Ultrahigh net worth

The wealthiest clients require teams of professionals leveraging the highest touch service with a global reach, Markus Lammer, COO of Credit Suisse’s UHNW business in the U.S., explains in an episode of Financial Planning’s Invest Podcast.

Deposits increased by almost $30 billion in March alone, with clients shifting out of equities and into cash.

The firm sees "light at the end of the tunnel," says Silvia Ardagna, managing director in the investment strategy group within the firm's private wealth management unit.

The biggest challenge for serving ultrahigh-net-worth clients in the future will be grasping and attending to their specific needs, consultant Jamie McLaughlin says in an episode of Financial Planning’s Invest Podcast.

The rout in Asian equity markets this year has not been for the faint-hearted.

The problem was from a bug related to an external software provider.

The world’s 500 richest people have lost almost $1.3 trillion since the start of the year.

Many advisors aspire to serve the coveted group without really understanding their needs, wealth management marketing entrepreneur April Rudin says in an episode of Financial Planning’s Invest Podcast.

The market meltdown has slammed billionaires from every part of the globe and every industry.

A time to buy or a warning to avoid timing markets?

The richer they are, the more options clients have to insulate themselves from the coronavirus and its effects.

The client, Moises Cosio, is a filmmaker and the scion of a Mexican banking and real estate fortune.

The wirehouse shifted and added roles in its private wealth business to capture opportunities in the ultrahigh-net-worth client space.

The Wall Street giant reveals how it plans to capture a bigger share of the HNW and mass affluent markets.

As the firm struggles to find RIAs to buy, CEO Peter Mallouk explains how the Tony Robbins factor has driven growth.

The bank is an aggressive recruiter of HNW and UHNW talent.

When the world’s wealthy look for a bank to entrust with their personal fortunes, Goldman Sachs isn’t necessarily on their speed dial.

The potential for higher taxes next year may accelerate deals.

The operation will start with six employees and offer services to boutique firms that don’t have the capabilities of a large private bank.

The flood of new money has made the area one of the world’s hottest — and most competitive — wealth markets.