Managers of Wealth

Nedbank Private Wealth and Nedgroup Trust staff raise over £8,700 for charity

The staff of Nedbank Private Wealth and Nedgroup Trust , have been busy raising money for five staff-nominated charities.

Julius Baer builds out Dutch private banking team

Following the recently finalised acquisition of Merrill Lynch's Wealth Management activities in the Netherlands by Julius Baer, the Swiss private banking group has now announced the appointment of three new relationship managers.

IFA to bolster buyout war chest with Aim listing

Dealings on Aim will start on 30 June 2014, Worcestershire-based AFH Financial says.

When Bad Wealth Management Happens To Good People

Robust bootlegging operations in America between 1920 and 1933 provided easy cash for those willing to operate outside of the law.

BNP Plans U.S. Expansion With 100 More Wealth Advisers

BNP Paribas SA, the French bank facing a potential $10 billion U.S. penalty over its dealings with sanctioned countries, said it’s sticking with a plan to expand its BancWest division.

Teamwork the Wall Street mantra for wealth management

When James Gorman joined Morgan Stanley in 2006 to run its wealth management business, he told brokers in his maiden address that they should work in teams.

Brooks Macdonald to make 'substantial' DFM fee cut

Brooks Macdonald is planning a ‘substantial’ fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.

Two Types Of Affluent Celebrities

There is a nearly insatiable interest in how celebrities spend their time and money

Asia's rich wary of global banks managing money: Portcullis TrustNet

Wealthy Asians are increasingly wary of letting banks look after their money and would rather use smaller asset managers instead

UBS sees opportunities amid rising regulation

Prospects in the profitable and low-risk private banking industry have been dimmed by an international crackdown on untaxed assets

Private client wealth manager to relocate to Bournemouth marking “new era”

ONE of the largest independently-owned private client wealth managers in the UK is relocating to Bournemouth.

Misgauging the 'Disruptions' When Firms Merge

A new firm's branding comes under fire from clients

UBS Pursuit of Brazil High-Frequency Trading Brings No. 1 Rank

Barclays Plc and Deutsche Bank AG are among companies that have scaled back their equity teams in Brazil

Is Coutts’ suitability warning the tip of the iceberg?

‘I think the regulator has spent a number of years warning, advising and throwing “last chance saloon” opportunities at investment companies,’ he said.

SMBC Trust Bank to expand services for Japanese HNW's

SMBC Trust Bank Ltd. seeks to boost headcount from 170 through hiring as well as transferring staff from Sumitomo Mitsui’s core banking unit, Executive Director Chiharu Yamada said in an interview on June 11.

Nomura launches new Wealth Management business division

A new Wealth Management business division will be established within the firm’s Retail division, integrating the current Japan Wealth Management Group with the Asia Wealth Management business.

International Asset Monitor rebrands to IAM Advisory

The change has been effected to reflect the comprehensive range of investment advisory services that the company provides, with detailed performance monitoring and analytics forming only a small, yet important, part of the whole.

Profits follow Walker Crips' 'substantial transformation' of investment

Group delivers £2.5 million pre-tax profits inclusive of one-off investment disposal gains

Coutts’ suitability review set to include investment bonds

The emphasis for potential mis-selling is not on the investment management side

Citadel’s profit rise helps Peregrine return to profit

Niche financial services group Peregrine Holdings on Wednesday reported a return to profit for the year ended March, thanks to a strong performance by its wealth management division, Citadel.

Wealth and Asset Management