09/04/2013
Brewins, Brooks and Quilter Cheviot sign up to new DFM service
The firm said the new tool has been designed to enable financial advisers to consolidate their work
Wealth and Asset Management
09/04/2013
Cheltenham wealth manager buys £60m client book
Cheltenham-based weatlh management firm has acquired the client book of Kent-based Valiant Financial Consultants Ltd
09/04/2013
Wells Fargo Deploys Standards Across Global Operations
Wells Fargo takes a different approach to global operations from many of the other banks participating at the SWIFT Sibos conference in Dubai this month.
09/03/2013
EFG International adopts new logo
Given the cohesive nature of EFG International’s international private banking business (spanning some 30 locations worldwide), it will increasingly seek to project a unified approach under the marketing name, “EFG”.
09/03/2013
Law firms that want growth should look to private-client work
Law firms focusing on private clients were among the UK’s best performing
09/03/2013
Hargreaves profits jump 28%
Hargreaves Lansdown has reported a rise in assets under administration, profits and client numbers while revealing further progress in pricing.
09/03/2013
UBS Chairman Says Not Focused on Acquisitions in Short Term
UBS AG chairman Axel Weber said the Swiss bank was focused on meeting new bank safety rules rather than pursuing acquisitions,
09/03/2013
CIBC now seeking wealth management acquisitions of more than C$1 billion
CIBC is focusing on wealth management because it offers steady fee-based income and requires very little capital to run.
09/03/2013
SJP: Our charges are easier for clients to understand
Multiple hourly charges for advice could be as “complicated” for consumers to understand as energy bills, the marketing director of St James’s Place has claimed.
09/02/2013
Edmond de Rothschild Completes Overhaul of Asset Management Division
The Edmond de Rothschild Group, with more than 55 billion Swiss francs (close to 45 billion euros) under management, aims to raise a further 25 billion Swiss francs by 2016
09/02/2013
ARC Private Client Indices and ARC Charity Indices are now available.
The latest performance estimates for the ARC Private Client Indices and ARC Charity Indices are now available.
09/02/2013
Companies Poised to Succeed in Wealth Management - Morningstar
Morningstar, Inc a leading provider of independent investment research, today published its inaugural issue of Financial Services Observer
09/02/2013
Financial services to make 100,000 millionaires by 2017
At the end of 2012 there were 302,000 millionaires (HNWIs) in Australia, collectively holding US$900 billion, or 15.5% of the total individual wealth in the country.
09/01/2013
Towry in talks to buy Bluefin
Bluefin owner AXA had put the business up for sale, alongside employee benefits arm Bluefin Corporate Consulting, in 2011.
09/01/2013
OCBC unit to boost discretionary services
Bank of Singapore wants to boost assets under management to US$80 billion as more wealthy Asians let private banks decide on investments
09/01/2013
Religare buys Macquarie stake in wealth management JV
The 50:50 JV between the two investment banks was formed on 2007 to tap the fast-growing high networth individuals (HNI) client case
09/01/2013
First State Global Emerging Markets Leaders Fund removal from Wealth 150
The First State Global Emerging Markets Leaders Fund has been removed from the Wealth 150 list of our favourite funds for new investment.
09/01/2013
Hargreaves Lansdown Founders Set for £56m Dividend
Analysts are predicting pre-tax profits of £190 million for the year, representing a jump of 25%, and a final dividend of 23.1p.
08/28/2013
Liechtenstein bank reports US tax deal hits profits
The bank maintained in July that the agreement would have no impact on its income statement
08/25/2013
Boutique bank Lesmoir-Gordon, Boyle & Co is riding high
But Lesmoir-Gordon, Boyle & Co, a boutique bank set up by Schroders’ veterans Richard Lesmoir-Gordon, Andrew Boyle and Nick Smith, is aiming to change that.