Wealth management

Severe declines provide the opportunity to review their portfolios and ensure their current plans support their short- and long-term goals.

The bank, which has made wealth management its central focus, plans to charge its Swiss clients an annual fee of 0.6% on deposits of more than 500,000 euros.

The industry is embracing new technology, big data and alternative investment strategies as clients demand more from funds.

One team wanted more flexibility and time to manage their clients’ financial needs.

The next big institution is going after fintech, but there’s still a long road ahead.

CEO Philip Sanders admits the past two years of the segment’s overhaul have been “a grind,” but he says it’s now ready to grow.

Gaining notoriety and AUM is a challenge without a long-term track record, an extensive distribution network and a well-planned marketing strategy.

If approved, the actively managed product will hold anywhere from 60 to 100 equities across sectors and will have no position holding over 5%.

Asset managers are embracing new distribution technology, big data and alternative investment strategies.

FNG is one of a growing number of actively managed ETFs that have the freedom to tune their exposure whenever they want.

The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.

Managers will actively evaluate an asset’s characteristics — its value or momentum, for example — to determine what to buy.

Former retail brokerage head David Kowach is moving to the consumer bank.

Lightyear Capital sold its majority stake in Wealth Enhancement Group to another wealth management industry entrant.

The freshly recapitalized firm is offering succession services without any custodial or affiliation requirements.

Successful firms reveal how they appeal to wealthy prospects — and elite advisors.

There are red flags that may be pointing to elder fraud in a client account.

The revamped fund from BP Capital will now track an index of companies that derive “significant revenue” from sustainable energy.

Clients often underutilize deductions for work-related technology purchases and travel expenses.

After affiliating with Advisor Group following its acquisition, Signature Estate & Investment Advisors aims to offer its TAMP across the network.