Investment Returns Down at Private, Community Foundations in 2014
Although investments by these foundations did not produce a banner year in 2014, many institutions increased their mission-related spending, according to a new report.
Ultra-Wealthy Buy Luxury Homes for Diversification, Foreign Citizenship
Ultra-wealthy individuals globally are increasingly confident in real estate purchases, Wealth-X and Sotheby’s reported.
DOL Fiduciary Proposal Must Be Broader: Bobby Monks
“Broken” U.S. financial system filled with intermediaries whose fees leave investors poorer.
10 Wealthiest Couples in the World
Wealth-X reports wealth of six on list is self-made, and of four inherited
Fidelity National Agrees to Buy SunGard for $9.1 Billion
The deal combines a banking and payment firm with a software maker, while pushing Fidelity into the wealth space.
20 Best-Paid Fundraisers at U.S. Charities
Donors frown on the practice, and fellow employees resent it. Nevertheless, many charities award bonuses to their fundraisers.
Bronfman E.L. Rothschild, Highline Wealth Form $3.6B Firm
Neal Simon, Highline's founder, will be CEO of the combined RIA group.
Greenspan: Be Afraid, Bond Bubble Is Bubbling
Former Fed Chairman Alan Greenspan says there is an “extraordinarily unstable position” in the price earnings ratio.
African-Americans Say They're Savers, Not Investors
New research by Prudential showed that African-Americans were financially confident overall but faced some gaps in retirement planning.
Are Your Clients Paying Too Much in Taxes?
“Right now, many advisors and clients don’t fully appreciate the drag on returns caused by taxes, which adds up quickly,” says Russell's Frank Pape.