M
Daily News Analysis
Bank Of The West Wealth Management Expansion On Track
20 June 2013
Bank of The West could bolster its wealth management business by adding of up to 100 extra staff over the next two years, the San Francisco Business Times reports. As previously reported by this publication, the bank is pioneering a wealth management model and launching dedicated centers for its wealthy clientele where they can access a range of services in one place . The professionals staffing such centers come from the private client advisor, trust, private mortgage banking, business banking, and portfolio management sides of the business.
*****
Median Fund, Equities Posted Gains In May - Deutsche Bank Hedge Fund Report
20 June 2013
A study by Deutsche Bank on hedge funds showed that the median fund gained 0. 68 per cent last month, taking global median 2013 performance up to 4 . 68 per cent through to the end of May.
*****
Oppenheimer Asset Management Hires Managing Director In Boston
20 June 2013
Oppenheimer Asset Management, a unit of New York-listed Oppenheimer Holdings, has appointed Tim Pynchon as managing director and portfolio manager for high-yield, tax-exempt funds. He will be based in Boston, MA . Pynchon - latterly of Pioneer Investment Management - has worked in the asset management business since 1982.
*****
Brown Advisory Appoints Senior Advisor In Washington
20 June 2013
Brown Advisory has hired Vincent Burke as a senior advisor, tasked with using his experience as a lawyer and fiduciary to serve clients throughout the US and expand the firm's presence in Washington, DC. Since 2007, Burke has served as managing director and counsel at Bank of Georgetown . He will continue in those roles in addition to his new position at Brown Advisory.
*****
California Firm Hires Wealth Management Business Development Officer
20 June 2013
Montecito Bank & Trust has hired Suzi Schomer as a vice president and business development officer, reporting to Jeff Pittman, senior vice president and director of wealth management. Schomer has around 30 years of experience in the financial services industry, focused on providing clients in California, Portland, OR, and Austin, TX, with investment and asset management services . During her career she has also developed and implemented wealth management strategies for trust, investment management and private banking clients.
*****
Features
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
13 May 2013
Here, top executives at Citi Private Bank explain how the bank’s “Voice of the Client” initiative has rapidly gained traction among both staff and clients.
*****
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
11 April 2013
WE Family Offices is trying to change the landscape of high-end wealth management with its offering focused on “wealth as an enterprise.”
*****
FEATURE: A Look At The Mexican High Net Worth Client Market
2 April 2013
Mexico is home to the world’s richest man in the form of telecoms magnate Carlos Slim, but its wealth management market has not received the attention of Brazil’s. That may be changing as the emerging economy garners attention from the industry.
*****
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
27 March 2013
GenSpring Family Offices is in some ways a poster child for the multi-family office industry: it grew assets under management very quickly for many years but has recently had to tackle problems that come with this increasing scale.
*****
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
25 March 2013
Relevancy, transparency and ease of use emerged as goals for wealth management firms to strive for in delivering client-centric communications at a recent event of industry leaders held in New York.
*****
News and Features
Latest News
Americans Show Most Love For Art As Investment Of Passion - RBC/Capgemini Study
Bank Of The West Wealth Management Expansion On Track
Brown Advisory Appoints Senior Advisor In Washington
Median Fund, Equities Posted Gains In May - Deutsche Bank Hedge Fund Report
California Firm Hires Wealth Management Business Development Officer
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
An Opportunity For Advisors: Helping Uncertain Clients Use Their Wealth For Social Good
Meg Lassar of Chicago, IL-based Strategic Philanthropy talks about the opportunity for advisors to provide charitable planning services to their affluent clients.
Meg Lassar
20 June 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
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.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
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.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
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.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
