Ballentine Partners is a wealth management firm with roots in an unusual institution: a summer camp.
Swiss bank UBS is hiring former ING executive Eli Leenaars a vice-chairman of its flagship private bank, in a bid to win new clients among the ultra wealthy.
Julius Baer Group Ltd. is advising clients to switch out of Swiss franc cash accounts, saying it will refrain for now from emulating competitors by imposing new fees on such deposits.
Switzerland’s private banks are under pressure to cut pay and jobs as the surge in the country’s currency raises costs for companies already hurt by dwindling assets.
Facing stiffer competition, wealth management firms are increasingly using segmentation strategies such as focusing on older millionaires or female clients, according to a recent report.
Ultra-high-net-worth investors are increasing their exposure to equities, while paying special attention to liquidity and risk, says an investment strategist with Citigroup.
After months of speculation, the partners at Morgan Lewis & Bockius LLP voted Nov. 14 to admit 227 partners from Bingham McCutchen LLP, almost three-fourths of Bingham’s partners.
Advisors of all stripes can take lessons from the multifamily office model and use them to increase profitability.
Deutsche Bank's wealth management division has opened a private bank in Dallas—part of a push to increase the bank's advisor base by 15 percent in the next three years.
Swiss private bank Notenstein is to buy the client assets of Landesbank Baden-Wuerttemberg's Swiss wealth management arm.
Founded 105 years ago to serve the Corning Glass family dynasty, Market Street Trust continues to evolve.
Handing the controls of a family business to a young leader is a delicate yet rewarding process.
Swiss bank Syz & Co could spend up to 200 million Swiss francs ($219.5 million) on acquisitions to bolster its private banking and asset management operations
The Goldstein-Patterson Group has joined Lebenthal from BNY Mellon, where the founders managed high-net-worth clients.
For families of significant wealth, the advent of social media has added a layer of complexity to managing risk.
Cantor Fitzgerald Wealth Partners has agreed to acquire Capital Planning Advisory Group, an investment advisor in Yardley, Pa.
UBS is within striking distance of managing $2 trillion on behalf of the wealthy, according to a new study.
Focus Financial Partners is diversifying into the family office business by acquiring a major stake in Flynn Family Office, a multifamily office with a specialty in serving hedge fund managers and...
Rick flynn has launched a new multifamily office that focuses on serving the wealthy and the famous.
For family businesses to survive across generations, they need to view the family as one of their greatest assets.