03/20/2014
Merrill Lynch Wealth Management and EDHEC Business School Join Forces to Advance Goals-Based Wealth Management
"We are delighted to be able to work on the industry-relevant and intellectually stimulating subject of risk and goal allocation, thanks to our collaboration with Merrill Lynch on this research chair"
03/20/2014
High net worth investor numbers have climbed by nearly 10 per cent in 12 months, with a third of their collective $1.39 trillion in assets via SMSFs
03/20/2014
LLBH Private Wealth Management, an independent wealth management firm advising on approximately $1.5 billion in total client assets, announced it has been named the 2014 "Best Multi-Family Office Overall" in the "New Product" category
03/20/2014
The Company expects to issue a statement on 1 April 2014 to confirm that completion has taken place and to issue a trading update on the same day.
03/20/2014
Every bank catering to the wealthy touts its high-end services.
03/20/2014
Investment trusts chasing places in model portfolios may need an overhaul in order to meet wealth managers’ expectations of size and liquidity
03/20/2014
Morgan Stanley today announced that four UK-based charitable organisations will benefit from the Firm’s first UK Strategy Challenge.
03/20/2014
Rothstein Kass a leading professional services provider to the financial services industry, today announced it was named “Best Multi-Family Office (New Entrant)” and “Best Effective Tax/Accountancy Team” at the Family Wealth Report
03/20/2014
Leading Swiss Private bank looking to bring the children of its clients into the fold
Financially conservative children of current clients receive particular attention
03/20/2014
Brewin Dolphin could enjoy a post-Budget bounce in its share price as it prepares to help pensioners navigate a new pensions climate, Alex Wright of Fidelity Special Situations has predicted.
03/20/2014
Coutts, the private bank and wealth management service has launched the Coutts Foundation, a grantmaker which will aim to help tackle the causes and consequences of poverty.
03/19/2014
Move over investment banking - private banking is the new career of choice
Since the fall from grace of the Gordon Gekkos of investment banking, the more sedate (and responsible) world of private bankers has started to attract high-fliers, says Giulia Cambieri
03/19/2014
Bank J. Safra Sarasin establishes a new centre of expertise for foundations
This centre will provide comprehensive advice and develop products and services tailored to mission-related investing.
03/19/2014
Brown Shipley chief executive Ian Sackfield has said the business will not simply do deals ‘for the sake of it’ and has stressed it is under no pressure from Qatari backer Precision Capital to do so.
03/19/2014
National Australia Bank Ltd. expects to recoup lost wealth management market share in two years by selling more retirement products and making better use of the bank’s retail network.
03/19/2014
Bank of Montreal said it still considers its $1.2 billion takeover of F&C Asset Management Plc “attractive” even after the U.K. money manager disclosed a key client will pull more money from its funds.
03/18/2014
RBC Awarded three top honours in inaugural Family Wealth Report Awards
Canadian Private Bank", "Leading Individual" and "Global Custodian" wins for RBC
03/18/2014
SocGen seeks to pay bankers bonuses up to double their salaries
France's No. 2 listed bank, Societe Generale, said it will ask shareholders for permission to pay some staff bonuses worth up to double their salaries, in accordance with the European Union cap on bonuses.
03/18/2014
CIBC president and chief executive Gerry McCaughey earned $10.01 million in total compensation last year
03/18/2014
Banks Get Lesson in Pay for Performance
As bonus season rolled in, pay has been top of the agenda for two key constituencies—bankers and private-equity executives.