US charges London asset manager

The debt in question is a Nigerian government warrant, a type of security in which the Nigerian government would make semiannual payments to holders based on the price of oil. The warrant was one of the two largest holdings of the fund, prosecutors said.


Succession to become national wealth manager

Succession Advisory Services has unveiled plans to consolidate five of its firms as part of plans to become a national wealth manager in the first quarter of 2012.


Wealthy Americans Redefining Luxury

Research firm Ipsos Mendelsohn recently finished a two-month project on the medium-to-upper crust and found that people making at least $100,000 are feeling better about the economy. But the super rich are really feeling better.