Beverly Hills Wealth Management
5 July 2012
Bob Diamond resigned as chief executive of Barclays in the wake of a LIBOR-rigging scandal that has rocked the financial industry. Eaton Vance Investment Counsel, a subsidiary of New York-listed Eaton Vance, appointed William Gillen as vice president of business development . Gillen will be responsible for enhancing its presence “in the marketplace and overall marketing efforts,” as well as managing select client relationships, reporting to David McCabe, president of EVIC.
12 June 2012
California’s Beverly Hills Wealth Management has appointed industry veteran Steven Stahlberg as western division director, with immediate effect. Stahlberg joins BHWM with over 30 years of industry experience and will focus on growing and developing the firm’s presence on both a regional and national scale, according to a statement . “I chose BHWM for the ‘entrepreneurial’ opportunity it offers its wealth management advisors to be owners of the business and contribute to the creative and intellectual process,” Stahlberg said.
5 June 2012
Washington Wealth Management’s chief executive and co-founder Anthony Sirianni left to pursue “other personal and professional interests,” the firm said. Robert Bartenstein, who previously served as chief of firm strategy, replaced Sirianni . Robert Kaplan, co-chief of the asset management unit at the SEC’s enforcement division, joined Debevoise & Plimpton as a litigation partner resident in Washington DC.
29 May 2012
As part of a series analyzing the Californian wealth management industry, here Family Wealth Report shares insights from firms on their Californian operations.
25 May 2012
In 1848, James Marshall found gold in California, creating a rush of wealth-seekers to the state. Fast forward nearly 200 years and wealth managers are heading west in search of industry gold: ultra-wealthy clients.
22 May 2012
Beverly Hills Wealth Management, the registered investment advisory firm, has launched an office in San Diego, CA, adding financial advisor Taylor Schulte to spearhead new operations in the area. Schulte, who was previously a financial advisor at Morgan Stanley, will provide wealth management and portfolio development services to clients, the firm said . The San Diego office represents the firm’s third office overall; its headquarters are in Beverly Hills, with an additional office in Phoenix, AZ, which opened in January.
8 May 2012
Beverly Hills Wealth Management, the registered investment advisory firm serving high net worth individuals, families and businesses, has hired Joe Ellison as a senior vice president and wealth management advisor. In his new role, Ellison will concentrate on HNW portfolio construction and investment management, the firm said . Prior to Beverly Hills, Ellison was a managing director at JP Morgan from 2009 to 2012, and a senior vice president at Morgan Stanley from 1992 until 2009, where he worked with corporations, as well as individuals, developing 401(k) plans, managing cash, bond and equity portfolios, and building estate plans.
8 May 2012
Beverly Hills Wealth Management, a registered investment advisory firm specializing in high net worth clients, has launched a cloud-based dashboard for RIAs called BHWM Maestro. The dashboard was developed in-house by BHWM along with Intel, the software giant, and allows RIAs and advisors to consolidate their operational, sales and compliance tools into a “branded, controlled, cloud accessible environment,” the wealth manager said in a statement . Intel provided the identity access management component.
7 March 2012
Neuberger Berman, the New York asset management firm, appointed Diane Lederman as president and chief executive of Neuberger Berman Trust Company. Previously, Lederman was head of Neuberger’s wealth planning and general counsel . In her new role, she reports to Kenneth Rende, who has been head of Neuberger Berman’s wealth management business since 2009.
14 February 2012
Beverly Hills Wealth Management, the California-based registered investment advisory firm, has bolstered its compliance and investment teams with two hires. Bart Albrigo joins the firm as a senior vice president and financial advisor, responsible for portfolio construction and investment management for Beverly Hills Wealth’s high net worth client base . At Morgan Stanley he focused on wealth management for private clients and charitable foundations.
News and Features
Comment and Analysis
Zürcher Kantonalbank, the biggest Swiss cantonal bank, expects to pay a fine to US authorities as part of a deferred prosecution agreement for its alleged role in helping US citizens evade taxes, media reports said.
24 May 2013
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
20 March 2013
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
4 April 2013
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
9 April 2013
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
8 April 2013
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
25 March 2013