Updated Wednesday, April 23, 2014 as of 3:13 PM ET
Why a Family Business Works
For most advisory firms, family dynamics are a daily part of client interaction. Couples have varying spending habits and risk tolerances, clients need help with legacy planning for children or grandchildren.
Some advisors also have the opportunity to work with their own family members. I'm one of them. Having worked in a family-run financial services business for more than two decades - with my father, two brothers and brother-in-law - I can tell you with some authority that working in a family business is so much fun.   more »
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Stifel Financial, the brokerage that bought boutique investment bank KBW Inc., said it’s closing its Canadian operations. more »
Boutique and hybrid models are poised for growth as larger firms cede market share, according to a new Cerulli report more »
Credit Suisse Group AG said it’s increasing the proportion of assets under management from super- rich clients, helping to boost profit margins at Switzerland’s second-largest wealth business. more »
J.P. Morgan Securities announced Wednesday it has added eight advisors to its offices in Boston, New York City, and Florham Park, N.J. more »
Piper Jaffray announced Wednesday that it will acquire Seattle-Northwest Securities, pending shareholder approval at Seattle-Northwest. The deal is expect to close in the second half of 2013. more »
Martim de Arantes Oliveira will be responsible for driving the growth of Ascent’s new office, which will open this summer. more »
Advisors on the Move: Cambridge Snags $500 Million Team

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