Managers of Wealth Offshore

At Schwab: Being Fair to Advisers, Sensitive to Clients

Members of a wealth advisory team are highly sensitive to "fairness."

Lazard reining in wealth management unit

Move is part of cost-cutting but adviser job cuts remain a question

Barclays Wealth unveils post-RDR advice charges

Barclays Wealth has revealed its post-RDR charging structure with a new rate card for advisory clients.

ABN AMRO warns bad loans, bank tax to hurt Q4 earnings

The year-to-date underlying net profit, which excludes separation and integration-related expenses, rose 22%

Asian banks win as rich seek safety

When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not investment return, as the top priority, following the 2008 global financial crisis that originated on Wall Street.

International funds manager to acquire portfolio of businesses in wealth management

The company has announced that it has commenced due diligence on the acquisition of a portfolio of businesses in wealth management

Kleinwort Benson assets under management flat

Balance sheet remains strong, with a Tier 1 ratio of 22% in our Wealth Management operations and a strong liquidity position underpinned by our prudent treasury investment policy.

Investec First-Half Profit Drops

Investec, which owns a bank and money manager in South Africa and the U.K., said first-half profit fell 5 percent after costs rose, the rand weakened and revenue declined.

Veritas splits private client and fund businesses in restructure

Veritas Asset Management UK is to split its fund management arm from its private client business as part of a corporate reorganisation.

Julius Baer 10-Month Assets Under Management Rise 10%

Swiss private bank Julius Baer Group AG reported a 10% annual increase in assets under management by the end of October, due to new net money inflows and positive bond and equity markets.

HNW want old-fashioned banking - RESEARCH

It seems that the key for banks to trying to re-establish their customers’ faith and loyalty is to sit down and talk.

PruProtect targets wealth managers with protection consultants

PruProtect also has a seperate team of 120 business consultants who work with protection advisers and brokers.

Raymond James shuts Brazil unit on regulatory hurdles

A small number of employees who support Latin American sales and trading will also lose their jobs in New York and London, the St. Petersburg, Florida-based firm said in a statement.

Assets Under Management Rise At Julius Baer

The increase in AuM resulted from continued net new money inflows close to the top end of the Group’s medium-term target range as well as a positive market performance impact supported by sustained gains in the global equity and bond markets.

BRB Wealth Management expands with takeovers

BRB, which has been based at its current location in Etruria since 2001, believes the deal will enable it to consolidate its position as one of Stoke's largest financial advisers.

Saunderson House confident ahead of RDR

Under the direction of Tony Overy, Saunderson has so far attracted 85 new clients this year and the group expects to continuing pulling in clients with its business in good shape ahead of the retail distribution review.

Liontrust triples fund inflows as recovery surges on

Liontrust Asset Management has reported net inflows of £189m in the six months to 30 September.

HSBC Private Bank awarded two top accolades for its operations in the Middle East

HSBC Private Bank is one of the top international private banks in the Middle East, providing integrated banking, investment and wealth advisory services to clients across the region.

Charitable Giving is On the Rise in Canada - RESEARCH

With today marking National Philanthropy Day, BMO Harris Private Banking has released the findings of its Second Annual Philanthropy Report which found that the number of Canadians giving to charitable causes - and the amount they are giving - is rising.

Banks Help as Asians Shop for Foreign Property

As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.

Wealth and Asset Management