Switzerland's biggest bank manages about 1.8 trillion Swiss francs ($2 trillion) of rich people's money, split almost equally between two divisions called Wealth Management and Wealth Management Americas.
The term "high net worth individuals", refers to individuals with assets valued between $5 and $50 million, with the “ultra high” ones being those exceeding the $30 million threshold.
LBSI scores comprise respondents' evaluations of each firm's product quality, exclusivity, social status and ability to deliver special client experiences.
The survey of over 2,800 high net worth (HNW) and affluent U.S. investors found that while both benefactors1 and heirs2 are optimistic about giving and receiving inheritance, neither is actively engaged in inheritance planning and are reluctant to fully d
The latest survey of overseas buyers of second homes in France carried out by bankers BNP using data supplied by Notaries from across the country paints a mixed picture of the health of the French property market, but puts the Brits firmly back in pole po
"July's forward redemptions decreased by over 1%, but remain in line with historical averages," said Bill Stone , Chairman and Chief Executive Officer, SS&C Technologies.
The relatively recent creation of wealth on the mainland and China’s one-child policy have resulted in wealthy mainland Chinese being less inclined to leave their businesses to their descendants, compared with business families in Hong Kong and othe
New research by BNY Mellon, a global leader in investment management and investment services, highlights a compliance shortfall among alternative investment funds on the eve of the deadline for Alternative Investment Fund Managers Directive authorisation