04/30/2012
Pay row risk at Standard Chartered
Standard Chartered hit the headlines in March when its annual report revealed the $92m remuneration figure.
Wealth and Asset Management
04/30/2012
A talent shortage looms as the industry booms
“It is alarming — and on the verge of being a crisis,” said Robert Patrick, director of private-client-group education and development at Raymond James & Associates Inc. “We're going to have people retiring in droves out o
04/30/2012
Prince of Liechtenstein threatens to quit
But the current ruler, Hereditary Prince Alois von und zu Liechtenstein, has threatened that his 900-year-old family will drop its royal duties if Liechtenstein passes a referendum eliminating the prince's veto, a power enshrined in the constitution.
04/30/2012
Aberdeen Asset Management Delivers Strong H1 Perfromance
The fund manager reported a rise of 7 percent in its revenue to £413.1 mln, up from £385.9 mln in 2011 with an increase in operating margins by 40.1 percent.
04/30/2012
Hargreaves slides down Rich List as Glencore billionaires emerge
Hargreaves Lansdown co-founder Peter Hargreaves has seen his personal wealth fall by nearly £200m in the last 12 months, according to the latest Sunday Times Rich List.
04/30/2012
Ruffer richer than the Queen
Jonathan Ruffer is richer than the Queen, according to an analysis of the wealthiest individuals living in Britain.
04/27/2012
Wilcocks & Associates targets private wealth market
Mr Wilcocks now heads a team of partners with a range of skills.
04/27/2012
Atlantic Trust Continues Record Growth
An ongoing emphasis on building long-term fiduciary relationships with clients helps the nation's No. 1 wealth management brand achieve positive growth for 20th consecutive quarter*
04/27/2012
7IM profits soar 82pc
It increased its platform assets under administration by 18 per cent from £2.2bn to £2.6bn.
04/27/2012
Exencial Wealth Advisors forms as independent wealth managers complete merger
Exencial, like its predecessors, provides senior corporate executives, entrepreneurs, families and institutions objective analysis and recommendations based on clients' particular financial needs and goals.
04/27/2012
SG Private Wealth Advisors to market the world's largest yacht
From the start of the project in 2009, SG Private Wealth Advisors has overseen all elements of the design, construction, and commissioning process for Arianna, including the facilitation of a $13,500,000 USD yacht construction loan.
04/27/2012
Barclays chairman to apologise to shareholders for mishandling executive pay row
It is thought he may also pledge to give shareholders a better return on their cash, moving the balance of rewards away from its executives.
04/27/2012
Russian Bankers Go Head To Head In New York
For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.
04/27/2012
Russian Bankers Go Head To Head In New York
For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.
04/27/2012
AXA Wealth teams up with Brooks Macdonald
AXA Wealth’s platform, Elevate, and discretionary manager Brooks Macdonald Asset Management can now offer advisers risk-profiled portfolios ahead of the Retail Distribution Review (RDR).
04/26/2012
Two US-based fee-only wealth firms to unite ops
The deal, expected to close on June 30, would be one of the biggest mergers in the registered investment advisory sector, which caters to the fee-based, rather than commission-based, side of the wealth management industry.
04/26/2012
Former UBS Executive Forms Private-Equity Firm
Rasmussen, 46, also a former CEO of Royal Bank of Canada (RY)’s RBC Direct Investing business, will be chairman of the new company, he said in an interview today.
04/26/2012
Know Your Worth Series: How much are UAE bankers paid
Despite the changed scenario and the difficult times that banks have been through, there are opportunities in the sector if you are a looking for a job, or plan to change roles.
04/26/2012
Departing FSA boss Hector Sants attacks overpaid and incompetent finance bosses
Speaking yesterday to an audience that included some of the City’s most powerful bankers and insurers, Sants said executives needed to start showing integrity, rather than be ruled by greed.
04/26/2012
JPMorgan exec pay endorsed by advisory firm
The recommendation reduces the chances that shareholders will rebuke bank officials over pay as happened last week in an advisory vote at the annual meeting of Citigroup Inc.