Managers of Wealth

Swiss Wealth unit shuts down as volumes sink

The number of Swiss private banks fell to 139 at the end of 2013 from 182 in 2005.

Swiss banks in quandary over undeclared US accounts

The spat illustrates a thorny issue for Swiss banks. They are eager to shed undeclared American accounts, but Switzerland’s bank secrecy laws mean they can’t easily open up their records to US authorities.

BNY Mellon hires from BofA to boost U.S. wealth management business

He has previously been senior investment strategist at Julius Baer Investment Management and chief investment strategist for JP Morgan's Global Private Bank.

Fisher Investments UK is Recognized as Wealth Manager of the Year

The award is part of the organizations inaugural International Financial Awards, announced March 5, 2015

Consolidation surges in UK wealth management

Pricing pressures, low interest rates and additional regulation have combined to prompt consolidation in the wealth management industry as companies rush to exploit potential cost savings.

Educating the Next Generation of Wealth Managers

Envestnet Institute Launches Online Courses to Prepare College Seniors for Wealth Management Careers

Ex-UBS Wealth Managers said to face French arrests

Tim Cobb, a Zurich-based spokesman for UBS, declined to comment.

Falcon Private Bank eyes acquisitions as industry consolidates

The last major acquisition by Falcon, which manages around 16 billion francs of assets, was the October 2012 deal for a London-based unit of boutique Clariden Leu from Credit Suisse, including some 2 billion francs in assets.

Want to Build Lasting Client Relationships? Be a 'Sticky Hub'

Sticky is bad when it’s on the bottom of your shoe, but priceless when it comes to building lasting relationships.

Stanhope set to launch Jersey office

Stanhope, which is headed by Daniel Pinto, has been active managing portfolios for Channel Islands trust companies since the firm was founded in 2004.

World's first trillionaire tipped within 20 years

The world is likely to see its first trillionaire in 20 years, and they are likely to have made their fortune in the space industry according to one analyst

UBS Launches a New Philanthropy Offering for U.S. Clients

Established in 1999, the Foundation is a charitable grant-making vehicle

Charles Stanley hires Bri CIO to lead Birmingham push

Charles Stanley has hired BRI Wealth Management chief investment officer

Middle East and Africa private wealth set to hit $7.2t by 2018

Even with the slide in oil prices, the Middle East, Africa and South Asia region is still a major source of substantial wealth creation.

Davy Stockbrokers buys outsourcing firm

Davy Group is Ireland's biggest provider of wealth management, asset management, capital markets and financial advisory services.

Asia's trillion dollar private banking industry growth slows

AUM per relationship manager also showed significant growth, with relationship managers averaging US$286 million in 2014, a 4.1 per cent year-on-year increase, it said.

Qatar Islamic Bank opens new London headquarters

Bank’s commitment to its UK business, dedicated to serving its high net worth clients from a centrally-located headquarters.

London Property Market Rife With Dirty Money: Transparency International

London’s property market is being flooded by corrupt offshore money, with billions of pounds being laundered by foreign criminals and corrupt government officials

The wealth manager’s checklist for this year

The combination of a prolonged period of low interest rates, the likelihood of lower real returns on risk assets and rising regulatory pressures present wealth managers with substantial challenges in 2015.

Under the bonnet of wealth consolidator AFH Financial

He is well positioned to comment as his firm has been one of the most active consolidators in the financial advice sector over the past few years.

Wealth and Asset Management