01/19/2023
Why advisers fear intergenerational wealth transfers
Most advisers in the UK now fear they will lose business when wealth is transferred between generations.
Wealth and Asset Management
01/19/2023
UBS ‘Bucking the Trend’ in Wealth, Asset Mgmt Hiring, CEO Says
Ralph Hamers told Bloomberg that the company is “not in retrenchment mode.”
01/19/2023
Wells Fargo stems steep advisor losses after a massive outflow
The slight reversal of a years-long trend toward shrinking headcounts highlighted a very profitable year for the company's wealth arm, which is benefiting from rising interest rates.
01/19/2023
Swiss Bank EFG Plans Asia Wealth Expansion With Boris Collardi
Firm has several hundred million Swiss francs for deals
01/19/2023
Bank Nagelmackers partners with Objectway to implement their new private client offering
Focused on delivering premium private banking services, Nagelmackers provides clients with a digital native service and investment experience, building on Objectway Suite to underpin its digital transformation.
01/19/2023
Morgan Stanley investment banking slump overshadows wealth management growth
Despite reductions in revenues overall, the bank also reported positive earnings in fixed income, with revenues up 15% to $1.4 billion in Q4 compared with 2021.
01/19/2023
Outflows hamper Liontrust AUMA growth
Asset manager’s investments performed well, but investor sentiment remained cautious
01/19/2023
Long-run asset class performance: 30-year return forecasts (2023–52)
This year in our long-term performance forecasts, which incorporate the impact of climate change, we expect higher returns across different asset classes in both real and nominal terms.
01/19/2023
AJ Bell inflows down 25%
New chief executive at AJ Bell, Michael Summersgill, credited the platform provider’s “dual-channel business model” for the latest growth.
01/19/2023
Credit Suisse set to pay upfront cash bonus to senior employees
The deadline to sign up for the upfront payment is 30 January.
01/19/2023
Credit Suisse cautiously optimistic as mainland investors back China reopening, foreign funds unsure
Hong Kong will remain a gateway to China’s markets, will have a ‘very profound and robust future’
01/19/2023
Credit Suisse: «We Received Many Love Letters»
Most importantly, Credit Suisse was able to defend its leading position in the Swiss business if one follows the bank's interpretation of data from Dealogic.
01/18/2023
RF Bank Purchases Cayman Financial Advisory Business
This new broker arm of the RF Group, which will be rebranded under RF Advisors, will have a team of experienced and qualified financial advisors offering complete financial planning solutions for every aspect of clients’ wealth journey
01/18/2023
Leo Wealth Adds Singapore Office Via Acquisition
In addition, Leo Wealth will also incorporate Jachin Capital’s digital platform, iAdvisor, into its offering to provide clients with access to dynamic, personalized investment portfolios.
01/18/2023
17 J.P. Morgan Teams Selected for Forbes Best-in-State Wealth Management Teams Ranking
The ranking was compiled by SHOOK Research.
01/18/2023
Matthew Burton named one of 50 Most Influential
The 50 individuals listed were selected by judges based on the achievements that potential candidates made over the past 12 months, considered alongside their reputations.
01/18/2023
UK's fund managers post higher assets under management as fund flows improve
After witnessing robust asset growth during the pandemic, fund managers are now struggling with weak investor sentiment, volatile stock markets amid fears over raging inflation and potential recession.
01/18/2023
Liverpool adviser sells business to Evelyn Partners
Gavin Tansey is the latest to join Evelyn’s adviser partnership programme.
01/18/2023
Liontrust Income Fund Q4 2022 review
Global financial markets were more settled during the last quarter after the turmoil seen throughout most of the year.
01/18/2023
The appeal of wealth planning amid increasing mobility
Besides avoiding physical harm and financial losses, the reasons for such relocation range from professional opportunities and business expansion to family requirements or access to a better healthcare system.