Managers of Wealth

Global estate planning forum STEP opens India chapter

The opening of the India chapter is significant as it marks the coming together of competitors

Wealth firms call for FSCS reform

In his view, the Financial Conduct Authority (FCA) and FSCS cannot continue to raise fees and expect firms to pay up.

SJP adds another boutique to its ranks

SJP has sought to actively recruit experienced wealth managers to launch partner practices under the SJP umbrella.

The 2015 Wealth Management Industry Awards Winners

The Industry Awards recognize forerunners of innovation and leadership

Swiss privare bank scoops up $1.3 billion Merrill private banking team

Group of three advisers produced $7.8 million in revenue

Stifel's 'Transformational Acquisitions' Fuel Muni Growth

The acquisition of the Barclays unit will further expand Stifel's public finance role

Axa Wealth CEO ‘ahead of plan’ on restructure

Mr Kellard admitted he had set some tough targets for Axa Wealth, especially given the regulatory hurdles such as RDR in January 2013 and the pension freedoms in April this year.

Isle of Man-based wealth manager launches UK wealth business

The firm has filed for an FCA licence and is looking to build up teams in both its London and Manchester offices.

Fund and private client services company acquires firm in Luxembourg

Their senior management team is additionally strengthened by Raphael Poncelet who is a partner in the firm.

Standard Chartered's new chief awarded £6.7m in shares

Deal designed to compensate Bill Winters for leaving hedge fund he co-founded

Management team buys RBS India private banking unit

The Royal Bank of Scotland announced the sale of the business

Booming Art Market Paints a Picture of High Risk

Private banks typically offer these loans to their clients at a rate of 2% to 3%, lending up to 50% of an artwork’s value.

Robots can't read your dreams, advice firm warns

The push towards more automated services is a huge wake up call for the industry

Standard Chartered Bank to sell iconic office

The London-headquartered bank has announced a plan to save $1.8 billion cost globally by the end of 2017 and has simplified the organisation layers to deliver it

Goldman CEO Lloyd Blankfein Has Lymphoma

Executive expects to work largely as normal while undergoing chemotherapy in New York

Close Brothers could enter 'robo-advice' space by 2017

Following Nutmeg's move to offer advice, wealth managers have taken to robo-advice in order to capture smaller clients.

How wealth firms can attract UK entrepreneurs

This is the view of Christian Fringhian, a partner at Reyl & Cie, who believes the time is ripe for non-investment banks to enter this space and attract cross-border entrepreneurs.

Swiss Bank group Julius Baer launches bank in India

The launch was deferred on account of a delay in approvals from a bevy of regulators and 'complications' in the deal

Engagement more important than tech in digital disruption

Technology will continue to be used to streamline costs and improve efficiencies as well as facilitate more rigorous compliance and regulatory reporting

European Wealth pays £675k for Surrey-based IFA

'The combination of uncertainties in the global markets and the underlying dynamics of the wealth management industry will continue to create meaningful opportunities for the group

Wealth and Asset Management