Personal Finance http://aspenpublicradio.org en Wealth and the Modern American Family http://aspenpublicradio.org/post/wealth-and-modern-american-family <p><strong>Wealth and the Modern American Family</strong></p><p>The president of one of the nation's top investment institutions shares how changing family roles and dynamics affect wealth management.</p><p>Keith Banks, Gillian Tett</p><p>Keith Banks is president of U.S. Trust, which provides integrated investment, trust, banking, and lending services to wealthy and ultra-wealthy clients. He also oversees wealth management banking and Bank of America Global Capital Management. Banks joined FleetBoston Financial in 2000 as CIO and CEO of the asset management organization before its merger with Bank of America in 2004. With Bank of America, he served as president of Global Wealth and Investment Management and president and CIO of Columbia Management Group.</p><p></p><p>Gillian Tett writes two weekly columns for the Financial Times, covering a range of economic, financial, political, and social issues worldwide since 1993. In 2014, she was named columnist of the year by the British Press Awards. In 2012, she received a SABEW Award for best feature article. She was previously awarded a President’s Medal by the British Academy in 2011 and was recognized as Journalist of the Year in 2009 and Business Journalist of the Year in 2008 by the British Press Awards, as well as Senior Financial Journalist of the Year (2007) by the Wincott Awards.</p><p></p><p> Mon, 30 Jun 2014 17:04:14 +0000 Rob St. Mary 20812 at http://aspenpublicradio.org Wealth and the Modern American Family Mountain Edition - February 20th, 2014 http://aspenpublicradio.org/post/mountain-edition-february-20th-2014 <p>The Thompson Divide prompted conflicting statements by environmental groups and Garfield County this week. Avalanche danger has been sketchy lately because of certain unusual factors.&nbsp; And if a snow slide happens inside a ski area, turns out the resort isn’t to blame. A Basalt advisor wins an award for her work with female investors. We say goodbye to a member of the Aspen Public Radio family, lost too soon.&nbsp; And, we’ll wrap up our coverage of Aspen area athletes going to the Winter Olympics in Sochi.</p><p> Thu, 20 Feb 2014 22:40:09 +0000 Elise Thatcher & Rob St. Mary 14561 at http://aspenpublicradio.org Mountain Edition - February 20th, 2014 Money Savvy Women http://aspenpublicradio.org/post/money-savvy-women <p>Women control just over one half of all wealth in the United States. By the end of this decade it projected women will control two thirds of this country’s wealth.&nbsp; This shift will likely reshape the financial industry as women increasingly seek financial advisors who understand their attitudes toward money.&nbsp; Men and women see money differently. Aspen Public Radio's Roger Adams explains.</p><p><span style="line-height: 1.5;">“Men will be more about making a rate of return; women are more on the relationship side.”</span></p><p><span style="line-height: 1.5;">Danielle Howard has spent 21 years in the financial industry and now owns Wealth By Design, a small financial firm in Basalt.&nbsp; She is one of a growing number of money advisors who are focusing on women clients and recognizing how women approach the subjects of investment, income and financial security.</span></p><p></p><p> Wed, 19 Feb 2014 12:27:21 +0000 Roger Adams 14488 at http://aspenpublicradio.org Money Savvy Women