Managers of Wealth Offshore

Asia's superrich build their own art museums

Wang and billionaire investor Liu are part of a new generation of wealthy Asians that is better known for splashing out on extravagant toys

Independent financial advisers trusted by UK millionaires

The results of the latest millionaire monitor survey show that a third of those surveyed would trust a financial adviser to handle their money, give them good advice and help them meet their financial goals.

Give to charity at a cash machine

People will be able to make charitable donations at the same time as withdrawing money from thousands of cash machines across the UK from this summer.

Blockbuster bank deals thing of the past, RBC head says

The days of the blockbuster deal in the banking sector are over.

Perspective Financial Group acquires Ad Valorem Wealth Management

“Both are profitable and successful firms that have owner-managers who wish to utilise the significant support of the group and our other offices to continue growing their individual offerings.”

Shareholders have executive pay in their sights

Is the current wave of FTSE 100 shareholder revolts evidence of a wider shift in investors' attitudes to high pay?

The changing face of Indian HNI

This is also corroborated by Swiss private banking group Julius Baer who projects India’s HNI population to more than double to 4,03,000 by 2015. It is clear that there will be several “wealth management teams” that will salivate at this

EverBank unveils wealth company

The institutional-level approach also connects individual investors to a wider variety of sophisticated products and investment opportunities.

Managers advised to downshift their focus to ‘core millionaires’

The report says that – to capture pre-financial crisis levels – private banks need to expand their focus beyond the ultra-wealthy clients to serve so-called “core millionaires”, who are expected to generate 80 per cent of net new r

Wealth chiefs demand greater FSCS levy transparency

Killik & Co founder Paul Killik estimates the FSCS levy and interim levy will cost the firm roughly £500,000, around the same as last year, and is disappointed by a lack of transparency over how the scheme arrived at the figures.

French banks BNP, SocGen slash bonuses

BNP Paribas and Societe Generale, France's two biggest listed banks, said on Monday that they were slashing their annual bonus pool for traders and top bankers after the sector was slammed by funding and capital concerns last year.

Williams de Broë CEO steps down

He had served at Williams de Broe since 2010 and had overseen the acquisition of the wealth management business' parent Evolution Group by Investec last year.

AMP 'on track' to meet Axa deadline

AMP is on track to meet its deadline to integrate the giant wealth management business with Axa Asia Pacific (APH) by early next year after a protracted three-year takeover saga.

Baird To Continue Wealth Management Expansion

Baird’s financial advisor force totals almost 700 following the hiring of more than 250 financial advisors and branch managers since 2009.

AXA : pursues commitment to cultural philanthropy

On the 3rd of May, French Minister for Culture and Communication Frédéric Mitterrand announced the acquisition by the French State, for the Louvre Museum, of the Pietà with Saint John and Two Angels attributed to Jean Malouel, thanks

Executives hit back at 'rewards for failure' claims

The growing revolt over executive pay is threatening to engulf a string of major companies over the coming weeks, including William Hill, Standard Chartered, Unilever and WPP.

Passage to India's riches runs far from smooth

Schroders’ decision to buy a stake in an Indian fund management company at the end of last month underlines the asset management industry’s interest in a potentially large but challenging market.

Investment Potential in Africa highlights need for sound public policy

The rise of the middle class and the increase of wealth in private hands in Africa signal great opportunities for growth for the continent and investors.

Credit Suisse Continues Americas Buildup, Plans More Office Openings

The unit of the Swiss bank, which focuses on clients with $10 million or more in investable assets, has 570 relationship managers, or RMs, the firm's name for financial advisers, in the region, 420 of which are in the U.S., and has more .

First firms complete Axa Wealth transition programme

This will be achieved through combining global best practice within the firms with peer interaction that can be used to future-proof the organisation.

Wealth and Asset Management