Managers of Wealth

The blurring of the lines between fund and wealth managers

Neptune to launch a wealth arm

U.S. Bank hires regional leader of UHNW business

The Ascent team in Denver works with families with an average net worth of more than $440 million, Ascent said.

Rothschild trust walks from Alliance Trust tie-up

This is a missed opportunity for Alliance Trust shareholders. It is not altogether sure where the trust is going on the long term.

Share In Talks With Wealth Manager For Profit-Boosting Deal

Even amid subdued activity, Share said that independent research indicates it has performed better than peers.

Cater Allen Private Bank in major tech overhaul with Temenos

The technology modernisation project is set to be completed by the end of 2017.

Greece and Spain could be pot of gold for wealth managers

Countries such as Greece and Spain have suffered most in recent years, €107bn exiting Greece alone.

Societe Generale finalises the acquisition of Kleinwort Benson from the Oddo Group

The acquisition has no significant financial impact on the Societe Generale group.

Wealth-X President On Expanding Ultra High-Net-Wealthy Population And Spending Habits

These ultra-high wealth consumers only spend about 4 percent "on luxury consumables excluding yachts planes and large luxury assets"

Private banking offers rich pickings for S'pore banks, but it's an expensive business

But it's not an easy business to capture, and gaining market share is very expensive.

'I'm done': U.S. wealth managers may call it quits over regulatory load

In recent years, U.S. regulators have taken a much closer look at the way wealth managers invest client money, the types of products they sell and the disclosures they provide. As a result, it has gotten harder for advisers turn a profit working with smal

Global wealth managers cannot grow without including India

Over half of HNWIs surveyed believe it is important for their financial advisor or wealth manager to have a strong digital offering – a proportion that rises to almost two-thirds among HNWIs under 45 and in Asia, the report said.

Financial giant buys South Florida wealth management company

The financial giant bought the local company for $275 million.

The Democratization of Wealth Management

Two drivers that will accelerate this democratization of wealth management are a shift in investor preferences and advances in technology.

Wealth Management Industry Getting Better for Females

Female professionals say the two biggest concerns that need to be addressed to accelerate the trend are an ability to balance the career with motherhood, and a larger number of women in leadership roles.

JPMorgan relaxes office dress code to allow jeans and sneakers

“This reflects how the way we work is changing,” the company said in a memo.

EU passport through investment in Cyprus

As a full member of the EU, Cyprus provides all this without the restraints of other EU countries with similar schemes.

Credit Suisse Boss Faces Revolt From Bankers Over Strategy Shift

One year in, Credit Suisse stock is down 50 percent. And the investment bank, the second largest in Switzerland after UBS, is in open revolt.

Dutch trust operator buys Elian

Elian is expected to generate Revenue of £96 million and EBITDA of £36 million (37.4% margin), representing a CAGR of 9% and 12%, respectively, on Revenue and EBITDA since FYE January 2015 (pro forma for the acquisitions of Allied Trust and SF

Close Brothers buys London based wealth manager

The firm specialises in servicing high net worth clients, particularly in the media and sports industries.

Leading independent private banks merge

The deal is expected to have a "modestly positive impact" on earnings per share from the first full year after the merger, before cost savings, the companies added.

Wealth and Asset Management