Klingenstein Fields & Co. LLC isn't looking to make a radical break from its tradition of sober asset management for wealthy families.
Our latest look at the giants and the up-and-comers in the RIA universe. This exclusive InvestmentNews special report also features sortable rankings
The most recent market decline has been painful for all investors and no doubt will lead consumers to question the vibrancy of the economic recovery. Ironically, those doubts are likely to result in restrained
Kenneth I. Starr sentenced to more than seven years in jail for fraud; clients included Sylvester Stallone, Wesley Snipes
Kenneth I. Starr, the money manager who pleaded guilty to fraud in September, should stay in jail until he's sentenced because of a series of e-mails in which he expressed “extraordinary contempt” for his brothers, who would guarantee his bail, U.S. prosecutors argued.
The U.S. Securities and Exchange Commission sued an attorney for Kenneth Starr, claiming he helped the former New York money manager steal more than $25 million from investors.
Kenneth Starr, the investment adviser accused in a criminal indictment of stealing at least $59 million from clients, was sued by City National Bank, according to state court records in New York.
Kenneth Ira Starr, the New York investment adviser who represented actors Sylvester Stallone and Wesley Snipes, was indicted for stealing at least $59 million from clients, almost double the amount previously thought. <b><a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100527&Kategori=FREE&Lopenr=527009999&Ref=PH>Starr studded: Adviser's celebrity client list</a></b>
Kenneth Ira Starr, whose advisory firm manages $700 million -- including the assets of scores of celebrities -- was charged by the U.S. with defrauding clients.<br><a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100527&Kategori=FREE&Lopenr=527009999&Ref=PH&nocache=1&Params=Itemnr=1><b>A-List:</b> A look at Kenneth Starr's famous clients</a>
The Charles Schwab Corp. has reversed course and will allow advisers to hold in custody additional alternative investments.
Rush “Rusty” Benton, who founded WealthTrust LLC in 1997 to buy majority stakes in independent wealth management firms, is stepping down as chief executive of the company and will assume the new role of chairman, he said Thursday.
On consecutive Fridays this month, the founders of two independent wealth management firms that sold majority interests to parent consolidator firms were forced from their jobs.
As the Senate this week wades through scores of amendments to legislation on financial regulatory reform, lobbyists are going toe-to-toe over applying a fiduciary standard.
Rush “Rusty” Benton, who founded WealthTrust LLC in 1997 to buy majority stakes in independent wealth management firms, is stepping down as chief executive officer of the company and will assume the new role of chairman, he said Thursday.
The pace of mergers-and-acquisitions activity among independent advisers has been slow this year amid continuing economic uncertainty, but the fundamentals behind combinations have remained strong, according to a new study.
Businesses that specialize in consolidating independent-advisory firms — particularly, consolidators known as roll-ups — are under strain, according to participants in the ventures, investment bankers and consultants.
President Barack Obama's success as an author continued to add to his wealth last year as he and first lady Michelle Obama reported having assets of between $2.3 million and $7.7 million.
The software billionaire's father is spearheading an initiative to impose a state tax on Washington's wealthy
The hearings last week by the Senate Permanent Subcommittee on Investigations into The Goldman Sachs Group Inc.'s behavior during the mortgage bubble was a show trial designed to deflect responsibility for the bubble and its aftermath from Washington.
This is obviously a big panicked reaction. It could last for days or be over by tomorrow but recognize it for what it is, a panic.
