03/14/2012
Washington Wealth lands Morgan Stanley broker
Washington Wealth Management LLC, a start-up firm that has grown by hiring away advisers from top U.S. brokerages, has added its latest recruit from Morgan Stanley Smith Barney.
Wealth and Asset Management
03/14/2012
Planner, Former San Diego State Quarterback Joins RIA Washington Wealth Management
He is without a doubt the epitome of the first class advisor who has his clients first in his thoughts,” said Washington Wealth’s San Diego Branch Manager Mike Ferrante. “These are the types of planners that we are looking to hire.&rdquo
03/14/2012
UBS Wealth Management Americas launches the Wealth Management Research Advisory Board
Representing a major milestone in the evolution of WMR's Chief Investment Strategist function, the move underscores the commitment of UBS Wealth Management Americas to helping its clients reach their goals by delivering the best research from the sma
03/13/2012
Deutsche Bank PWM unveils hires for Glasgow push
Deutsche Bank Private Wealth Management (DB PWM) has relocated its Glasgow office and boosted the staff headcount with five recruits.
03/13/2012
Swiss private bank celebrates opening of Representative Office in Tel Aviv
With the opening of the new representative office in Tel Aviv, Julius Baer marks another important milestone in the development of its global network, which comprises offices in more than 40 locations in over 20 countries.
03/13/2012
Merrill Lynch Wealth Management named as 'Best Private Bank in India'
Merrill Lynch Wealth Management has also been named 'Best Private Bank in India' four times in a row from 2005 – 2008.
03/13/2012
Brooks Macdonald to launch York office
The exact location of the office is yet to be finalised, although it is understood that the office will open later this year..
03/13/2012
Morgan Stanley Team Goes Hybrid via LPL
A team of Morgan Stanley Smith Barney advisers that generated $2 million of revenue last year has started an independent investment advisory firm
03/13/2012
New Cities Ranking Reveals Asian Cities Are World’s Strongest Economically
Released today, the report, entitled Hot Spots, ranks the most competitive cities in the world for their demonstrated ability to attract capital, business, talent and tourists.
03/13/2012
Close Brothers profits up despite securities headache
The firm reported pre-tax profits of £66.8m in the six months to the end of January, up from £58.3m the year before.
03/13/2012
Global battle rages for LatAm wealth market clients
Wealth management in Latin America is experiencing turf wars on an international scale between asset managers, private banks and family offices hoping to win over the rising number of affluent clients.
03/13/2012
FSA warns of poor conduct in private banking and wealth management
In its Retail Risk Conduct Outlook, published today, the regulator highlighted private banking and wealth management as an “emerging risk”, warning that poor conduct could lead to “widespread detriment”.
03/13/2012
Edelman Financial Group Reports Fourth Quarter Earnings
The Edelman Financial Group is a wealth management company that manages approximately $16.3 billion in client assets.
03/12/2012
Wealth advisory fees under scrutiny in Asia
Gaining enough shelf space with such banks has proven a key constraint for a fund manager looking to expand its retail presence across Asia.
03/12/2012
Women can save Wall St.
The bank collapsed in 2008, sending the economy spiralling.
03/12/2012
Webster Bank aims at millionaire depositors
Individuals, businesses, and nonprofits with net worth of $1 million or more are eligible to enroll in Webster Private Bank, Webster said Thursday. The bank did not say what it will charge them.
03/12/2012
Barclays Wealth's latest deal targets 21% return
Barclays Wealth has confirmed the launch the Target Growth plan, a new three-year term structured deposit targeting a maximum 21 per cent return.
03/12/2012
Leading US private bank and wealth management company opens new trust company
Prior to joining First Republic, he worked at Goldman Sachs Trust Company and Neuberger Berman Trust Company.
03/09/2012
Speculation mounts over future for Clariden Leu ILS team
The In$ide Paradeplatz story suggested Clariden Leu was asking SFr20-40mn for the business, which manages more than $2bn assets under the leadership of Michael Stahel.
03/09/2012
MVB Bank launches wealth management solutions unit
This new service is an outgrowth of MVB Bank's expanding community banking client base and demand for wealth management and investment advisory consulting in the West Virginia market.