01/08/2013
"The ending of life companies paying commission to IFAs and other sales people should help to lower new business churn and improve margins. Adjusting business models to cope with this may not be easy."
01/07/2013
Independent advisory firm Merriman LLC joined Focus Financial on Dec. 31.
01/07/2013
The firm said it made no acquisitions in 2011 and in fact declined on a number of offers.
01/07/2013
Sarasin & Partners have announced that the two funds of funds, the Sarasin Global Diversified Fund of Funds and the Sarasin Global Equity Fund of Funds, which were launched last year, have been added to a range of platforms.
01/06/2013
The country’s entrepreneurs are increasingly drawing on private bankers’ skills as they seek out new sources of income and ways to pass on wealth to younger family members.
01/06/2013
The year ahead is set to be as tumultuous as the past few years as the eurozone continues to navigate its way out of a debt crisis, the BoE welcomes a new governor and the US tackles the fallout of the fiscal cliff.
01/06/2013
Unprecedented signing bonuses, cultural changes linked to acquisitions, a push to cross-sell company products, and a growing charm of joining regional outfits contributed to many of these exits which are likely to continue this year, recruiters and broke
01/06/2013
All independent financial advice previously provided by Clarion will be provided by Clarion Wealth Planning. Discretionary investment management services will now be supplied by Clarion Investment Management.
01/06/2013
The change has come into effect immediately and follows a rush of investment managers moving to streamline their retail and institutional share classes in time for the retail distribution review.
01/03/2013
While billionaires may have eased up on their giving in 2012, it looks like they’ll be digging a little deeper into their pockets in the coming year.
01/03/2013
Collapse of product sold by Huaxia Bank branch exposes lax management and supervision of outlets on the mainland.
01/03/2013
Full details to be announced internally later in January
01/03/2013
The report’s authors blame the set-back on poor equity performance, particularly in Japan, China and India.
01/03/2013
The report’s authors blame the set-back on poor equity performance, particularly in Japan, China and India.
01/03/2013
Move to restricted among larger firms contrasts sharply with survey figures for wider IFA sector.
01/03/2013
“It’s a stark reminder that financial services are one of the only globally competitive businesses that the UK has.”
01/03/2013
Recruitment trends on Wall Street reflect a new emphasis on compliance and wealth management ...
01/03/2013
Its final milestone was reached on December 31, when its specialist Family Suntrust family SIPP went live as an RDR-ready retirement solution
01/03/2013
The plea, in U.S. District Court in Manhattan, marks the death knell for one of Switzerland's most storied banks, whose original European clients pre-date the American Revolution.
01/02/2013
Last year was a great one for the world’s billionaires