Managers of Wealth Offshore

Advisers back FSA crackdown on banks’ wealth units

Wealth managers welcome warnings over upselling by banking groups into private banking and wealth arms.

UBS Final 2011 Profit Lower than Preliminary Result

UBS's Annual Report for 2011 provides comprehensive information on the firm, its strategy, business, governance and financial performance. It contains both audited and unaudited information.

Arbuthnot Latham doubles its pre-tax profit

Profit before tax increased to £2.0m (2010: £1.0m) as the Bank continued to successfully implement its strategy of providing a full service banking and advisory product offering

UOB targets rising rich with wealth centres

United Overseas Bank Limited (UOB) today said that it has added $260 million in assets under management (AUM) and attracted 25,000 customers in the first three months since the launch of its wealth banking segment.

Wealth manager overtakes Kengeter in UBS pay stakes

A wealth manager, rather than an investment banker, received the largest pay package at UBS last year for the first time since the Swiss bank began disclosing its annual pay practices - a sign of the group's decision to shift its focus back to privat

Standard Chartered Private Banker Held by Police in China

“We are unable to comment on the reason for her detention -- this is a matter for the police,” Singapore-based spokeswoman Melissa Cheah said in an e-mailed response to queries today. “We can confirm that Standard Chartered is not being

Senior Credit Suisse banker gets bonus despite £210,000 fine

A senior Credit Suisse trader will be paid a bonus for 2011 despite being fined £210,000 by the Financial Services Authority for "improper market conduct".

Upbeat Brooks Macdonald defies markets

WEALTH manager Brooks Macdonald has continued to enjoy solid growth in the funds it administers, even as markets tanked in the second half of last year.

Close AM loses £2.6m as restructure continues‎

Close AM lost £2.6m in the period compared with a £6m loss in the previous six months.

Sterne Agee Expands Private Client Group

Sterne, Agee & Leach, Inc., one of the oldest and largest privately-owned investment banking firms in the country, has expanded its Private Client Group with the addition of an investment office in Chicago.

Washington Wealth lands Morgan Stanley broker

Washington Wealth Management LLC, a start-up firm that has grown by hiring away advisers from top U.S. brokerages, has added its latest recruit from Morgan Stanley Smith Barney.

Planner, Former San Diego State Quarterback Joins RIA Washington Wealth Management

He is without a doubt the epitome of the first class advisor who has his clients first in his thoughts,” said Washington Wealth’s San Diego Branch Manager Mike Ferrante. “These are the types of planners that we are looking to hire.&rdquo

UBS Wealth Management Americas launches the Wealth Management Research Advisory Board

Representing a major milestone in the evolution of WMR's Chief Investment Strategist function, the move underscores the commitment of UBS Wealth Management Americas to helping its clients reach their goals by delivering the best research from the sma

Deutsche Bank PWM unveils hires for Glasgow push

Deutsche Bank Private Wealth Management (DB PWM) has relocated its Glasgow office and boosted the staff headcount with five recruits.

Swiss private bank celebrates opening of Representative Office in Tel Aviv

With the opening of the new representative office in Tel Aviv, Julius Baer marks another important milestone in the development of its global network, which comprises offices in more than 40 locations in over 20 countries.

Merrill Lynch Wealth Management named as 'Best Private Bank in India'

Merrill Lynch Wealth Management has also been named 'Best Private Bank in India' four times in a row from 2005 – 2008.

Brooks Macdonald to launch York office

The exact location of the office is yet to be finalised, although it is understood that the office will open later this year..

Morgan Stanley Team Goes Hybrid via LPL‎

A team of Morgan Stanley Smith Barney advisers that generated $2 million of revenue last year has started an independent investment advisory firm

New Cities Ranking Reveals Asian Cities Are World’s Strongest Economically

Released today, the report, entitled Hot Spots, ranks the most competitive cities in the world for their demonstrated ability to attract capital, business, talent and tourists.

Close Brothers profits up despite securities headache ‎

The firm reported pre-tax profits of £66.8m in the six months to the end of January, up from £58.3m the year before.

Wealth and Asset Management