Managers of Wealth

Daimler Q3 cash flow surges 80%

Daimler had previously forecast that free cash flow from its manufacturing businesses would significantly decline this year from last year’s 3.2 billion euros.

Wealth Management Income Jumps 22% at Wells Fargo

The firm said that the retail brokerage's client assets reached $1.4 trillion, up 8% from the same period a year-ago.

Arbuthnot Banking and Secure Trust Say They Will Beat Expectations

Arbuthnot Banking Group has issuesd an update of trading for the three months to 30 September 2014.

BlackRock Results Top Expectations

10% AUM growth from the third quarter of 2013

BofA Wealth Management Profit Up 13%

The company reported that profits for its Global Wealth & Investment Management division, or GWIM, which includes Merrill Lynch and U.S. Trust, increased to $813 million for the third quarter from $720 million a year ago.

Hargreaves Lansdown Assets Under Care Rise, But Net New Business Slows

In a statement, Hargreaves Lansdown reported GBP970.0 million of net new business inflows in the quarter ended September 30, compared with GBP1.26 billion in the corresponding quarter last year.

Luxury handbag firm warns on profit again

Revenues for the six months to Sept. 30 fell 17 percent to 64.7 million pounds

Citigroup to exit consumer businesses in 11 markets

New York – Citigroup Inc. today reported net income for the third quarter 2014 of $3.4 billion, or $1.07 per diluted share, on revenues of $19.6 billion.

Smith & Williamson profits jump 22.4%

Overall, operating income rose to £199.1m (£185.8m in 2013) and adjusted operating profit increased to £36m (£29.4m).

UBS: Month Profit Beats Quarterly Estimate; Swap Starts

UBS AG, Switzerland’s largest bank, indicated profit for July and August already exceeds analyst estimates for the full third quarter.

Aberdeen Asset Management reports asset boost and slowing outflows

Aberdeen Asset Management was among the top blue-chip gainers on Monday after posting a jump in managed assets

Seven Investment Management assets hit £7bn

Discretionary fund manager and platform provider Seven Investment Management has hit £7 billion in assets under management.

Raymond James Assets Jump

Raymond James Financial reported improved performance in client assets, according to newly-released operating data.

Atlantic Trust surpasses $25 billion in assets under management

Atlantic Trust, the U.S. private wealth management division of CIBC reached a record $25.4 billion in assets under management at July 31, 2014, an increase of $1 billion from the previous fiscal quarter reflecting market returns and strong client inflows

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