All articles by Verdict Staff
Verdict Staff
World’s wealthiest individuals have up to 4 wealth managers: Scorpio
The world’s wealthiest individuals are not easy to impress, mainly due to their notoriously high standards and unique needs. On average, these individuals have not one, but three or four wealth managers each, William Wesnofske reports.
Investor optimism rises, driven by the bright outlook of retirees: Wells Fargo
The Wells Fargo/Gallup Investor and Retirement Optimism Index jumped 12 points in the first quarter, rising to +37 in February from +25 in November 2013.
WH Ireland hires new finance director
WH Ireland has hired Dan Cowland as its new finance director, succeeding Alan Kershaw who has quit the firm at the end of last month.
Growing worldwide investor appetite for Asian private real estate drives fundraising success: Preqin
New research from Preqin demonstrates that despite an uncertain outlook for many Asian economies, appetite for Asian private real estate has grown among investors based in North America and Europe, as well as Asia.
Raymond James announces private client group leadership appointments
Tom Walrond has been appointed chief operating officer and senior vice president of Raymond James & Associates (RJA) Private Client Group, the employee broker/dealer subsidiary of Raymond James Financial, according to RJA PCG President Tash Elwyn.
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Western Asset Management names new co-head for EMD team
Western Asset Management, a wholly-owned subsidiary of Legg Mason, has named Chia-Liang Lian as co-head of the emerging markets debt (EMD) team, with effect from April 2014.
Morningstar establishes equity research analyst team in Europe
Morningstar is expanding its equity research offering in Europe with the appointment of Alex Morozov, CFA as director of equity research, Europe, and Allen Good, CFA, Philip Gorham, CFA, FRM, and Allan Nichols, CFA as senior equity analysts.
Morgan Stanley Wealth Management appoints new Mid-Atlantic regional director
Morgan Stanley has appointed Lisa Cregan as the new Mid-Atlantic regional director for its wealth management business, based in Washington, DC.
Workflows critical to transforming advisory firms into sustainable businesses: SEI
Although systematic workflows are critical to increasing a firm’s value and ensuring a consistent client service experience, more than half of financial advisors (54%) have yet to adopt workflow processes, according to a white paper released by SEI.
Former Credit Suisse banker to plead guilty in US tax evasion case
Andreas Bachmann, a former banker at a Credit Suisse Group, has agreed to plead guilty in relation to a July 2011 indictment for helping rich Americans to evade taxes.