Managers of Wealth Offshore

Focus Financial Partners Receives Strategic Equity Investment

The independent, RIA industry is a growing $3.2 trillion market that continues to attract fiduciary-minded wealth managers

Citigroup 42% Profit Rise Tops Estimates

Chief Executive Officer Michael Corbat, 53, has fired thousands of workers and scaled back operations in some countries to cut costs since replacing Vikram Pandit, 56, in October.

Angel Investors Are Spreading the Wealth

The world is changing for angel investors, the ultra-wealthy looking for start-up companies to fund

Millionaires Most Concerned about Security of Their Financial Information Online

As mobile technology and social media usage increases, so, too, do concerns about the security of financial information

7IM bags £80m model portfolio mandate

Towergate Financial awards 7IM with mandate for its passive model portfolio range after “concerns” about previous manager Evercore Pan-Asset’s performance.

Wealth Management Product At China’s Largest Bank Goes Bust

Angry investors dress in white sheets and stage protest

RBI reviewing guidelines on mis-selling by banks in wealth management services

The Financial Stability Report released by RBI has taken note of mis-selling in the wealth management division of banks.

UBS once again the world's largest private bank as assets surge

UBS won back the title of largest private bank in the world as inflows of fresh client funds surged last year

Asia-Pacific’s affluent puts money into “investments of passion”

An increasing number of millionaires in the Asia-Pacific region are showing interest in so-called investments of passion such as art, jewelry and collectibles

Wealth managers see turnaround in net new money

Scorpio suggests that the growing dominance of the top 20 reflects consumer demand for a single wealth manager proposition

FIBA Wealth Management Forum

The FIBA Wealth Management Forum 2013, will provide an overall perspective on the industry as well as explore the challenges and opportunities resulting from global and regional changes.

Moelis reveals $35m cash pot for bankers

The firm is hamstrung in rewarding staff because their ownership stakes cannot be traded in secondary markets like equity.

Big banks win the wealth offensive

The Scorpio Partnership Global Private Banking Benchmark 2013 indicates strong rebound among 209 global wealth management players; UBS takes ranking top spot as a “champions league” of firms emerge

Regulatory Legal partners with wealth manager to offer services to IFAs

Law firm Regulatory Legal has set up an alternative business structure with a wealth manager to package up legal advice for financial advisers to provide to their clients.

UOB first in Singapore to offer online access to gold, silver accounts

United Overseas Bank Ltd has become the first bank in Singapore to offer retail customers online access to their gold or silver savings account,

Quilter Cheviot adopts new corporate identity

he group has created a new logo and website and from now on the Quilter & Co legal entity will be renamed Quilter Cheviot Limited

The $50,000 financial plan: Wealth firms target the super rich

Advisers at UBS and some other wealth management firms are now moving into this market and charging wealthier clients the equivalent of a new BMW

Swiss banking exodus: Going (HSBC), going (Generali), gone (Lloyds, ING, Santander)

Rising costs and increased scrutiny have led foreign banks to conclude exit is the best option

Singapore unlikely to overtake Switzerland in wealth management

Singapore is unlikely to overtake Switzerland as the biggest wealth centre in the world any time soon, but it should strive to play to its strength in world of global finance, Prime Minister Lee Hsien Loong has said.

DBS to expand branch network 7 fold to build SME & HNI customer business

DBS does not plan to lend to retail clients which becomes difficult in the absence of local knowledge and when the local banks are strong.

Wealth and Asset Management