12 October 2011
Prudential Investment Management has appointed David Hunt as its new chief executive. Hunt joins from McKinsey & Company, where he served as senior partner and co-leader of the North American asset management business . At Prudential, he is tasked to oversee all of the asset management businesses, including public fixed income, real estate, public equity, private fixed income, mutual fund and wealth management units.
6 July 2011
Barclays Wealth added six investment representatives in the US, strengthening its presence in the key markets of Boston, New York and Washington DC. In Boston, Daniel Caso joined the firm from Merrill Lynch, where he worked for the past four years . Before working at Merrill Lynch he was a managing director in the private client services division of Bear Stearns.
21 June 2011
Wealth Management Solutions, the advisory firm which is part of Prudential Financial, has appointed John Yackel as senior vice president and director of sales and relationship management. Yackel brings 20 years of industry experience to the role and most recently worked with ultra high net worth clients at Fortigent . Before that, he was with SEI.
6 May 2010
Morgan Stanley Smith Barney, the wealth management joint venture between Morgan Stanley and Citi, reportedly announced two leadership changes within its investment consulting group. Marc Brookman was appointed to the newly-created position of director of sales, while Thomas Butler was named head of products and platform development . Both Brookman and Butler were appointed internally.
8 April 2010
Prudential Real Estate Investors has boosted its global marketing and client services unit with the appointment of Mark Chamieh as managing director and co-head. PREI is the real estate investment management and advisory business of Prudential Financial Inc . Prior to the hire, Chamieh served as managing director and global head of marketing for JER Partners, overseeing the firm's capital markets team, as well as its global investor relations and capital raising activities.
16 March 2010
Sales declined and revenues were flat last year at broker-dealer holding company National Planning Holdings, but the firm did add more than 300 brokers to its sales force last year, a 10 per cent jump. Sales declined 3 . 8 per cent from $14.
19 February 2010
Madison, New Jersey-based boutique wealth advisory firm Brinton Eaton has named financial services industry veteran Marla Markowitz Bace as chief marketing officer. Ms Bace has been working for Brinton Eaton on a consulting basis for the last six months and had previously been head of global marketing best practices at UBS Wealth Management and CMO at J H Cohn LLP, a national accounting and consulting services company . Earlier, she was a brand manager at Nabisco.
26 August 2009
Indirect Jackson National affiliate helps CUs ramp up on private-client side. Tampa, Fla . -based broker-dealer investfinancial.
20 August 2009
Models-based acct firm rolls out approach to investing for multiple goals. Fractional-share managed account platform provider Curian Capital has launched something it calls the Curian Custom Wealth Platform, which gives investors an aggregated view of the Curian holdings . It's meant to help advisors integrate the firm's Custom Style Portfolios with new Curian investments with the aim of arriving at an investment plan that "outlines the risk tolerance and asset allocation for multiple investment goals," according to a Curian press release.
1 July 2009
Kelleher Family Wealth Management names manager for its flagship NYC branch. Kelleher Family Wealth Management, the private-client group of Wall Street Access' Advanced Strategies RIA, has put former Wachovia Securities branch manager James Pritchard in charge of its New York office -- its one and only location . The firm says the move is meant to support anticipated growth in and immediately around New York.
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 Yorkís Rothstein Kass Family Offices Group, says partner Evan Jehle.
9 April 2013
Building functionality into a familyís business affairs involves defining each personís role but itís 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