Managers of Wealth

When banks and wealth don’t mix

THE fallout from the CBA financial planning scandal will resonate for many years among ordinary Australians.

BNY Mellon Debuts New National Ad Campaign Featuring HOFer Joe Montana

Wealth management specialist BNY Mellon breaks an ad with Pro Football HOFer Joe Montana

New-look Towry at a turning point

The acquired business, which advised more than 4,500 private clients and held more than £1.5bn of client assets, was another step in Towry’s ambitious acquisition plans.

WMA doubts RDR's future in a MiFID europe

There are differences between RDR and MiFID, such as their definitions of independent advice

Top philanthropists to meet in Shanghai at UBS Family Legacy & Philanthropy Forum

UBS today announced the launch of the UBS Family Legacy & Philanthropy Forum in Shanghai.

Cheers! Hawksmoor launches own beer brand

This was not Briarbank's typical request.

Liverpool financial planning firm W&A says ordinary people are being penalised by 'crumbling' care system

Wilcocks & Associates helps Liverpool savers protect £2.5m in assets and ponders merger with law firm

Business before wealth: HNW business owners in Asia, Africa and the Middle East

WEALTHY business owners in Asia, Africa and the Middle East are most focused on growing their companies, according to a Standard Chartered Private Bank and Campden Wealth Research report released yesterday.

Schroders’ Global Multi-Asset Income fund surpasses $5 billion in AUM

This milestone highlights the continued strong demand for income from clients globally, particularly given the sustained environment of moderate economic growth and low interest rates, coupled with the trend of an ageing population globally.

Asian IAM assets to double by 2020: Julius Baer

The region’s independent asset managers are tipped to account for a significantly bigger share of investable portfolios in the coming five years, from clients within and outside Asia.

Deutsche Bank Asset and Wealth Management Unit Expects Record Inflows

Deutsche Bank's asset and wealth management unit, which was created when co-chief executives Anshu Jain and Jürgen Fitschen took the reins mid-2012, is also on track to reach its ambitious target to achieve a pretax profit of €1.7 billion n

Hyde Park Barracks inspected by Abu Dhabi wealth fund

Middle Eastern investors show interest in the home of the Household Cavalry

Julius Baer sees significant growth during 20th year in Guernsey

As a result of the increased business coming from the group, the Guernsey branch has implemented an expansion plan which includes additional recruitment.

Wealth managers need to get moving on mobile

It is no surprise that the clients of wealth managers tend to be wealthy people.

Goldman muscles in on Europe’s private banks

Goldman Sachs is expanding its European wealth management business to offer loans to rich clients in a move that is taking it further into the domain of centuries-old private banks in Europe.

Deutsche Bank’s asset arm plans to power up in Londona

Deutsche Bank’s asset management arm is planning to double the number of financial professionals it employs in London to 600 over the next five years.

Morgan Stanley eyes compensation cuts for financial advisers

Morgan Stanley wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and perhaps most difficult front in Chief Executive James Gorman's drive to reduce staff costs across the bank.

Reaching diverse consumer groups;⁬ High-net-worth consumer

Asia is now home to more high net worth (HNW) individuals (those with more than US$1 million in investable assets) than any other region.

Natixis unveils high conviction global equity fund

Today’s financial environment gives UK investors great flexibility over their pensions and savings

African Family Businesses Beat Other Emerging Markets for Corporate Governance

Businesses and families developed differently in Africa

Wealth and Asset Management