Managers of Wealth Offshore

Walker Crips rolls out bespoke discretionary service

Walker Crips is seeking to increase its presence in the adviser outsourcing space by rolling out a bespoke discretionary service, alongside a model portfolio range to intermediaries.

2012 Top Wealth Managers Revealed by AdvisorOne

12th annual ranking and survey celebrates wealth managers' success; offers unique insights into industry

Wealth Management Boutiques Beat Big Banks - Survey

Brown Brothers Harriman earns top honors with the highest LBSI score of 7.01, and ranks first on each of the four sub-categories.

Personal Finance Society appoints new president

“With the RDR threshold fast approaching our role of helping members develop and maintain their professional qualifications and standards is more important than ever before and we at the PFS are fortunate to have such experienced and knowledgeable i

Morgan Stanley Attempts to Stem ‘Revolt’ in Wealth Management Unit

On Morgan Stanley (NYSE:MS) President Greg Fleming’s attempts to stem a broker revolt within the firm

Chartis PCG and Markham Private Clients in exclusive HNW deal

Guy Huntley, UK head of the PCG, commented: “I am delighted with our partnership with MPC, which will bring a range of benefits to both brokers and clients. Read more: http://www.insuranceage.co.uk/insurance-age/news/2203396/chartis-pcg-and-markham

HSBC shuns niche managers, turns to global

Vineet Vohra, Asia-Pacific head of wealth development, retail banking and wealth management (for clients with up to $5 million with HSBC), says the bank has retrenched in recognition of a need to service clients more effectively and not allow them to be d

City slams wealth tax

“There is likely to be another exodus of wealthy individuals if Nick Clegg manages to introduce a wealth tax,” said partner Camilla Wallace.

Commerzbank CEO: pay must realign to industry levels

"It would be appropriate if excessively high pay would narrow again towards that in industry," Blessing said, adding however, that any bank that took the first step to curb pay risked losing talented employees to rivals.

Wealth manager launches seven risk-rated portfolios

The portfolios can invest in funds, exchange-traded funds and some direct bonds and there is a possibility it will one day invest directly into stocks and shares.

Rothschild appoints new head of UK private banking unit

He remains a member of the Global Wealth Management and Trust Executive Committee, the source said.

Russia’s Aton favours private clients over pension money

For now, the bulk of Aton’s income comes from its brokerage and consultancy services.

Turcan Connell opens office in Glasgow

Turcan Connell, which was represented by Eric Young & Co, already has offices in Edinburgh, London and Guernsey, but following research identified client demand for an office in the West.

Wealth managers must ‘get house in order’ as FSA hones in

Firms that market themselves as ‘wealth managers’ must review their processes to ensure that they have sufficient controls to mitigate the potential for mis-selling and document every part of their advice process, according to one compliance e

Boutique wealth manager launches managed portfolio service

Advisers will be able to discuss investments with the Berry managed portfolio team, “as required”.

Vontobel chief plans a broader future

Zeno Staub, who was appointed chief executive of Vontobel in May 2011 and plans to revive the Swiss private bank’s earnings, is updating the group’s multi-asset capabilities to offer a broader range of investment styles as part of an overall r

Former Citisoft Senior Managers Start New Consultancy ‎

IAWMC is a specialist operations, systems and IT infrastructure consulting firm which has been established to provide management and IT consulting, interim management and recruitment services focussed solely on the needs of the Financial Services’ s

Asian ambition drives Julius Baer’s BofA move

By buying Bank Of America Merrill Lynch’s wealth management arm, Julius Baer has doubled its presence in Asia, but their new unit needs something of an overhaul if it is to become profitable

Germany's Schaeuble wades into bank bonuses debate - FT

The argument over capping bankers' pay is threatening EU efforts to implement the global bank rules known as "Basel III" by the January 2013 deadline.

ANZ Executive Rose Up in Man's World

ANZ's goal is to become a "super-regional" bank in Asia—it owns a 20% stake in China's Shanghai Rural Commercial Bank, among other regional investments.

Wealth and Asset Management