Top 10 Trends in Wealth Management for 2012
Whither wealth management? The industry will continue to undergo radical changes that began in 2008, says Aite Group in a detailed report.
Philanthropy Focus: US Bank and the UHNW, Pt 3—Family Retreats; Investing
At Ascent, clients are asked about the purpose behind their money, to see what kind of impact they want from their philanthropy.
Philanthropy Focus: US Bank and the UHNW, Pt. 2—Entrepreneurs
Michael Cole, president of US Bank's Ascent Private Capital Management, says that UHNW clients can find community around philanthropy, and can use their entrepreneurial skills as well.
Philanthropy Focus: US Bank and the UHNW, Pt. 1—Wealth's Impact
Ascent Private Capital Management, the UHNW division of US Bank, incorporates philanthropy from the beginning of the engagement, using staff skilled in more than just managing money.
Big Changes in Wealth Management Seen as Open Architecture Trend Expands
With open-architecture platforms, wealth managers can bring to average investors the same advantages that high net worth clients have been getting for years.
New Hires Roundup: U.S. Bank Adds Steiger; CAIS Welcomes Stone, Promotes Cobon
This week in new hires, Heidi Steiger added to U.S. Bank’s wealth management business; Landon Stone went to CAIS, which also promoted Lachlan Cobon.
New Hires Roundup: BlackRock Adds Taborsky; Fisher Goes to Touchstone; Harris myCFO Appoints Lee
This week in new hires, Morningstar advances Harding; Penn Mutual brings in Reynolds; Meader Chairs CFA Institute board; IPI appoints Kumar and Sutherland.
Tim and Ted's Excellent Adventure
The answer to the question everyone’s asking is “like a fox.”
IRS Provides Answers for Holders of Foreign Assets
The IRS has finally begun to answer many key questions asked by advisors on repercussions of failure to file an FBAR.
U.S. Bank Re-Brands Ultra-HNW Group
Ascent Private Capital Management is being led by former-Wells Fargo executive Michael Cole.