Managers of Wealth

Best of 2015: Wealth Management in an Extreme World

We can focus on the myriad challenges facing the business of private wealth management

'Unhelpful' advice labels should be reviewed - OMW

Old Mutual calls for the UK government to find ways to decrease the wealth management industry’s regulatory burden, in response to the Financial Advice Market Review.

Top UK trust in last 25 years changes manager and cuts fees

The appointment of ICG as manager is an exciting new development for Graphite Enterprise which builds on our highly successful relationship with them for more than 25 years.

What asset managers can learn from digital disrupters

There is growing discontent with current incumbents, and this remains a key factor in why investors are eschewing traditional investment management routes.

Another Swiss private bank reaches resolution under Swiss Bank Program

The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.

Meet Kim Jenson, managing director at UBS Wealth Management and a Woman of Influence

I am passionate about attracting more women to our industry

Intertrust sells Cayman banking activities

The transaction will have no effect on Intertrust`s profitability going forward.

The Future of Wealth Management

This is not to say that advisors should ignore the short term, but they’d be well served to pay more attention to where the industry is going long-term, or at least three to five years from now.

Dominion Hires Rothschild To Explore Sale

There can be no assurances that any transaction will result from these matters and the Company intends to make no further announcements or comments regarding these matters unless the circumstances so warrant.

Boxing clever: Nedgroup's multi-management chief on long-term plans

Garvin, who oversees $2.5 billion (€2.34 billion) in assets, has his own long-term credentials – the Cape Town-based fund selector has been in the multi-management business for 19 years and has had a global remit for a decade.

RBC provides $2.5 million in support of Syrian refugees and other newcomers arriving in Canada

The funds will be used towards settlement, skills development, and employment readiness to assist in achieving successful social and economic integration.

Credit Suisse Claims UBS Raided Staff

Roughly 70 of 300 brokers left for UBS in recent months

Brewin's wealth head Ford focusing on growth

As Brewin Dolphin has become one of the biggest names in the UK wealth sector, Ford’s career has progressed in parallel.

JPM wealth arms fined $307m over client disclosure failings

JP Morgan has admitted disclosure failures and will pay the SEC $267 million in penalties and disgorgement.

UBS Boosts Bonuses for Top Teams in 2016

All members of a team meeting the hurdles will individually receive payouts based on what the team’s highest producer receives, UBS says

CIBC Possibly Eying Greater Role In U.S. Wealth Management Space

Chief Executive Officer Victor Dodig has sought to expand CIBC’s U.S. wealth-management business, earmarking as much as C$4 billion $2.87 billion as recently as October to pursue takeovers.

Moody's affirms the ratings of Nedbank Private Wealth with stable outlook

Concurrently the rating agency has affirmed the bank's Baa3/P-3 deposit ratings and the Baa2 cr/P-2 cr long- and short-term Counterparty Risk Assessments; the outlook on the deposit ratings remains stable.

Gaming billionaire exits stokes Crown buyout talk

The move comes amid mounting speculation that talks are continuing to privatise Crown Resorts.

Rich clients for sale as HSBC appoints advisers to help it clean house

The move to reduce the private bank comes after Stuart Gulliver, chief executive of HSBC, unveiled plans in the summer to help simplify the global group and focus on core markets, including Asia.

Startups Have Become Asset Class for Wealth Managers

Many private wealth management firms are also approaching wealthy clients as a product mix in the asset allocation portfolio.

Wealth and Asset Management