10/31/2023
Advies joins Saltus Partnership Programme
This marks a significant milestone for the Saltus Partnership Programme as it continues to build on its existing partners and expand the number of businesses it supports.
Wealth and Asset Management
10/31/2023
Vontobel achieves stable result for first nine months of 2023
As a result of rising geopolitical risks, institutional investors are staying on the sidelines rather than making new investments.
10/31/2023
Interim results of the Swiss National Bank as at 30 September 2023
As at end-September 2023, the SNB recorded a profit of CHF 1.7 billion before the allocation to the provisions for currency reserves.
10/31/2023
Wealth Manager Top 100 2023: The next 25 top fund pickers
Unveiling the second batch of 25 names to make the cut in this year’s study of the UK’s top fund selectors.
10/31/2023
5 Wealth Management Fintechs Making Waves in Singapore
A core focus of the revamped ITM 2025 will be to broaden the financial industry’s capabilities in several asset classes, including wealth management fintechs.
10/31/2023
Odey Asset Management to wind down business
Follows closure of subsidiaries
10/31/2023
UBS Client Advisor awarded Level 6 Certificate in Private Client Investment Advice and Management
This Level 6 certification demonstrates Will’s exceptional understanding of the principles of private client investment advice and how those principles are integrated into the exemplary support he provides.
10/31/2023
Elon Musk’s Halloween Scare: Personal wealth nosedives by $41 bn as EV sales tank in the US
It seems that for Elon Musk, Halloween is off to a bad start.
10/30/2023
Morgan Stanley Gives All Three CEO Contenders Special Bonuses of $20 Million
The committee granted the awards in acknowledgment of the board’s assessment of the criticality to the continued success of Morgan Stanley of ensuring that each executive continues their outstanding leadership in their new roles.
10/30/2023
Britain's wealth managers on the ropes as their own shares plummet
The biggest loser has been St James's Place, whose shares have dived by 44 per cent – or £2.6 billion – after the consumer duty regulations came into force in July.
10/30/2023
The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers
The investment bank isn’t alone in coming to this conclusion.
10/30/2023
HSBC: Over $40 Billion of Wealth Inflows in Asia
Asia accounted for the majority with $42 billion booked in the region.
10/30/2023
UBS completes the sale of its 51% stake in UBS Hana Asset Management to Hana Securities
The transaction has received all necessary local regulatory and other approvals.
10/30/2023
LLB will soon be in Europe's largest private banking market three times
The building is located opposite the Alte Oper and therefore in close proximity to Frankfurt's financial district.
10/30/2023
Reviving the Swiss Boutique: The Comeback of Small Private Banks
The interest rate environment was a decisive factor, leading to a marked shift in the earnings structure of private banks away from the commission business and towards the interest business.
10/30/2023
HSBC Flags China Property Worries
China’s commercial real estate sector was prominently featured, accounting for $500 million in charges for the third quarter and $800 million overall in the first nine months of 2023.
10/30/2023
Euro Credit Holdings Limited Unveils Wealth Management Platform to Transform Financial Advisory Services
Euro Credit Holdings Limited Unveils Wealth Management Platform to Transform Financial Advisory Services
10/27/2023
Ameriprise sees wealth management growth despite slowing inflows
Also reporting its results Wednesday, St. Louis-based Stifel said it had to set aside $67 million in the third quarter for legal charges mainly arising from a similar probe.
10/27/2023
Four Ways To Win The Wealth Management Game
That gives advisors who rise to the occasion an astounding opportunity to deepen their existing relationships, win new clients from those advisors who are playing not to lose and playing to play, and generate strong organic growth.
10/27/2023
Canaccord Genuity eyes Close Brothers wealth business in UK push - sources
Such a deal would be another example of consolidation in the UK's fragmented wealth management industry, driven by both corporates and financial investors.