Managers of Wealth

Today's wealth management firms are casting a wider net

Wealth management is an industry much changed from years passed.

The master who teaches the Merrill herd to graze on wheatgrass and chia

A wellness guru who has gained influence under John Thiel's leadership of Bank of America's Merrill Lynch wealth management business.

Private Wealth Latin America and the Caribbean: A Forum

Two days of panels, discussions and networking were well attended by industry representatives from family offices, asset management firms, hedge funds, private equity and domestic and international banks.

Sands prepares to pitch to StanChart investors

Shareholders will be looking for more reassurance that the bank’s new structure will deliver cost savings and growth.

What was Ansbacher?

Wealthy clients opened offshore trusts and lodged money through him

Stifel Completes Acquisition of 1919 Investment Counsel & Trust Company

1919 Investment Counsel provides customized investment advisory, trust and family offices services,

Swiss Gold Vote Approval Would Boost Reserves

Switzerland is set to become the third-biggest gold holder should voters choose this month to force the Swiss National Bank to increase its bullion reserves.

Pensions freedom a ‘bumper’ opportunity for advisers - St James’s Place

Next year’s pension liberalisation will provide a “bumper” opportunity for advisers

ABN AMRO Aligns Diamond, Jewelry Sector Under Corp. Banking Segment

The bank renamed its commercial and merchant banking segment to just corporate banking and its mission is designed with a sector-based approach that includes commercial clients, international clients and capital markets solutions.

Canaccord Genuity CEO Says Seeking Wealth Deal in U.K.

Canaccord Genuity acquired the private-wealth management division of Eden Financial Ltd. for $20.8 million in 2012 to expand its business in the U.K. A year earlier, the firm purchased British brokerage Collins Stewart Hawkpoint Plc for $393 million.

Wells Fargo prods elite bankers, brokers to share more clients

Battles between brokers and private bankers for very wealthy clients have always been fierce, but Wells Fargo & Co is changing its rules to encourage partnerships of the two rivals that it says will open a $300 billion opportunity.

UBS Establishes Sustainable Investment Team In Asia Pacific

UBS AG has established a new team in Hong Kong to provide advisory and investment solution services in Asia Pacific to meet increasing interests among investors to pursue a sustainable investment approach

Harrods eyes retail banking

The new plan looks more mainstream. Harrods is set to launch a standard savings account next year, building on the mortgage product it launched in 2014.

Sallie Krawcheck: Majority of Women’s Money Going Unmanaged

Women will retire with two-thirds the assets of men, yet they will live six to eight years longer.

A Peek into Goldman’s Exclusive Asia Private Bank

Goldman doesn’t break out its assets has under management for Asia Pacific, but publications that track the industry says it has about $45 billion, putting the private bank either in 11th or 13th place in the region, depending on which rankings you

Strauss-Kahn investment firm shuts after new details emerge

AN INVESTMENT firm formerly associated with Dominique Strauss-Kahn has declared itself insolvent following the discovery of new dealings that the firm says have knocked its financial situation.

Wealth Manager’ - Coming soon on Bloomberg TV

Bloomberg TV India, the country's leading English business news channel, will unveil the show “Wealth Manager”.

RBC Global Asset Management announces October sales results for RBC funds and PH&N funds

Long-term funds had net sales of $631 million and money market funds had net redemptions of $62 million. Assets under management increased by 1.1 per cent.

Wealth managers must innovate or else stand to lose high net-worth clients

New players with technology at their core are shaking up the private banking industry

Belgian Bank Awarded Double Honours

Subsequently the services and levels of attention to clients are exceptionally high, leading to its reputation as one of the most proactive private banks in Belgium

Wealth and Asset Management