Managers of Wealth

BNY Mellon to buy Menlo Park investment firm

Atherton Lane Advisers co-founders Perry Olson, Janet Littlefield and Gary Patterson will join BNY Mellon Wealth Management, with Mr. Olson assuming a senior leadership role, the company said.

UAE Insurance Authority issues licence to Guardian Wealth Mgt

The UAE’s insurance regulator has granted its first brokerage licence in around eight years, to international IFA firm Guardian Wealth Management.

Maitland's Well-Kept SA Success Story

Itâ€™s about getting a licence to act as a manco and administrator for private equity and real estate funds in the EU.

New management at Richmond Fiduciary Group following MBO

Richmond was established in 1988, is based in Guernsey, and offers fiduciary services including professional trust and company formation and management. The directors, together with the senior managers have over 250 years combined experience in the intern

Private bank taking look at Barclays Asia wealth arm - CEO

Barclays has picked Lazard to help advise on the deal amid efforts to scale back in Asia, three sources with knowledge of the matter said last month.

BNP Paribas to simplify its wealth management structure

The move would fit with the bank’s broader plan to review operations, cut expenses and boost cross-selling, as compliance and regulatory costs weigh on profitability targets.

Old Mutual buys AAM Advisory, focuses on Singapore and HK only

Old Mutual Wealth has today signed an agreement to buy the Singapore-based expat-focused financial advisory firm AAM Advisory as part of its plans to concentrate the Old Mutual International business on only two core markets in North/SE Asia.

A golden ticket to citizenship

Also, the residency rights obtained through a 'golden visa' can be upgraded to citizenship after a few years.

What keeps Asia’s most affluent up at night?

The situation is particularly difficult in Asia where the maintenance of wealth is a fairly new development.

Banker to the Queen, Coutts, is to close its Liverpool branch in weeks

Coutts targets wealthy people with at least £1m in 'investable assets' and has been in the city for less than 13 years

Julius Baer eyes acquisitions, "not really" keen on BSI

Julius Baer says still on lookout for acquisitions, expects consolidation in Swiss market to continue

Tilney denies interest in Towry acquisition

The reports follow the news in December that Palamon Capital Partners, Towry’s private equity backers, had decided to sell the advice business, then reportedly valued at £600m, after giving up on plans to float it on the stock market.

Pensions reform sparks sea change in fund sales

This was offset by net sales into Isas dropping 10 per cent to £3.5bn, and unwrapped products falling 18 per cent to £3.7bn.

Yearsley teams up with ex-Hargreaves colleagues for HNW service

Davies and Yearsley worked alongside each other at Hargreaves Lansdown where the former was a board director and latter worked in fund research.

Eight of the BEST Websites in Wealth

High-net-worth individuals are among those most frenetically integrating digital technologies into their lives, yet many wealth management firms have been slow to realise that an online offering is more than just a hygiene factor in their proposition; it

Wealth and Asset Management