4 September 2012
Brown Brothers Harriman, a privately-held financial services firm, brought in Michael Kim to serve as chief investment officer of its wealth management business, based in New York. Kim, who rejoins the firm having initially started in 1994, will have overall responsibility for Brown Brothers Harriman Wealth Management's investment offering globally, including asset allocation, manager selection and investment performance . He reports to Charlie Izard, partner responsible for wealth management.
21 August 2012
Charlotte Beyer is stepping down from her role as chief executive of the Institute for Private Investors, effective today.
2 August 2012
The Wharton School of the University of Pennsylvania and the Institute for Private Investors are to formally launch The Wharton IPI Private Wealth Network - a new resource for investors which formalizes the network built over the past 13 years via the IPI Private Wealth Management program, the organizations said. The IPI Private Wealth Management program is a five-day residential program which since 1999 has been joined by 652 investors from 36 countries . “The professors and I noticed a very natural connection and common interests among the hundreds of investors who’ve attended the program and we felt ready to launch a formal network,” said IPI founder and chief executive Charlotte Beyer.
6 January 2012
Investors are going back to basics and looking to invest directly in businesses as public financial markets bite, a new survey from the Institute of Private Investors suggests.
13 September 2011
An “unmistakable trend” is occurring in the single-family office space, and nearly half are now outsourcing the chief investment officer function, according to a new survey by the Institute for Private Investors, the networking firm for ultra-wealthy investors. The survey results show a marked increase in outsourcing since 2005, when only a quarter of SFOs outsourced the investment function – meaning that the number doing so has almost doubled in six years . The single-family offices outsourcing the CIO function are concentrated among those with assets under $500 million, three-quarters of which choose to outsource.
24 May 2011
The ultra high net worth families who are members of the Institute for Private Investors have nearly a third of their portfolios invested internationally, according to the organization’s annual Family Performance Tracking Survey. The survey found an increasing international slant to the way members invest, with one in five having over 50 per cent of their portfolios invested outside of the US . The most popular way of gaining this exposure is through international equities, with 67 per cent of the sample invested, followed by hedge funds (57 per cent) and private equity (49 per cent).
11 May 2011
Some 63 per cent of ultra high net worth investors are "fully satisfied" with their advisor relationships, a new survey by the Institute of Private Investors finds. The study, Both Sides Now: Perceptions of the Advisor-Investor Relationship, aims to demonstrate the trends among investors, as regards to diversifying across multiple firms . In the survey, 69 per cent of investors said they relied on a primary advisor, while 50 per cent said they relied on one firm.
2 February 2011
The Institute for Private Investors has been acquired by Campden Media, a UK-based publisher. IPI will keep its name and operate as a separate brand under Campden . President Kristi Kuechler has resigned and her post will not be filled.
11 December 2009
Kristi Kuechler, senior managing director for The Institute for Private Investors, a prominent New York-based networking and educational organization for wealthy families, will become the first president in the organization’s 18-year history on 4 January, Family Wealth Report has learned. The announcement was made by Charlotte Beyer, the IPI’s founder and chief executive, at the organization’s annual year end forum in New York on Tuesday . Ms Kuechler, a five-year veteran of the organization, will remain based in San Francisco.
10 December 2009
Wealth managers will be on the hot seat today in midtown Manhattan – and loving it. The reason? They’ll be talking to wealthy investors who they’d love to have as clients at the Institute for Private Investors annual year end forum at the St Regis Hotel . The wealth executives have fair warning that the wealthy will put them on the spot: the forum “will include a format to meet, compare and ‘grill’ managers and advisors,” the program for the event clearly states.
News and Features
Comment and Analysis
The rising level of financial sector regulation means that fewer firms will be able to offer the full suite of wealth management products, according to the RBC/Capgemini World Wealth Report.
19 June 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