Managers of Wealth Offshore

Barclays wealth and investment management announces South West expansion

Barclays has today announced its growing strength in the South West with the planned expansion of its wealth and investment management service in the region.

Wealth management firm to close half its Canadian offices

The firm will continue to offer a full suite of investment and wealth planning services to clients, through both traditional transactional brokerage activities and more comprehensive wealth management solutions.

Net outflow at Aberdeen but quality improves

Assets under management rose by 1% in the two months to £184 billion but there was a net outflow of about £100 million. That figure hid an inflow of £6.1 billion into higher-margin business against a £6.2 billion departure from lo

Skandia eyes stakes in advisers using Old Mutual war chest

Investment Week understands new CEO Paul Feeney has been given a mandate from the Old Mutual PLC board to invest in restricted firms.

Luxury Institute Ranks Harris Private Bank Among Top U.S. Wealth Management Firms

Harris Private Bank earned a Top Five ranking in the 2012 Luxury Institute Wealth Management Survey, which polled 500 high-net worth Americans with a minimum net worth of $5 million for their thoughts on the quality, exclusivity, social status, and client

Private banks pull out marketing tricks

When it comes to private bank marketing, tricks of the trade abound.

UBS wins swag of banking awards

The Swiss-headquartered UBS has taken out the top spot in seven of the 10 categories, cementing its position as one of the most influential banks in the local market.

Wealthy Investors Prefer Boutiques Over Larger Wall Street Firms: Study

Reputation for honesty and first-class service advantage smaller wealth managers

Wealthy need to “push back” against government taxation, says leading wealth manager

Super-wealthy are on “tipping point” of leaving London

Towry streamlines with £47m debt package

The package, arranged by private equity majority owners Palamon Capital Partners, replaces an existing "mezzanine" facility, a form of debt more expensive to service than a standard loan.

JPMAM unveils plan to offer three share classes post-RDR

JP Morgan Asset Management has outlined its plan to offer three share classes post-Retail Distribution Review and has placed the onus on advisers to pick the right share.

Brooks Macdonald will operate a restricted model

Brooks Macdonald will operate a restricted asset management business and independent financial planning business once the retail distribution review is implemented, the firm has announced.

Weatherbys launches HNW broker

Roger Weatherby, chief executive of Weatherbys Bank and chairman of Weatherbys Hamilton, said: "We have been looking at ways to expand our insurance business for some time, and the opportunity to form a joint venture with Charles Hamilton is a natura

Deutsche Bank Close to Signing Sale of BHF Unit to RHJI

After signing the deal, RHJ's wealth-management unit Kleinwort Benson, which would ultimately acquire BHF, would file for the approval of Germany's banking watchdog BaFin, the person added.

Shortage of wealth managers for Asia's rich in S'pore, HK

The talent squeeze is so serious that financial firms are having trouble dealing with the clients who come through the door.

ANZ shelves plans for Hong Kong bank buy

ANZ has reportedly walked away from a plan to acquire a Hong Kong bank after a disagreement over price, signalling a strategy shift that is more focused on organic growth.

Shareholders approve Julius Baer share capital creation

The capital increase to be conducted by way of a rights offering (inclusive of pre-emptive subscription rights of the existing shareholders) in the amount of up to CHF 500 million is expected to take place in October 2012, market conditions permitting.

Wealth and Asset Management