On Feb. 20, 2008, my husband, Peter Nesvold a newly minted partner at Bear, Stearns & Co. Inc. came home and said, I think my firm is going bankrupt. I told him he was crazy, that Bear Stearns had one of the strongest...
The wealth management industry has become the darling of the media, with headlines flashing Wall Street Fights Over the Rich and How to Bank Like a Billionaire. Though the trade has quietly been around for more than...