Wealth managers need to make key changes in the way they do business to stay competitive, two major studies of the industry have concluded. For example, wealth managers need to leverage “cross-enterprise capabilities” that may reside...
Wealth managers with the right resume—and personality—should find a seller’s market when it comes to filling chief executive and investment officer positions, say search firm executives specializing in the field. But there’...
Whenever a client comes to us after the death of a loved one, particularly in the case of a surviving spouse, he's typically quite overwhelmed. Generally, we find that our clients fall into two categories those who don't know where to begin with...
The challenges of dealing with the choice of tax regimes for 2010 decedents can approach you from many fronts. The tax consequences of the different regimes, the interpretation of formula clauses and the changes in funding due to the imposition of...
Since the financial crisis of 2008, global markets have been surprisingly resilient. Investors who continued to follow disciplined strategies have recovered much of their losses, if not their confidence. Professional advisors have all worked hard...
