Here’s how advisors can help wealthy clients who are paying too much for too little insurance coverage.
Senior executives hired by the exceptionally affluent to run their family offices are principally compensated in one of two ways: as employees or participants.
Most professionals—wealth managers, attorneys, accountants, bankers, insurance agents—get all excited over “possibilities,” particularly when it comes to prospective clients...
Recent years have been marked by deep and sudden changes for advisors and, especially, their clients, says a panel of financial professionals.
Goldman Sachs was accused by two former employees seeking to expand their lawsuit of discriminating against women while male colleagues engaged in binge drinking and took clients to strip clubs.
McAdams Wright Ragen brings $10 billion in assets to Baird Financial Group.
Rick Flynn, a veteran in helping wealthy families preserve their millions, has launched his own family office business.
Neil Craig will represent the firm’s investment products and services to institutional clients.
Family offices are trading in some of their traditional secrecy to make venture capital and private-equity deals much like buyout firms do in so-called club deals.
Morgan Stanley on Wednesday named Eric Benedict, an 18-year veteran of the brokerage firm, to run its U.S. private wealth management business for clients with $20 million or more to invest.
Neal Goldman has mapped the web of relationships that connects the nation’s movers and shakers.
Understanding a family’s motivation for a wealth transfer can enhance communications across generations.
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, is adding Latin American client assets by acquiring a larger stake in a Brazilian financial firm.
The Family Office Association has new leadership and a renewed focus on the world's emerging generation of wealth.
Credit Suisse is deploying investment bankers to woo African entrepreneurs as it tries to build its wealth-management business on the continent.
Wall Street’s bonus pool rose 15 percent to $26.7 billion in 2013, fueled by compensation deferred from prior years, according to estimates by New York state Comptroller Thomas DiNapoli.
Wilmington Trust has added an office and six professionals for high-net-worth clients in New Jersey.
Fidelity’s decision to consolidate its Private Wealth Management unit into two other divisions is a curious move at a time when competitors are touting their stand-alone operations.
Barclays private bank in Switzerland became the latest bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
Helping female clients deal with these traumatic, life-changing events is an opportunity to prove your mettle as a trusted advisor, says this wealth psychology consultant.