WM Market Reports
Latest News for WM Market Reports
- August 10, 2010 - HNW Individuals With $20 Million Gravitating To Multi-Family Offices
Individuals and families with $20 million in net worth are increasingly gravitating to multi-family offices rather than the single-family office model, according to the recently published report The Family Office – Advising the Financial Elite. “However, determining the ideal structure remains a customized process considering factors that can vary greatly from family to family,” said Richard Flynn, head of the Rothstein Kass Family Office Group and one of the authors of the report.
- August 9, 2010 - Family Offices - Grappling With The Challenge Of Later Generations
Most family offices focus on the needs of the first three generations of wealthy families, but as families grow - and hopefully prosper - family offices are increasingly grappling with the unique set of challenges posed by working with succeeding generations. The most critical issues facing family offices working with the fourth, fifth and sixth generations of a wealthy family (G 4, 5 and 6 in industry parlance) revolve around governance, communication, family unity, the family’s business and of course, its level of wealth.
- July 5, 2010 - A Look At The Chicago Wealth Management Industry
One of the premier wealth management markets in the country, Chicago is dynamic, growing and lucrative, but at same time quintessentially Midwestern: somewhat conservative, family-oriented and close-knit. It’s an environment that has allowed solid, sizable, resilient, home-grown institutions - Northern Trust being the most notable example - to thrive and prosper.
- July 2, 2010 - Post-Downturn, Chicago Turns The Corner
This is the second part of a feature on the Chicago wealth management sector. To view the previous item, click here.
- June 30, 2010 - Chicago Wealth Management Market: Dynamic, Growing - And Close-Knit
One of the premier wealth management markets in the country, Chicago is dynamic, growing and lucrative, but at same time quintessentially Midwestern: somewhat conservative, family-oriented and close-knit. It’s an environment that has allowed solid, sizable, resilient, home-grown institutions - Northern Trust being the most notable example - to thrive and prosper.
Latest Features for WM Market Reports
- July 5, 2010 - A Look At The Chicago Wealth Management Industry
One of the premier wealth management markets in the country, Chicago is dynamic, growing and lucrative, but at same time quintessentially Midwestern: somewhat conservative, family-oriented and close-knit. It’s an environment that has allowed solid, sizable, resilient, home-grown institutions - Northern Trust being the most notable example - to thrive and prosper. Harris Private Bank, Harris myCFO, The Private Bank, William Blair & Company, Gresham Partners, Altair and Guggenheim Partners also have local roots and a strong market presence.
- April 9, 2010 - Distinctive Boston Wealth Management Market Thriving
The Boston wealth management market is one of the most distinctive in the country. It is sophisticated, financially savvy, ultra-competitive and highly fragmented, and has attracted all the industry’s major players. It has an unusually high concentration of ‘old money’ multi-generational wealth, as well as plenty of newly-minted high-tech millionaires and wealthy professionals working in the city’s thriving private equity, asset management and mutual fund firms.
