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
The agreement will allow Arbuthnot Latham to focus on its core private-banking business
07/17/2014
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 saw pre-tax profit triple to £7 million over the course of 2013.
07/17/2014
Wealth management pretax margin 21 pct vs 18.5 pct
07/17/2014
The private equity market remains very competitive, especially for quality investments
07/17/2014
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
The lines demarcating private banking and wealth management are somewhat blurred.
07/16/2014
London based financial software company, Third Financial Software, have agreed a sponsorship deal with British Triathlete, Laura Fidler.
07/16/2014
The lack of certainty is still palpable
07/16/2014
"Wealth management capabilities are an important element of our contemporary full-service investing model," Mr. Bettinger
07/16/2014
Wealth Management trust, investment and other servicing fees were $311.5 million, up $11.2 million, or 4%, from $300.3 million in the prior quarter
07/16/2014
Private bank to acquire $4.3B RIA, creating $9B wealth management monster
Bank will establish a new, wholly owned subsidiary that will combine its existing wealth management business with that of Banyan Partners. Subject to regulatory approval and customary closing conditions, the transaction is expected to clos
07/16/2014
SJP adviser acquires two advice firms for undisclosed sum
A new legal firm enjoying rapid early growth across the business has acquired two Financial Services businesses to bolster its Financial Management arm.
07/16/2014
Emerging markets - private banking needs differ
A huge, fast-growing client segment can't be reached with traditional wealth management products
07/16/2014
Bank of America's continuing investment in its Merrill Lynch wealth management business caused expenses in its global wealth sector to grow more quickly than revenue in the second quarter.
07/16/2014
Investors are growing more interested in using mobile technology for financial purposes.
07/16/2014
The Asset Management Group, which includes personal wealth management for high-net-worth and ultra-high-net-worth clients, raked in $362 million in revenue in the second quarter,