Managers of Wealth

The collapse of American wealth, in one chart

A great deal of the drop came from the collapse of housing wealth after the bubble burst — median home equity dropped 42 percent between 2007 and 2010.

Bankers Launch Innovative Retreat for Burned Out Executives

The Legacy Process provides coaching and runs a week-long residential Legacy Retreat held in the bucolic environs of the Mornington Peninsula, Australia.

UAE-based Wealth Management company opens Switzerland office

Having been in the financial services industry for over 7 years and previously in charge of Geneva for Guardian Wealth Management, Aaron Pacitti is well placed to take on the role of Senior Vice President at Globaleye SARL.

Financial Advisory Team Leaves Morgan Stanley Smith Barney

The team at Adams Wealth Advisors has over 35 years of experience in the financial services industry and is confident in the positive outcomes that will arise from this move.

Walker Crips profit dips

Net revenue (gross profit) down 2.8% to £14.57 million (2011: £14.99 million)

China's wealth management industry has bright future

The wealth management industry has huge potential in China, but it needs to learn from international experience, China's top securities regulator said recently.

Swiss Wealth Management Boutique Wins "Most Progressive Private Bank Switzerland 2012" Award

"This recognition reinforces and renews our commitment and dedication to growing our business and brand awareness as a leading provider of exclusive tailor-made wealth management services, thus building on our emerging markets expertise and the solid

Wealth managers are going to have to know their clients better

They are also going to have to “know their clients” better than in the past and demonstrate suitability more rigorously than they may be used to.

New Approach to Portfolio Construction Required, say UK Financial Advisers - study

Against the backdrop of volatile markets, seven in ten advisers (71%) say the majority of their clients are conflicted between pursuing return and protecting capital. Advisers, recognising their clients' anxiety and the need for more durable portfoli

Reyl & Cie appoints senior manager for French wealth market ‎

With considerable experience in wealth management and extensive knowledge of US equity markets she will continue to develop Reyl France’s advisory service for investment in unlisted companies.

Revealed: Saudi royals' secret $1bn US empire

A secret $1bn US property empire amassed by members of the Saudi royal family is the subject of a bitter legal dispute that threatens to reveal the extent of the family's American business interests.

Kuwait leads in private wealth booked offshore

In terms of proportion of $100 million-plus, ultra-high-net-worth (UHNW) households, Kuwait and Qatar each had 6 UHNW households per 100,000 households, while the UAE had 4 UHNW households per 100,000 households.

Growth in Philippines wealth management industry

The Philippine financial and economic managers seek ways and innovations to provide impetus for growth and open more opportunities in the fledgling wealth management sector.

Regulations in Asia possibly preventing 20-25% growth in wealth management industry

Asia leads the way for growth and drives growth for other countries said Steven Crosby of PwC New York during a recent presentation in the Cayman Islands.

Champagne investors see big bucks in fizz

The British public's thirst for champagne – both to drink and as an investment – has fizzed to record levels, spurred by the Diamond Jubilee and the anticipation of the Olympic Games.

Credit Suisse seeking private banking deals

Credit Suisse has otherwise been relatively quiet on the private banking deal front.

Finma’s Branson Sees Swiss Private Bank Mergers

Switzerland will probably end up with fewer small banks as rules become stricter about accepting new funds and checking clients’ tax compliance, the newspaper cited Branson as saying.

New Sebi rules for pooled investments meant for HNIs

As an HNI you may search for unique investment opportunities through structures, hedge funds or specific private equity (PE) funds. The new regulations mean that you can take that extra risk knowing that there is a framework that guides the manager and a

Sulaiman Al-Rajhi’s life a rags to riches story

Al-Rajhi is a billionaire who chose last year to become a poor man at his own will without having any cash or real estates or stocks that he owned earlier.

Latest UBS move seen as sign Americas unit won't be sold

Although the move itself isn't earth-shattering news, the action represents yet another signal that the bank has no intention of selling its U.S. operation, according to Alois Pirker, research director for consultant Aite Group LLC.

Wealth and Asset Management