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The ultra-high-net-worth investor has developed a growing appetite for hedge funds and other alternative investments, a new report by Spectrem Group says. A survey of more than 100 households with net worth of $25 million or more, excluding...
Over the last decade, trust law has undergone a transformative evolution. It's becoming commonplace for trust settlors to design so-called directed trusts and to transfer existing trusts to new jurisdictions to become modified as directed trusts...
Five months after Bank of America sold it off to private equity firms, First Republic Bank announced today that it plans to go public. The firm plans to raise $285.1 million, and will sell 11 million shares of common stock at an estimated price...
