PBHFA News

  From The New York Times By Maggie Haberman He came of age in Queens, built Trump Tower, starred in “The Apprentice,” bankrupted his businesses six times, and drew cheering crowds and angry protesters to Fifth Avenue after his election. Through it all, President Trump — rich, bombastic and to many Americans the epitome of a New Yorker — was intertwined with the city he called...
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From The Wall Street Journal By Liz Hoffman and Bradley Hope Oct. 31, 2019 11:40 am ET Flying over Europe in a private jet last year, Rajeev Misra took his shoes off and propped his bare feet on the knee of a top executive of FIFA, soccer’s governing body. The executive froze while Mr. Misra, head of SoftBank Group Corp. 9984 0.05% ’s $100 billion Vision Fund, chatted about ways to...
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Our 2019 Season Kick-Off Soirée was incredible.  Hosted by Virgin/Brightline, guests were treated to a wide variety of delicious Hor d Oueves, drinks and ambiance.  Members and guests mingled, chatted, and forged business relationships, as well as made new friends as the evening progressed.  I heard of several intriguing financial deals in the works and the positive energy was ultra-high in the venue. As we...
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Our first European social held with our partner The Circle Global Family Office was a huge success!   PBHFA members mingled with the global financial elite at the ultra-exclusive Yacht Club de Monaco. Guests were treated to the finest food & drink as The Circle’s CEO Marc Duthoit showed the group a revolutionary method to leverage their luxury assets while still enjoying their use.  It was...
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From Bloomberg PENTA   Firms ranging from UBS Global Wealth Management and Bank of America Private Bank, to smaller institutions such as U.S. Bank’s Ascent Private Capital Management and Wilmington Trust, are beefing up staff and services to focus attention on serving the country’s wealthiest. Newer entrants are rapidly gaining assets in this ultra-wealth sector, too, by offering specialized services. Cresset Asset Management, for instance,...
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