Multi-family offices and the HNW segments of local banks have followed large family offices in moving wealth outside the country, advisors told Fund Pro Latin America.
Fidelity’s 11th “Millionaire Outlook Study” finds health concerns are top stressors for all investors
January 13, 2020 by
“There are a lot of stressors in life that are universal and difficult to predict, like health issues or the state of the economy," says Fidelity's David Canter.
Bank of America adds 40 model portfolios to Merrill Lynch Investment advisory program
November 16, 2019 by
New investment-manager model portfolios offer clients more choice and flexibility, with guidance from the company’s chief investment office.
Insigneo adds ex-Citi operations expert to spearhead digitalization push
August 19, 2019 by
Mariela Arana joined the company as it embarks on a growth strategy with a laser-focused plan on digitalizing operations to provide an enhanced client experience.
Inteligo unit Certia makes strong play for affluent accounts in Peru
April 8, 2019 by
David Domingo, manager of Certia, says third-party products with an international focus are part of the solutions platform the firm makes available to mass-affluent Peruvians.
Julius Baer names UBS Mexico alum to coordinate Latam investment solutions
April 7, 2019 by
Polidura will operate from the Zurich offices of Julius Baer, which recently reinforced its activities in Mexico by increasing its global share in NSC Asesores to 70%.
Ex-Principal Chile execs build USD 80 million book advising affluent clients
October 3, 2019 by
Value Advice's Rodrigo González says the firm targets affluent investors that are not receiving the level of service they deserve.
Citi Private Bank seeks to assist FOs in protecting wealthy families’ privacy
November 9, 2018 by
"Without a global standard for privacy protection in a progressively digital world, it is becoming increasingly complex for our clients to safeguard the privacy of wealthy families," says Citi's Edward Marshall.
Exposure to sustainable investment rises with affluence levels, says UBS
October 1, 2018 by
Among the ultra-rich, 40% invest sustainably, compared to 8% of investors with USD 1 million to USD 2 million of investable assets, noted Paula Polito, global client strategy officer, UBS Global Wealth Management.
In welcome move, SEC offers alternative to DOL’s fiduciary rule
May 10, 2018 by
Under chairman Jay Clayton, the SEC's move to create an alternative to the DOL's fiduciary rule is being welcomed by the broker-dealer community.
