07/21/2014
UBS banks on growth in business with the ultra-rich
UBS expects its business with its wealthiest clients to grow by 7 to 8 percent in terms of assets, as the area plays an increasingly important role for the Swiss private bank.
Wealth and Asset Management
07/21/2014
Julius Baer Says Russian Clients Inactive Amid Tensions
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, said its affluent Russian clients were less active in the first half of the year amid political tensions in the region.
07/21/2014
True Potential pre-tax profits up by 104%
True Potential Associate Partners and True Potential Adviser Services) remains one of the fastest-growing technology and financial services companies in the UK.
07/20/2014
Could Your Wealth Advisor Disappear?
The industry is far from homogeneous and is extremely fragmented, with more than 19,000 firms.
07/20/2014
222-year-old wealth manager to take axe to dealers
The group is understood to have told 11 of its 25 London-based dealers late last week that their job is at risk
07/20/2014
Squeezing the Global Private Banks
The 209 largest wealth management firms in the world boosted their assets under management by 19.7% last year.
07/18/2014
Credit Suisse CIO: trades to help you relax on the beach
We are gripped by the idea of volatility being too low
07/18/2014
Wealth manager ponders market listing in London
Private equity firms are gearing up for a busy period of floats
07/18/2014
BSI Bank ready to samba under new Brazilian owner
Asia will be a big focus for BSI as part of BTG's global strategy.
07/18/2014
YourWealth buyer seeks further online advice deals
Momentum Global Investors’ recent deal for the YourWealth.co.uk site is part of the South African asset manager’s drive for growth which its chief executive has said will see it seek further deals in the online advice market.
07/18/2014
Walker Crips boosts revenues after hiring spree
New hires in the quarter included Steven Moss, Mark Entwistle, and John Fletcher, all of whom joined from Barclays Wealth.
07/18/2014
GFS Stops Issuing Structured Products After Mariana Deal
The agreement will allow Arbuthnot Latham to focus on its core private-banking business
07/17/2014
Locate Jersey highlights inward investment success at high level London event
The success of Locate Jersey in helping almost 100 new businesses establish themselves in Jersey over the last two years in areas such as renewable energy, fin-tech, ICT and mining was highlighted to an audience of senior business professionals in London
07/17/2014
Brown Shipley triples profits as it embarks on hiring spree
Brown Shipley saw pre-tax profit triple to £7 million over the course of 2013.
07/17/2014
Morgan Stanley profits jump 46%
Wealth management pretax margin 21 pct vs 18.5 pct
07/17/2014
Yield-hungry investors lift Swiss asset manager Partners Group
The private equity market remains very competitive, especially for quality investments
07/17/2014
Stern Advice: I am woman, hear me roar
It was painted there by the financial services industry, which has grown hyper-aware of the fact that women have a lot of money and are about to have a lot more.
07/16/2014
Private banks are increasingly seeking the ultra-rich
The ultra-rich are known as a high-maintenance group of clients, typically commanding more sophisticated banking services as well as the best perks from their private banks
07/16/2014
Advisers remain keen to make an obvious difference
The lines demarcating private banking and wealth management are somewhat blurred.
07/16/2014
Third Financial Software ink sponsorship deal with British Triathlete
London based financial software company, Third Financial Software, have agreed a sponsorship deal with British Triathlete, Laura Fidler.