Managers of Wealth Offshore

Who Says Wealth Doesn't Buy Happiness? The Wealthy Do

The Spectrem study adds to a growing field of research on wealth and happiness.

Vistra Acquires Althea

Vistra now employs over 60 staff across its Geneva, Zurich and Zug offices.

UBS overhaul bearing fruit despite hefty quarterly loss

Wealth management businesses’ full-year net new money up CHF 11.3 billion to CHF 46.9 billion

UBS to buy back 5 billion Swiss francs in senior debt after revamp

The tender offer period relating to euro and Italian lira denominated securities will end on 19 February 2013.

Wells Fargo Targets Mideast Wealth Funds in Dubai Expansion

Wells Fargo & Co., the U.S. bank that counts billionaire Warren Buffett’s company as its largest shareholder, is targeting Persian Gulf sovereign-wealth funds as it seeks to expand its client base in the Middle East.

Wealth tax removal sees sharp rise in Swedish repatriations

The tax was removed by the governing coalition in 2007

Pictet, Lombard Odier both set to switch structure to corporate partnerships

Both Pictet and Lombard Odier have announced they are to change their legal structures to corporate partnerships or "société en commandite par actions de droit suisse".

Quilter Cheviot in search for new premises

NEWLY merged fund management firm Quilter Cheviot is searching for larger office space in Liverpool

Schroders launches multi-asset Wealth Preservation fund

Schroders has announced the launch of Schroder ISF Wealth Preservation USD, a new fund which will offer investors a simple-to-understand, flexible investment vehicle which aims to preserve and grow savings under all economic conditions.

Julius Baer profits jump 15%

Assets under management (AuM) increased by 11% to a new record high of CHF 189 billion.

Thai banks lure Asia's wealthy

As global growth has been shifting from Europe and North America to Asia, the number of wealthy Asians has been rising

AWD picks Standard Life Wrap for HNW clients

The move will see high-net-worth clients with investable assets of £375,000

And We're Back! Dow 14,000 Fuels a New Wealth Boom

The next American wealth boom has officially begun

Focus Strengthens New York Presence with Addition of The Portfolio Strategy Group

“Through our partnership with Focus, our clients are reassured that we will maintain our culture and rigorous investment management process for the long term."

Brazil approves UBS' planned takeover of local brokerage Link

Took place almost three years ago.

Morgan Stanley boosts CEO salary, eyes higher returns

Gorman's total pay for 2012 fell 7 percent to $9.75 million, the bank said in a regulatory filing Thursday, putting him on the lower end of the range for big banks that have reported figures so far.

Charles Stanley aims for second spot in platform market

Mr Yearsley, who formerly worked at Bristol-based Hargreaves Lansdown, said Charles Stanley’s new platform will be a success if it moves up to second position in the market in the next few years.

Millionaire Confidence Hits 2-Year High

“The Millionaire Outlook rose for the second consecutive month, driven by an increase in confidence in the economy,” Spectrem said.

UBS to boost wealth managenment business in China

"China, as one of UBS' most important markets, will continue to be key for our new strategy," Weber said during his first visit to China after becoming UBS chairman last year.

BofA Completes Int'l Weath Management (non-US) Transfer to Julius Baer

At the same time and as a first step of the integration, Julius Baer acquired the Geneva-based Merrill Lynch Bank (Suisse) S.A. with around CHF 11 billion assets under management.

Wealth and Asset Management