Managers of Wealth

Lombard Odier to merge global and emerging bond divisions

Gregor MacIntosh will head up the firm’s global and emerging fixed income teams

14th annual report on the UK HNW sector - RESEARCH

The majority of the HNWIs (60%) do not wish to be actively involved in the management of their assets, but most would wish to understand the investments made on their behalf.

Hiscox responds to broker demand with private client launch

The provider said Hiscox Private Client was opened following in-house research which showed that the majority of high net worth (HNW) customers don't use a HNW insurer.

Rothschild parent's Q3 revenues rise 22 pct

Also bolstered by a jump in merchant-banking proceeds.

Art Boom Forces Wealth Advisers to Develop an Eye

Even if collections are more like hobbies, financial advisers to the rich can't ignore the power that those beautiful and rare objects can hold over their clients - or the damage they could do to a client's financial well-being.

Genworth Wealth Management Releases New Practice Management Book

The Power of Practice Management Provides Key Business Insights for Growth-Minded Advisors.

Bank Of America Introduces Merrill Edge Roadmap

“Merrill Edge Roadmap looks at their financial goals and provides specific steps that they can act on by working with a Merrill Edge Financial Solutions Advisor.”

Wealthy French eye Belgian tax perks

“We’ve got loads of people coming every day asking us questions about setting up foundations,”

Spain's Bankia hires Rothschild to sell company stakes

"We have hired Rothschild for certain disposals," a spokesman for Bankia said on Friday.

First Republic Named Best Private Bank In North America

The bank received the award at a ceremony hosted by Pageant Media, publisher of Private Asset Management, before banking and wealth management professionals in New York.

Sanctuary Wealth Services Honored By Private Asset Management

Sanctuary was one of five firms nominated in the category.

The black hole that is wealth management products

Mainland investors are becoming wary of products that 'disappear' after offering juicy returns, the first of a two-part series explains

Standard Life in talks to buy Newton's wealth arm

The daily said the other bidders were Quilter, owned by private equity firm Bridgepoint, and private bank Rathbones.

BNP Paribas begins overhaul after fourth quarter profit drop

This year, the Group completed its plan to adapt to new regulations ahead of the schedule announced

Aberdeen Asset Management buys Artio Global Investors for £112m

Artio is debt-free and had net asset value of $141 million (£90 million)

Nearly Half Of Ultra-Wealthy Feel Isolated When Making Financial Decisions -RESEARCH

Poll Reveals Most Ultra-Wealthy Don't Feel Financially Secure

High-Net-Worth Investors Worried About Direction of U.S. Economy

Northern Trust Survey also finds uncertainty among affluent Americans about their ability to meet financial goals.

St.Galler Kantonalbank reports significant increase in net profit

For the current year, St.Galler Kantonalbank anticipates a development of revenues and costs at current levels.

Societe Generale to reinforce organisation by refocusing on core businesses

A new pillar encompassing Corporate & Investment Banking and Private Banking, Global Investment Management Services, with a view to developing commercial and operational efficiency, specifically in terms of the flow business, with improved coordinatio

KBC Private Banking is named 'best private banker in Belgium' by Euromoney.

Also named as ‘highly commended private banker’ by the Financial Times/The Banker.

Wealth and Asset Management