This news service spoke to those involved in a new report on the world's family offices. One takeaway is their view that SFOs, traditionally seen as discreet institutions shying away from the public realm, are pushing themselves forward, if only to grab a greater share of investment action.
The private clients group at the St Petersburg-based firm helped drive results higher, the organization said as it set out results.
The organization is adding another office in Southern Florida, continuing a trend of US wealth managers expanding in the state and building out operations there, given the attractions of expanding wealth in this part of the country.
A cut in costs helped trigger a large rise in profit for UBS in the fourth quarter of last year although results were mixed in some ways, with a cost-income ratio at the global wealth business standing at over 80 per cent.
There is a wide toolbox of structures for protecting clients' wealth. And protecting the client is also a lot more than investment and tax. Health and contentment are important, as is reputation, dealing with in...
The launch is part of a wider trend of wealth management M&A activity taking place alongside a background of inter-generational transfer. Business owners looking to exit and sell up, or transfer to heirs and non...
The new COO takes over as her predecessor retires in February. ...
The global advisor has poached a senior banker from HSBC to steer growth for clients who are becoming more international in their outlook, and after a “good 2019”. ...
Cresset, the US wealth management firm that has expanded rapidly in the past couple of years, explains what could and should be done to prepare clients if a wealth tax is enacted in the US. ...
Funding college scholarships is a central feature of education philanthropy. The area is full of complexity, however, and it is possible for benefactors to err. This article explores the details and recommends h...
After a momentous year for politics and financial services in jurisdictions such as the US, Britain, Hong Kong and France, we take a chance to reflect on what the wealth management story has been and what is in ...
This is a list of the topics the editors of this news service are tracking over the coming 12 months. It is revised regularly. ...
It is the world's largest wealth management firm and it is also a major player advising clients about philanthropy. Just as economies of scale apply in parts of the financial services space, they bring efficienc...
The author of this article looks at an area which perhaps isn’t helped by its name. “Distressed” does not have to be distressing. There are some mutterings that the credit cycle in the US and other countri...