08/27/2013
Moore Stephens appoints GM of wealth management
He managed wealth teams at AXA and AMP for over 25 years and brings with him a wide knowledge in strategic business management in financial planning.
Wealth and Asset Management
08/27/2013
Asia’s Infinity Financial in major deal with UK star manager Bestinvest
Infinity says “a large percentage” of its existing clients have thus far switched some or all of their investible assets over to Bestinvest (BI), and “virtually all new clients are choosing it as their investment manager”.
08/27/2013
Notenstein Emerges From Dark Shadow of Wegelin Bank
In Wake of Wegelin's Tax-Evasion-Related Demise, Switzerland's Notenstein Targets Socially Responsible Investing
08/27/2013
Wealth-X Supports Turquoise Mountain With UHNW Prospecting As Part Of Its Giving Back Programme
Wealth-X will provide the non-profit organisation unrivalled access to the world's largest collection of curated research.
08/27/2013
Mattioli Woods assets soar following acquisition spree
Overall the firm’s profits before tax increased by 10% to £5.5 million
08/27/2013
Coutts hires HR head from Moscow-based firm
She joins Coutts from The Renaissance Group
08/27/2013
LGT Group sustains high net asset inflows in the first half of 2013
LGT Group, the international private banking and asset management company, made good headway in its core operating businesses in the first half of 2013
08/27/2013
Charles Stanley tops advised assets under management
The research, which covered 32 DFMs that offer outsourced services to financial advisers, found that more than £24bn is managed on this basis, with the average amount managed per client at £249,477
08/26/2013
Valartis Group to Merge or Sell Swiss Private Bank
Swiss private banks have been looking to cut costs as they grapple with low interest rates and slack client activity which have eaten into profits
08/26/2013
Old Mutual has big plans for its wealthy clients
We have sourced the capability in terms of the information technology required
08/26/2013
Valartis Group closes the first half of 2013 with a slight profit
Valartis Group closed the first half of 2013 with a profit of CHF 0.1 million. In an on-going challenging market environment
08/26/2013
How wealth managers are pitching their restricted status to the public
The new rules, which were introduced in January are full of intricacies, as firms seeking to describe themselves as independent have to advise on the full scope of retail investment products, which includes life assurance policies and pensions.
08/26/2013
McQuaker: Managers To Back When The Red Turns Off the QE Tap
Henderson's Head of Multi-Asset Bill McQuaker is backing value managers to outperform in what he describes as a more 'granular market'
08/25/2013
Boutique bank Lesmoir-Gordon, Boyle & Co is riding high
But Lesmoir-Gordon, Boyle & Co, a boutique bank set up by Schroders’ veterans Richard Lesmoir-Gordon, Andrew Boyle and Nick Smith, is aiming to change that.
08/25/2013
Millionaires Abound in Major African Cities, a study finds
Johannesburg has the top number of millionaires on the African continent with some 23,400 very rich people
08/22/2013
Amid the decline, India's wealth club keeps growing
The membership numbers for its wealth club just keep on rising
08/22/2013
Bank Leumi clarify exec pay policy
Bonuses will only be distributed at Leumi if the bank's return on equity reaches 7.5%
08/22/2013
ABN AMRO Q2 slips, warns of higher loan impairments in 2013
Dutch state-owned bank ABN AMRO reported second-quarter net profit of 402 million euros ($536.5 million)
08/22/2013
Quilter Cheviot teams come together in Liverpool
They form part of the Quilter Cheviot North West operation, which also includes Manchester and North Wales, with total funds under management of more than £1.2bn.
08/21/2013
Bellpenny acquires IFA firm
IFA acquirer and wealth manager Bellpenny has completed its acquisition of Glasgow based IFA firm KM Financial Advisers.