06/07/2012

FOX Certifies List of Leading Wealth Advisors

Whereas 20 years ago building a coordinated network of resources meant establishing a private family office, a new class of advisors has arisen that provides these integrated services in a comprehensive manner. In order to help private investors recognize

06/06/2012

Ultra-Wealthy Are Shunning Stocks

Wealthy investors are shying away from U.S. stocks and putting more money into private companies, real estate and commodities, according to a study.

06/06/2012

What the Apple Store Has That Wealth Advisors Want

The study found that firms are doing more to bring the client experience to life in their sales processes. Wealth advisors are adopting a more involved needs assessment during the sales cycle.

06/06/2012

RIA Umbrella Group Set To Compete With Wall Street

As the industry is now, many independent RIAs are too small for potential clients to be aware of them. In fact, 82% of the general population does not even know what an RIA is, the pair said.

06/05/2012

Guaranty Bank and Trust ties up with Private Capital Management

The transaction is expected to close in the third quarter 2012 subject to regulatory approval. Financial terms of the deal were not disclosed."The decision to join Guaranty Bank and Trust came after thoughtful consideration of a partnership that woul

06/05/2012

Minneapolis based wealth management firm Goes to Battle

Ryan Litfin, Managing Partner of VAM and Co-host of the popular investor advocacy show, Financial Fortitude, spoke publicly and in a YouTube video about their mission by pointing out, “Every four minutes someone is diagnosed with a blood cancer.

06/04/2012

Rajat Gupta's wealth in spotlight at trial

In April 2008, a private banker at JPMorgan Chase visited her prized clients, Anita and Rajat Gupta, at their home in Westport, Conn, an elegant waterfront estate that was once owned by the retail executive JC Penney.

06/04/2012

Citigroup beefs up U.S. wealth business

Citigroup also plans to hire 500 additional personal bankers and financial advisers over the next two years, which would boost its ranks to about 800.

06/04/2012

FBR mulls sale of asset management division

As part of its asset management business, FBR oversees a family of 11 mutual funds that produced $4 million in fee revenue in the first quarter, up from $3.9 million a year earlier.

06/04/2012

Alternative Funds: How Do You Pick?

Financial advisers like Mr. Dardaman have been increasingly buying these in an effort to get better returns than bonds but less volatility than stocks.