High Net Worth http://wealthmanagement.com/taxonomy/term/6603/more en When the Saints Go Marching In... http://wealthmanagement.com/high-net-worth/when-saints-go-marching <div class="field-deck"> Saints owner Tom Benson's family challenges his mental capacity </div> <div class="node-body article-body">Saints and Pelicans owner Tom Benson recently adjusted his succession plan to cut out his children completely. They're not happy.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/high-net-worth/when-saints-go-marching" target="_blank">read more</a></p> http://wealthmanagement.com/high-net-worth/when-saints-go-marching#comments High Net Worth Public Fri, 23 Jan 2015 16:04:00 +0000 759681 at http://wealthmanagement.com <p>New Orleans Saints and Pelicans owner Tom Benson recently adjusted his succession plan, adding his wife, Gayle (right), and cutting out his children completely.</p> Copyright Ronald Martinez, Getty Images Be a Monkey http://wealthmanagement.com/blog/be-monkey <div class="node-body blog-body">Forget picking stocks and stick to passive, index-based funds, says Princeton University professor Burton Malkiel on ETFFunds.com.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/be-monkey" target="_blank">read more</a></p> http://wealthmanagement.com/blog/be-monkey#comments Blogs ETFs Marketing High Net Worth The Daily Brief Fri, 23 Jan 2015 10:00:00 +0000 758691 at http://wealthmanagement.com <p><em>Copyright Douglas Grundy, Getty Images</em></p> Edelman Hires CFO as COO http://wealthmanagement.com/blog/edelman-hires-cfo-coo <div class="node-body blog-body">Ric Edelman, founder of Edelman Financial, has found a new COO, starting the process of replacing himself at the helm of the RIA. Edelman has moved CFO Rene Chaze to the newly created COO role. </div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/edelman-hires-cfo-coo" target="_blank">read more</a></p> http://wealthmanagement.com/blog/edelman-hires-cfo-coo#comments Legal People RIAs Blogs High Net Worth Retirement Planning The Daily Brief Thu, 22 Jan 2015 10:00:00 +0000 757681 at http://wealthmanagement.com Expanding Your Client Base to the Next Generation http://wealthmanagement.com/client-relations/expanding-your-client-base-next-generation <div class="field-deck"> Three ways to build and maintain relationships with your millennial family clients </div> <div class="node-body article-body">Here are three recommendations to help you build and maintain relationships with your millennial family clients. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/client-relations/expanding-your-client-base-next-generation" target="_blank">read more</a></p> http://wealthmanagement.com/client-relations/expanding-your-client-base-next-generation#comments Client Relations High Net Worth Public Wed, 21 Jan 2015 14:42:00 +0000 756251 at http://wealthmanagement.com <p>Millennials want to be understood, and they must feel like their advisors know and understand them to believe that they have their best interests at heart.</p> designaart/iStock/Thinkstock Obama Speech to Call for Closing Tax Loopholes http://wealthmanagement.com/high-net-worth/obama-speech-call-closing-tax-loopholes <div class="field-byline"> Reuters </div> <div class="node-body article-body">President Barack Obama's State of the Union address will propose closing multibillion-dollar tax loopholes used by the wealthiest Americans, imposing a fee on big financial firms and then using the revenue to benefit the middle class, senior administration officials said.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/high-net-worth/obama-speech-call-closing-tax-loopholes" target="_blank">read more</a></p> http://wealthmanagement.com/high-net-worth/obama-speech-call-closing-tax-loopholes#comments Industry High Net Worth Tue, 20 Jan 2015 13:00:00 +0000 754801 at http://wealthmanagement.com <p>President Barack Obama will give the annual State of the Union address on Tuesday night.</p> Copyright Bill Pugliano, Getty Images From the Heckerling Floor: Interview with BNY Mellon Wealth's Joan Crain http://wealthmanagement.com/high-net-worth/heckerling-floor-interview-bny-mellon-wealths-joan-crain <div class="field-deck"> An update on the state of global wealth planning and reporting </div> <div class="node-body article-body">BNY Mellon's Joan Crain stops by our booth to discuss the state of global wealth planning and reporting</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/high-net-worth/heckerling-floor-interview-bny-mellon-wealths-joan-crain" target="_blank">read more</a></p> http://wealthmanagement.com/high-net-worth/heckerling-floor-interview-bny-mellon-wealths-joan-crain#comments High Net Worth Public Fri, 16 Jan 2015 14:34:00 +0000 753971 at http://wealthmanagement.com <p>Joan Crain</p> The Daily Brief: How Big is Your Desk? http://wealthmanagement.com/blog/daily-brief-how-big-your-desk <div class="node-body blog-body">Ever wonder how you wound up in an office cubicle instead of a private office with your own secretary, couch and wet bar? </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/daily-brief-how-big-your-desk" target="_blank">read more</a></p> http://wealthmanagement.com/blog/daily-brief-how-big-your-desk#comments Industry Blogs Equities High Net Worth Retirement Planning The Daily Brief Mon, 12 Jan 2015 10:00:00 +0000 748141 at http://wealthmanagement.com <p><em>Copyright Oli Scarff, Getty Images</em></p> Why Risk Management Belongs in Your Client’s Portfolio http://wealthmanagement.com/high-net-worth/why-risk-management-belongs-your-client-s-portfolio <div class="field-byline"> Parker Beauchamp </div> <div class="field-deck"> If your client needs risk management, remind them that the more they have, the more they stand to lose. </div> <div class="node-body article-body">If your client needs risk management, remind them that the more they have, the more they stand to lose.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/high-net-worth/why-risk-management-belongs-your-client-s-portfolio" target="_blank">read more</a></p> http://wealthmanagement.com/high-net-worth/why-risk-management-belongs-your-client-s-portfolio#comments Asset Protection Insurance High Net Worth Wealth Planning Wed, 07 Jan 2015 16:00:00 +0000 746121 at http://wealthmanagement.com ratch0013/iStock/Thinkstock Investors Eye 2015 with Big Appetite for Hedge Funds - Report http://wealthmanagement.com/alternative-investments/investors-eye-2015-big-appetite-hedge-funds-report <div class="field-byline"> Reuters </div> <div class="field-deck"> Hedge funds took in roughly $112 billion in new money this year </div> <div class="node-body article-body">Wealthy investors are poised to put at least $90 billion into hedge funds next year, even after returns have largely been lackluster this year, research firm eVestment said on Tuesday.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/alternative-investments/investors-eye-2015-big-appetite-hedge-funds-report" target="_blank">read more</a></p> http://wealthmanagement.com/alternative-investments/investors-eye-2015-big-appetite-hedge-funds-report#comments Alternative Investments Strategies High Net Worth Wed, 31 Dec 2014 14:15:00 +0000 741461 at http://wealthmanagement.com The Year In Celebrity Estate Planning http://wealthmanagement.com/wealth-planning/year-celebrity-estate-planning <div class="node-body gallery-body">There were a number of lessons to be learned from celebrity estates in 2014. Here are the highlights.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wealth-planning/year-celebrity-estate-planning" target="_blank">read more</a></p> http://wealthmanagement.com/wealth-planning/year-celebrity-estate-planning#comments High Net Worth Wealth Planning Wed, 31 Dec 2014 10:00:00 +0000 737911 at http://wealthmanagement.com