Credit Suisse to Focus on Wealth Management
Scaling back the investment bank in favor of managing money for rich clients would mirror the approach of UBS, the bank's larger Swiss rival.
More in High-Net-Worth
An online platform designed to inform advisors about millennials is one of several approaches by fund providers to help better understand the new generation of investors as well as protect their offerings. more »
Advisors failed to win FINRA arbitration case for compensatory damages in excess of $5 million for a number of grievances. more »
Steve Prostano, the former CEO of Silver Bridge Advisors, joined the bank's wealth management group to develop services for the ultra-wealthy. more »
Wealthy millennials are downloading apps more than other age groups, but for many categories it's boomers and Gen Xers who are the key users. more »
The firm's wealth advisory services group hired a senior regional wealth advisor to work with high-net-worth clients in the New York area. more »
SunTrust Bank's ultrahigh-net-worth affiliate hires managing director to expand its business in the western United States. more »
Don't despair, industry leaders say. Even wealthy and digitally minded millennials will still want personalized advice. more »
With roughly half of American marriages ending in divorce, advisors are likely to find themselves helping clients navigate the process. Financial advisor and divorce expert Michelle Fox warns advisors not to make clients promises they may not be able to keep. more »
Wealthfront CEO Adam Nash says “Silicon Valley optimism” will help reimagine and redefine financial services. more »
The deal will give Stifel about 180 financial advisors managing $56 billion in total client assets. more »
The firm's recruiting win mirrors similar pickups of billion-dollar teams by rivals Merrill Lynch and Raymond James. more »
Don't lose sight of what attracted them to you in the first place. more »
Some of the independent B-Ds specialize in high-end clients with big accounts. See which firms reported the highest share of accounts topping $100,000 -- and what their total client assets are. more »
The July Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

November 3, 2015 | The Broadmoor Hotel in Colorado Springs, Colorado

November 4, 2015 | New York Hilton Midtown, New York, NY

November 12, 2015 | Salt Lake City, Utah

February 10, 2016 | Marriott Harbor Beach Resort, Ft. Lauderdale, Fla.

Already a subscriber? Log in here