To set up a separately managed account you need to talk with a wealth manager.
UBS, the most important task is to save its franchise as a world-beating wealth manager.
As a wealth manager, the adviser should also be monitoring your asset allocation and suggesting periodic re-balancing.
Most of the time, a wealth manager will not be an expert in all the necessary areas.
"You can just buy more, " says Alan Lancz, a wealth manager who manages money for about 70 wealthy families.
The wealthier they are, the more likely they are to have a wirehouse or a broker as a wealth manager.
If all a wealth manager does is keep longevity and inflation risk in check for a client, the manager is covering important bases.
Mirae analysts will be swimming up stream next year in recommending China as an investment to their institutional and private wealth manager clients.
Rich folks often use an office address, sometimes belonging to a lawyer or accountant or family wealth manager, when filing their tax returns.
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This week, consulting firm Capgemini and private wealth manager Merrill Lynch Wealth Management published their annual review of where the rich are.
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"The cutting edge of wealth-transfer planning is mostly being done for entrepreneurs, " says Stephen Kenney, director of client strategies for Pell Rudman, a private wealth manager in Boston.
Last but not least, your wealth manager should take a holistic approach to managing your portfolio by initiating cooperation with your other advisers, such as accountants, lawyers and insurance agents.
On the other hand, if your adviser is a wealth manager, you have most likely agreed that the adviser will take a more active role in helping you reach your goals.
On Tuesday, the Swiss-based wealth manager announced it intended to publicly float the stock of its mutual fund subsidiary Julius Baer Americas, seeking to concentrate on its core private banking business.
As Schmitz expanded on that comment, I was struck by how much of what he said is similar to what as a wealth manager I tell clients about managing their financial destinies.
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If you work with a financial planner or wealth manager who charges a fee to manage your assets, consider tapping him or her to guide your children on investing their retirement account as well, he says.
Unfortunately for me, rather than an A-list patsy, the bounty target at my table was Jordan Mayers, a wealth manager who came in sixth last year and also finished in the money at the World Series of Poker.
Another good set of candidates are savers who have received substantial tax refunds in the past few years and are looking for a way to put those refunds to work, says Michael Schwartz, a wealth manager in Jenkintown, Pa.
As a wealth manager and financial advisor, I was committed to working on behalf of my clients, the people who entrusted me to make good decisions, to protect and grow their investments, to allow them to realize their goals.
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The wealth manager gives them a personal-finance guidebook, introduces them to the firm's staff and explains that a Roth IRA "is one of the few IRS-sponsored techniques where they can pay tax on their money and not ever have to again, " he says.
There is a disconnect between the progress made by Morgan Stanley into a lower risk, wealth and asset manager (now half the company) and a stock that trades at over a one-third discount to its tangible book value.
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Patrick McDowell, a portfolio manager at Arbor Wealth Management, which is based in Miramar Beach, Fla.
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His hero is Eric Michael Packer (Robert Pattinson), a twenty-eight-year-old asset manager of unfathomable wealth, who steps into his stretch limo and announces his intention to cross Manhattan for a haircut.
Meanwhile Shawn Spott, manager of corporate intelligence and research at RBC Wealth Management, responded to a request for better insight into sales and market performance by taking a couple of years to think about what information executives needed and how complex data could be presented simply.
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Gemma Godfrey is a quantum physicist, former hedge fund manager and now chairman of the investment committee of wealth management firm Credo Capital.
Their wealth gains should come from the stock, not compensation, says Bruce Geller, portfolio manager at Naples, Fla.
The manager of the Dyfi Osprey Project, Emyr Evans, said he had a wealth of experience to offer, having run the Glaslyn osprey project near Porthmadog for the past four years.
"Steve's wealth of experience is massive and his track record at this club shows just what a good manager he is, " Doyle told BBC Sport.
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