Managers of Wealth

Warren Buffett Talks Philanthropy With 'Giving Pledge' Billionaires

A group of billionaires met to talk about money -- not earning it, but how to best give it away.

Following an advisory-led strategy by relationship managers can change the face of investing

Damn the financial crisis.

7IM to offer advisers banking and lending functions

Seven Investment Management is enabling advisers to take deposits and offer clients loans through its platform.

Opening the Spigot for the Heirs

That's a shame, because things didn't have to get so bitter. Even with rates low, there are some ways for trusts to produce steady, decent-sized payments.The heirs to America's fortunes are growing impatient.

Credit Suisse weighs up JOHIM sale

Credit Suisse, the Swiss banking group, is considering the sale of JO Hambro Investment Management, its UK private client wealth management business.

Investec/de Broë investment processes to merge by September

Investec Wealth & Investment is to integrate its investment process with that of Williams de Broë (WdB) by September, Wealth Manager can reveal.

Merrill Lynch private banking opens Palo Alto office to reach tech wealth

The new office at 3075 Hansen Way has about 16 Merrill Lynch staff catering to the unique needs of Silicon Valley's wealthy investors and employees whoe tend to be younger and more entrepreneurial than Merrill Lynch's more traditional clients in

Kaven Leung outlines strategy shift at Julius Baer

He says private banks will win the race for Asia's wealth and explains how he intends to go about it. He talks about his time at Goldman, and what asset managers must do.

BofA-ML's Indian wealth management unit on sale

Last month, the company had put its non-US wealth division up for sale

Bahraini female pride: Which Arab women made Forbes' list?

It initially had a total of 219 women, who were shortlisted to 100, according to a statement issued by Forbes. It lists 29 women from the banking sector, 18 from manufacturing, 16 in investment, 14 from services with the insurance sector having eight.

Few women make it to the top despite Asia's wealth

Yet few women in Asia make it to the top. Social norms undervalue girls and women, with sex-selection abortions resulting in some 1.3 million girls per year not being born in China and India alone.

Andrew A. Arons Selected For "New Jersey 2012 Select Wealth Managers"

Andrew is the founder and managing partner of Synergy Advisory Management Group. The firm specializes in retirement planning and wealth management.

No Country for Rich Men

Saverin has plenty of company. The number of Americans who formally renounced their U.S. citizenship soared to 1,780 last year from 235 in 2008.

Mitt Romney would be the wealthiest president ever, Forbes calculates

Mr. and Mrs. Romney fall into the latter category, making them close to quarter-billionaires.

Countrywide set to launch IFA consolidator in July

Bellpenny will use a business model based on acquiring existing IFA firms and asset aggregation and will offer restricted advice.

Coutts cuts 20% of front office in RDR restructure

Up to 20% of Coutts’ front line staff are facing redundancy, following the bank’s decision to place a greater emphasis on wealth management in the run-up to the retail distribution review (RDR), Wealth Manager can reveal.

Former Close team launches fund duo for new boutique

The business is a property and tax planning investment manager, that will focus its sales through intermediary channels.

Caple Banks Wealth Management branches out into Gloucester

Bristol-based Caple Banks Wealth Management has opened an office in nearby Gloucester in a bid to grow its professional connections in the city.

Bank Of Montreal Looks To Singapore For Wealth Operations

The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.

Hong Kong: The Most Business-Friendly City in the World

You get what you pay for, perhaps. Just this week, the Hong Kong government announced a round of pay raises for the government, increasing its chief executive's annual salary to a smooth $622,000.

Wealth and Asset Management