Managers of Wealth

East Midlands-based IFA moves £70m to Novia

Steve Moseley said that cost, functionality and usability dictated the platform switch.

Julius Baer Most Hurt by Kickbacks Ban

Julius Baer Group Ltd. (BAER) would probably be the most affected by the elimination of retrocession fees, or kickbacks, that are paid to banks in Switzerland for selling fund products, Morgan Stanley analysts said.

AMP Wealth Management up 21 pc

“The strong performance of our Wealth Management business reinforces the benefits of the merger with AXA, with a suite of contemporary products and services that cater for all key market segments, supported by Australia’s leading financial adv

Raymond James reports new AUA record

Client assets under administration reached a new record of $403 billion, up 2.8% over last month and 43.6% over last January. Similarly, financial assets under management reached a new high of $48.9 billion, up 5.2% over last month and 32.9% over last Jan

Sanlam acquires two more IFA businesses

Sanlam Private Wealth has acquired two new IFA businesses for an undisclosed sum

Vontobel moves Dubai business to Geneva after good year

The Zurich-based bank, long noted for its work as an investment bank, has had offices in Geneva since 1993, where it has private and institutional clients.

HighTower lands veteran Merrill Lynch adviser team

The Sarian Group manages $650 million for high-net-worth clients

Boston Private Bank continues California expansion

“By adding or expanding these offices, we deliver the private banking and wealth management services our clients value

Rathbones grows funds as ex-Williams de Broë chief joins board

Profit falls at private client and investment manager as £1m FSCS bill hits.

BNP Paribas targets UHNW clients in Asia

The wealth unit is hoping to increase its client base in Asia

Jewellers & Coutts team for jewellery box auction

‘The Prince’s Foundation for Children & the Arts’ and ‘Holts Academy’ supported by Coutts

Global Equities Appointment - St. James's Place Wealth Management

Initial amount of approximately £2 billion and is expected to be funded within the next week.

Convergent Wealth Advisors Honored as Best Private Client Investment Platform

Wealth can be complicated

Lib Dem Wealth Tax Crackdown On Heirlooms

Families could be forced to pay a tax on heirlooms including jewellery and paintings under the Liberal Democrat scheme.

Here's How Long It Takes To Become A Millionaire In Different Countries

How long would it take for an average person to earn that special sum?

International private bank opens office at DIFC

The office was opened by Prince Max von und zu Liechtenstein, chief executive of the LGT Group.

Saxo Bank stamps footprint on Middle East's wealth business

Private wealth in the region took a beating during the financial crisis, as the Arabian Gulf's property crash and a collapse in equity markets hammered assets.

HNW Investors Say Economy Worse Since 2007

“We know that risk and return are related, and we believe in taking thoughtful risk for clients to enable them to accomplish their financial goals.”

Westpac spruiks wealth advice

The move is the latest instance of banks seeking to bulk up their presence in wealth management.

European private banking group launches new UK merchant bank

The group has gained FSA approval to launch a UK-focused private merchant bank, targeting companies, family offices and wealthy individuals.

Wealth and Asset Management