Suzanne Currie and Ellen Snibbe Baker talked to PWF about their decision to launch Baker Currie Global, their Manhattan-based third-party marketing and placement agent servicing firm. The firm works as a consultant for family offices, hedge funds and private equity firms.
Threshold Group has promoted Mark deVries to Director of Manager Research and separately, Alex Hokanson was hired as Senior Investment Analyst.
Citigroup Inc. (C) shuffled the top executives of several businesses including its private bank and mortgage unit and the unit that houses non-core businesses and assets.
Trust Company of America, a technology and custody provider for RIAs, said it has entered a relationship with United Planners Financial Services, PWF has learned. UP is a national RIA and broker-dealer partnership with more than 350 advisors nationwide.
Boston-based global analytics firm Cerulli Associates predicts an increase in the number of boutique advisory firms as the erosion of the wirehouse channel continues.
Fremont Bank is boosting its wealth management offerings as the Bay Area’s largest community banks go up against the region’s big banks for affluent clients.
Effective succession planning relies in part on the personal retirement readiness of executives. But what happens if current executives are financially unable to retire when planned — or simply not ready to leave the workforce?
US-headquartered firms looking to tap into the growing HNW population in Canada should consider offering certain advisory services to clients, rather than eyeing an expansion strategy in the country. However, the lack of multi-family offices in the country could still be a marked opportunity for certain firms.
Opes Advisors, a Palo Alto, Calif.-based wealth management firm with plans to build into a quasi-family office, is looking for wealth advisors to join its team. The firm said the new hires will report directly to the v.p. of business development.
5/22/13 •United Planners Links with Trust Company of America
5/22/13 •Cerulli Expects More Boutique Firms as Wirehouses Erode
5/20/13 •Baker Currie Global on Why the Time Was Right for Their New Venture
5/16/13 •US Firms Looking at Canada Should Offer Services Rather than Launch Shops
5/15/13 •Getting the Girls: Krawcheck To Buy Membership Firm 85 Broads
5/15/13 •Social Media Helped MFO Growth, But Lack of Differentiation A Key Issue
5/13/13 •Advisor Headcount Predicted to Continue Its Slide
5/09/13 •Segal Rogerscasey, Frontier Advisors Form Alliance
5/06/13 •Money Worries, Planning for Blended Families & Retiree Reinvention the Themes of new ML Survey
5/03/13 •Trust Company of America, RIA in a Box Form Alliance
5/03/13 •Greycourt Names New CIO
5/01/13 •Clients Want More Diverse Advisors, While Firms at Standstill to Hire
4/30/13 •Atlantic Trust Adds Biz Development Officer in Chicago
4/29/13 •CIBC On Atlantic Trust Acquisition
4/25/13 •Westport Resources Names COO of Private Client Group
4/24/13 •Families Should Start Social Media Ed Early, Says Family Wealth Alliance Webinar
4/19/13 •Fiduciary Trust Names New MD, Senior Portfolio Manager
4/17/13 •TIAA-CREF Looks to Grow Westchester Team
4/17/13 •Celent Says Wealth Management Outsourcing To Climb, Yet Vendor Offerings Mimic Eachother
4/16/13 •Tiger 21 On the Spike in Seattle Wealth