Making that first million is always the hardest, but for millionaire retirees, it's not that big a deal, according to a new Ameriprise Financial survey. The study, of 432 millionaire retirees, found that 40 percent felt that passing seven fig...
Raymond James completed its acquisition of Deutsche Bank’s U.S. private client brokerage over the weekend, which it has rebranded to Alex. Brown. With the firm’s integration behind them, the Raymond James unit will now focus on aggressively recru...
Net worth: $1 billion. | Copyright National Archives, Getty Images
With billionaire Donald Trump the Republican Party's nominee for President of the United States and Hillary Clinton releasing her recent tax returns, CNBC listed the top 10 ric...
(Bloomberg) -- Raymond James Financial Inc. agreed to acquire Canadian private-wealth manager MacDougall MacDougall & MacTier Inc., the latest in a series of takeovers by the U.S. financial services firm...
Not going away.
Robo advice, often spoken of as a tool only suitable for the mass affluent, is gaining popularity among high-net-worth investors. According to a report by Swiss research company MyPrivateBanking, 70 percent of wealthy investors...
What's old is new again.
Patrick Campion is returning to Deutsche Bank. Campion has been named Head of Wealth Management in the Americas, reporting to Fabrizio Campelli, global head of Deutsche Bank Wealth Management. Campion previously worked...
(Bloomberg) -- MetLife Inc. Chief Executive Officer Steve Kandarian has a $350 billion problem...
Some go up, some go down.
Asset-weighted average fees across all U.S. mutual funds and ETFs fell from 0.64 percent in 2014 to 0.61 percent in 2015, according to a new report from Morningstar. But the research firm suggests the decline is not ...
