Managers of Wealth Offshore

Advisers' client numbers down

In the past five years the number of people using a financial planner has dropped 20%, down from three million to 2.4 million, new research shows.

Credit Suisse boss under pressure despite outsmarting rival

The Credit Suisse reorganisation contrasts with hometown rival UBS, which is abandoning most fixed-income activities in favour of its flagship private bank as tough Swiss capital rules begin eating into investment banking profits.

UBS downsizes German branches , cuts up to 35 staff

UBS is closing four branches in Germany that serve wealthy clients and cutting up to 35 jobs as it seeks to improve profitability.

Wealth firms scramble to lure foreign clients

Wealth managers are rushing to set up tailored services for increasing numbers of foreign millionaires applying for investor visas to stay in the UK, with wealthy Russians leading the surge.

Do You “Like” Your Wealth Manager?

Responding to the startling rise of social media, the majority of leading private banks and wealth managers are improving in deploying certain elements of social media and some platforms but, for the most part, lack effective social media strategies.

Acquisition of Canadian Wealth Management completed

The CWM operations will be fully integrated into Fiera Capital Private Wealth's existing business.

Wanted: expats to manage risks at Asian banks

Not only are vacancies growing but so too are salaries as banks beef up their compliance functions

Platforms criticised over ‘hybrids’

Rowan Dartington’s Coxell has said platforms focus too much on collective investments.

Saltus buys wealth manager

This is the second acquisition by Saltus in 2012 after the group acquired Midlands-based discretionary fund manager Montague Capital in August 2012.

Coutts hires Lord Waldegrave and ex-UBS private equity head

Coutts Adds Two To Board

Swiss private bank sees huge interest in gold equities in 2012

"We see great opportunities there as gold mining stocks trade at big discounts to gold."

Adviser sentiment improves: Wealth Insights

Australian financial advisers look set to finish 2012 in a better mood, according to the latest research released by Wealth Insights.

Mitsubishi UFJ In Talks to Buy BofA-Merrill Stake in Private Bank JV

The deal will likely smooth the path for the Tokyo lender

Rothschild parent's H1 profit slips on weak M&A market

Rothschild, the independent investment bank, reported a 14 percent drop in first half revenue

ABN AMRO Private Banking boosts Asian operations

The bank has set up a dedicated Asian portfolio management team in Hong Kong, led by Jacqueline Koo, to further strengthen the bank’s offering of highly customized DPM service with an Asian focus.

BNY Mellon's German Investment Boutique to be Renamed

The choice of name was made after a thorough research process.

Barclays India to up manpower at wealth management division

British bank Barclays today said it will ramp up its manpower at the wealth management division here by up to 15 per cent this fiscal, even as gloomy economic conditions make the going difficult for its peers.

Private Client Resources announces strategic partnership with web-based wealth management firm

The agreement will allow financial advisors to seamlessly incorporate data on their clients' alternative investments into their financial plans and strategies.

Christie's Hong Kong Chinese Painting sales achieved $64,919,325

The sales of Fine Chinese Modern Paintings on Monday, November 26 and Tuesday, November 27 achieved HK$415,668,750

RBC Wealth Management net income up 16%

Royal Bank of Canada today reported record net income of $7.5 billion for the year ended October 31, 2012, up $1.1 billion or 17% from the prior year.

Wealth and Asset Management