co-founder of Belpointe LLC, an $82 million wealth manager in Greenwich, Connecticut, and his colleagues Gregory Skidmore and Tim Davidson rode a black limousine into the lottery headquarters in Rocky Hill today to claim a $254 million
11/29/2011
Some wealth management firms are also offering guidance to their clients on setting up trusts that would invest in social causes.
11/29/2011
A key aspect of RDR will be the eradication of commissions paid by product providers to wealth advisers, a widespread practice.
11/29/2011
Another factor accounting for the rising tide of millionaires are high executive and banker salaries, which Morales said often beat those paid in the US.
11/28/2011
It added that its insurance broking business Bluefin Insurance Group was not part of the review.
11/28/2011
The main aim is to help people discover what their needs are so that they can live with financial peace of mind now and in the future.