Updated Thursday, December 18, 2014 as of 10:55 PM ET
Ex-N.Y. Yankees: Our Advisors Stole Millions
An attorney for Jorge Posada and Jose Contreras says ballplayers were "victims of fraud, taken advantage of at every turn."
More in High-Net-Worth
Mark Evans will provide investment advice to clients of Ascent Private Capital Management. He is the second managing director of investments to join Ascent's Minneapolis office. more »
Facing the threat of competition from Google and Amazon.com, UBS has turned to a company that uses artificial intelligence for help delivering personalized advice to the bank's wealthy clients. more »
Celebrities are the types of clients many advisors only dream of working with. At one firm, these clients -- and the advisors who serve them -- are getting increased attention. more »
The 6,800-plus-square-foot office in Silicon Valley will allow the firm to serve its growing client base in the area, while also being near one of the country's top technology centers. more »
A group of ultrawealthy Citigroup clients clamoring for big returns on U.S. real estate have entered into funding commitments for a new commercial and multifamily development on Sunset Boulevard in West Hollywood, Calif. It is one of several co-investment projects the firm is offering through its private bank. more »
Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J. more »
Deutsche Asset & Wealth Management spells out its plans to serve wealthy clients with complex needs and demands. more »
Deutsche Bank AG’s Asia-Pacific wealth-management business aims to increase revenue by 20% in 2015 by targeting the region’s richest people. more »
Corporate executives are smart, but they need help when it comes to planning. Here are a few sophisticated techniques that can help them. more »
The average amount given to charity from wealthy households rose 28% last year, according to the 2014 U.S. Trust Study of High Net Worth Philanthropy released Tuesday. more »
A majority of American millionaires are donating to charity, though few plan how they give, UBS finds. more »
SunTrust's third-quarter revenue from trust and investment management plunged $40 million, or 30%, from a year ago. It fell 20% from the previous quarter. more »
Looking at the range of services received by clients in all advisory channels, traditional wirehouses take the lead in catering to high-end client needs, according to research from Cerulli Associates. more »
The December Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

January 19, 2015 |

January 26, 2015 |

February 11, 2015 |

March 4, 2015 |

April 26, 2015 |

Already a subscriber? Log in here