11/22/2013
High Net Worth Millennial investors are nothing if not gung-ho about investing, confident in their investment acumen, and upbeat about their financial futures, according to a Spectrem’s Millionaire Corner study.
11/21/2013
Private Wealth Management Firm Releases New Guide Revealing How Wealthy Invest
The investment guide reveals investment strategies utilized by not only the ultra-wealthy, but major institutions and endowments that create total diversification strategies, utilizing alternative investments to protect, grow and preserve their wealth.
11/21/2013
Resolution In Talks to Sell its Lombard Wealth Management Unit
“A further announcement will be made as and when appropriate,” Resolution said in the statement.
11/21/2013
UBS Targets African Wealthy After Credit Suisse Takes Step Back
UBS is vying with Swiss banks from Julius Baer Group Ltd. to Pictet & Cie. for emerging market millionaires as a global crackdown on tax evasion forces European and American clients to withdraw funds.
11/21/2013
The move that started in Switzerland, taking advantage of the tax-free status of bonded stores on airport grounds
11/21/2013
Small Asia private banks at crossroads - exit or acquire
"There will be continued consolidation over the next three to four years. Unfortunately some players will exit with virtually no returns," said Mark Jansen, a partner at PricewaterhouseCoopers.
11/21/2013
The China Banking Regulatory Commission will require banks to report detailed information on their holdings of wealth management products beginning in 2014
11/21/2013
Wealth Manager can reveal that Pan Asset will be rebranded CS Pan Asset and operate as a standalone business under the Charles Stanley umbrella.
11/20/2013
Baby Boomers, Gen-X Obtained Wealth Differently
Generation X investors give more credit to family connections and inheritance as factors in obtaining wealth than most other investors, according to a Spectrem’s Millionaire Corner report.
11/20/2013
UK-based specialist financial services company Close Brothers Group Plc Thursday said it has made a positive start to the year and remains confident in the outlook for the current financial year.
11/20/2013
Wealth shines at Investec
Investec reported a drop in earnings for its half-year results due to rand weakness.
11/20/2013
Credit Suisse to Ring-Fence Swiss Operations
Zurich-based Credit Suisse said it planned to create a subsidiary for its Swiss operations
11/20/2013
The salary increases negotiated in previous years were 0.5% for 2012 as well as for 2013.
11/20/2013
St Helens-based LS Wealth Management is to rebrand as Beaufort Financial Planning North West as it looks to become more aligned with its network.
11/20/2013
By using DT’s profiling service, it now makes it even easier for advisers to choose the most appropriate portfolio for their clients and is a further example of London & Capital’s continuing pursuit to meet advisers’ needs.
11/20/2013
AFH Financial Group PLC has announced the acquisition of AG Financial Planning Ltd, an IFA based in Bridgend, Wales.
11/20/2013
Model portfolio solutions have enjoyed a meteoric rise over the past four years, but wealth managers remain divided on the ultimate impact for fund selectors.
11/19/2013
Canaccord Genuity Group Inc. would consider small deals to build-up its U.K. wealth-management business even as it shuns larger acquisitions.
11/19/2013
Credit Suisse is ramping up to grab a bigger share of the private banking business in Asia by channelling more resources to increase lending to the tycoons in the region.
11/19/2013
The index revealed 55% of this demographic lacked a clear investment strategy, despite having "the biggest scope for wealth creation".