10/20/2016
Private bankers reassuring clients about Clinton v. Trump
Clients are worried about the election but more focused on the long term issues that affect portfolios
Wealth and Asset Management
10/20/2016
Banking Brokers Boost Morgan Stanley’s Wealth Unit
Morgan Stanley has been trying to motivate its brokers to help build up its bank, including offering bonuses
10/20/2016
Echelon Wealth partners with boutique investment firm
A boutique investment management firm, SIC caters to ultra-high-net-worth family offices and trusts with minimum mandates of $3 million.
10/20/2016
Morgan Stanley may not follow Merrill Lynch's lead to ban IRA commissions
The firm will announce details of its strategy to comply with the DOL fiduciary rule in next two weeks
10/20/2016
Jersey Finance Unveils Research Demonstrating Island’s Value to Europe
The reports also reinforce how Jersey’s benefit to the UK and the rest of the EU far outweighs any potential costs in terms of foregone tax revenues to the continent.
10/20/2016
Wealth managers ask if women need to change the way they manage their money
Gender pay gap widens significantly after women have their first child
10/20/2016
Tech billionaires dominate the 2016 Forbes rich list
Four of the top five names of Forbes annual analysis of America’s most wealthy people is from tech industry
10/20/2016
Close Tactical Select Passive fund range celebrates fifth anniversary
The five year cumulative return for the TSP Conservative fund has been 44.0%, the TSP Balanced 55.8%, and the TSP Growth 58.0%.
10/20/2016
Rathbones plans to raise £38m as bond yields impact DB schemes
Looking to raise £38m
10/20/2016
GAM Sees Significant Profitability Drop This Year on Volatility
Frequent bouts of volatility amid sideways markets have led to risk aversion among clients.
10/20/2016
Small is still key for City Asset Management
Four years on from being Wealth Manager cover star, Coghill also discusses the impact of increasing regulation on her family-run business.
10/20/2016
New world order: Have Hargreaves and SJP had their day in the sun?
Perhaps controversially, analysts also point to advice-led models being better positioned for the financial services market of the future.
10/19/2016
Credit Suisse sets up wealth mgmt firm in Channel Islands
The new firm will also be able to offer a range of global custody and transaction services as part of a traditional liquid.
10/19/2016
HSBC PB signs client referral deal with Indosuez WM
The referral process will begin immediately.
10/18/2016
Loyalty test is top priority at Deutsche Asset Management
Customer retention is a problem in the aftermath of 5 years of upheaval at the investment house
10/18/2016
CAIS Wins WealthManagement.com Industry Award for Hedge Funds/Private Equity
The CAIS team is honored to accept this award.
10/18/2016
Laserfiche Wins WealthManagement.com 2016 Industry Award
The awards recognize outstanding companies and organizations that support financial advisor success.
10/18/2016
KAMCO wins "Best Wealth Management Company - Kuwait" award from International Finance Magazine
The awards were presented to those who made a significant value addition to the industry through innovative products and services.
10/18/2016
Gopal Srinivasan, Narayan Seshadri acquire majority stake in IMMPL
Wealth management firm International Money Matters is focusing on building a platform to scale up its offerings while also reducing costs of the service
10/18/2016
UBS spending $1 billion on IT overhaul
UBS did not give an estimate for the savings envisaged.