Managers of Wealth

Wealthy turn their noses up at high IFA charges: survey

An Unbiased survey of its listed advisers showed a 14 per cent decrease in the average hourly rate from £175 an hour in 2013 to £150 an hour in 2014.

Agnelli family, Fiat founders, adds $2bn to fortune selling property agent Cushman & Wakefield

As well as Fiat, which took control of struggling US rival Chrysler last year, the Agnellis’ empire spans Italian football club Juventus as well as CNH Industrial, which makes construction machinery and commercial vehicles.

BMO Private Banking Introduces new all-in-one service catered to HNW's

New program includes a customized wealth plan and a full suite of services designed to evolve should circumstances change

Mass walkout at Swedish Private Bank

In total there are about 10 people.

Schroders signs up to corporate access platform

ingage has announced that Schroders UK and European Equity team will be using the ingage IR platform to help with their corporate access requirements

NAB Wealth boss muted on rise of IFAs

NAB Wealth group executive Andrew Hagger has said the bank intends to grow both its adviser and IFA channels

Are wealth managers risking technological exclusion?

Suitability is back at the top of the regulator’s agenda this year, but many wealth managers are still behind the curve, according to Wealth Dynamix CEO Gary Linieres

“There is (Still) No Country Like Switzerland,” Says HSBC’s Swiss Chief

The CEO cited data showing that as of 2013, Switzerland still accounted for about 2.1 trillion Swiss francs

What Does A $30 Trillion Customer Service Experience Look Like?

Did you know that baby boomers are expected to pass down over $30 trillion to their children, or whomever may be lucky enough to be named in their wills? Neither did I.

Great disruption looming for Asia's private banks

The cosy relationship between private banks and underwriters is an ideal target, says Jonathan Rogers.

Merrill Lynch Head: There Is Value in Robos

Thiel cited a study that found when individual investors work on their own, their portfolio experiences behavioral drag, because most people have a fundamental inability to buy and sell at the right time.

Citywealth Magic Circle winners announced

Citywealth has announced its Magic Circle Awards winners for 2015. A total of 35 companies and individuals have been selected for their outstanding performance, by more than 15,200 public votes and 10 judges within the wealth management sector.

Calastone celebrates five years of five-a-side football

This year’s Funds Industry Football Charity Shield to take place on 21st May

Lord Waldegrave takes over as Coutts chairman

The appointment follows a string of senior hires across the business as Coutts continues to invest in it flagship Trust company in Jersey.

New Pictet Group partner appointed

‘Nevertheless, the number of partners now with deep asset management experience has increased to three out of seven,’ a spokesperson of the company said.

Are Rathbones and Close plotting Duncan Lawrie bids?

Rathbones and Close Brothers have been linked with a bid for Duncan Lawrie

National adviser firm pushes past £3bn with double deal

The latest deals take takes the firm past £3bn funds under management

Ultra high net-worth Chinese investors set to pile into UK property following David Cameron election victory

The British government has been wooing big business and high net worth individuals in the country in a big way.

London-based asset management firm sets sights on Abu Dhabi

“Two things are driving this growth; one is there is a growth in the pool of savings in the world. The reason why we’re going so much more than the market is because there is a yearning from large clients for an asset manager that is truly ali

Old Mutual reconnects with Africa

The company's choice of Bruce Hemphill as new chief executive fits in with longer-term – and more challenging – goals.

Wealth and Asset Management