Tag Archives: wealth management

Offshore Family Offices: A Growing Trend in Wealth Management and Succession Planning

22 May
Offshore Family Offices

Family offices have long been a part of the financial landscape, offering comprehensive wealth management solutions for high-net-worth families. Traditionally rooted in their home countries, these offices have started to explore the potential benefits of going offshore, leading to a growing trend in the establishment of offshore family offices. Understanding Offshore Family Offices An offshore […]

The Role of Offshore Insurance in Comprehensive Wealth Management

14 May
Offshore Insurance

Insurance is a fundamental aspect of comprehensive wealth management, providing essential protection against a wide range of financial risks. Offshore insurance adds another layer to this protection, offering unique benefits that can enhance wealth preservation and growth. This article will delve into the critical role of offshore insurance in comprehensive wealth management and why it […]

KYC, Transparency and Duty of Care in Wealth Management

18 Mar
Wealth Management

In Wealth Management for Asset Protection what is Duty of Care Duty of care is a legal obligation that requires wealth managers to act in the best interests of their clients and exercise a reasonable standard of care and skill when managing their assets. This duty encompasses a wide range of responsibilities, including providing sound […]

RBC Wealth Management Teams with Transamerica and FuturePlan by Ascensus to Expand Retirement Plan Access with Innovative New Pooled Plan Solution

29 Sep
RBC Plaza in Minneapolis, headquarters for RBC Wealth Management, formerly Dain Rauscher Wessels, a firm acquired by RBC in 2000

RBC Plaza in Minneapolis, headquarters for RBC Wealth Management, formerly Dain Rauscher Wessels, a firm acquired by RBC in 2000 New Product of RBC Wealth Management Helps Small and Mid-sized Business Owners Provide Essential Benefits to Employees by Reducing Administrative Burdens and Mitigating Risk MINNEAPOLIS, Sept. 29, 2022 /PRNewswire/ – RBC Wealth Management is teaming up with Transamerica and FuturePlan […]

Envestnet Announces Winners of Essential Advisor Awards and First-Ever EIOC Vision Awards

17 May
The Square in Vieux Carre ~ New Orleans ~ Advisor Awards

NEW ORLEANS, May 17, 2018 /PRNewswire/ — As part of its ongoing commitment to helping ensure the success of the financial services industry, Envestnet (NYSE: ENV) today announced the winners of its first-ever Envestnet Institute on Campus (EIOC) Vision Awards and its Essential Advisor Awards at the annual Advisor Summit in New Orleans. “Just as we provide the tools and […]

Chinese Offshore Private Credit Fund

28 Mar
Chinese offshore private credit fund

CreditEase Wealth Management Announces New Investments in the US Marketplace Lending Platforms US$80 Million will be fully deployed by end March 2017 NEW YORK, March 28, 2017 /PRNewswire/ — CreditEase Wealth Management announces today that its Offshore Private Credit Fund (OPCF) has invested a total of US$30 million in two transactions with OnDeck and LendingHome, […]

Despite global offshore financial market growth slowing in 2015, political and economic unrest will keep the industry afloat

06 Sep
global offshore financial market

London – 6 September 2016 – While 2015 was a weak year for the global offshore financial market, with growth slowing to 1.6% over the previous year, there are notable differences between offshore centers and their propositions and performances, and wealth managers need to understand these differences to service customers more effectively, according to financial […]

Don’t Let Overreaction To Brexit Drive You Into Panicky Investment Decisions

10 Jul
Brexit in a Morgan Triptych

The British vote to leave the European Union – commonly referred to as the Brexit – seemed to catch much of the world by surprise, at least temporarily shook up the markets and left many people wondering whether they should act quickly to protect their investments. But puzzled American investors should wait to see how […]

Tax Efficiency Drives Less than a Quarter of High Net Worth Offshore Investment

25 Jun

Despite the commonly-held belief that tax considerations primarily drive offshore investment, only 23.2% of global high net worth (HNW) wealth is invested offshore for tax reasons, while 24.1% derives from HNW individuals seeking access to a greater range of investment options, according to financial services research and insight firm Verdict Financial. The company’s latest report […]

Zurich Responds to Increased Regulation by Expanding Coverage for Advisers and Hedge Managers

12 Aug
Lake Zurich and the "Golden Mile" of Zurich

New York, August 12, 2015 – Zurich North America has revised its liability policy for investment advisers, mutual fund and hedge managers following a rise in regulatory risk prompted by new investigative approaches used by the SEC. In 2014, the Securities and Exchanges Commission (SEC) filed a record 755 enforcement actions , obtained orders totaling […]