05/06/2022
BofA's Ultra Wealthy Clients Soar
The number of new clients with $10 million or more in assets added in 2021 was up 40% over 2020 and 49% over 2019, Barron's reports.
Wealth and Asset Management
05/05/2022
AMP Limited provides Q1 22 AUM
Majority of flows were sourced from customer deposits, in line with the Bank’s objective to further strengthen its liquidity.
05/05/2022
PIMFA Launches 'PIMFA Wealthtech' Supported by Morningstar
The new initiative will also address the role of technology in supporting industry trends
05/05/2022
St James’s Place partner firm eyes Scotland
As it believes Highlands are a ‘massive untapped opportunity’ in the advice sector
05/05/2022
BMO Wealth Management Appoints Leaders for BMO Private Wealth Canada
Meghan Meger and Geoff Newton appointed Co-Heads of BMO Private Wealth Canada
05/05/2022
UBS Advisors Named to Barron’s Top 1,200 Financial Advisors List
The Barron’s Top 1,200 Financial Advisors list draws from data provided by around 6,000 of the nation's most productive advisors.
05/05/2022
T. Rowe, Schwab Say Times Call For Changing Investing Approaches
Most portfolios can have a place for investments with both active and passive management
05/05/2022
Fairstone adds £135mn with Cumbria IFA purchase
The deal brings more than 1,700 clients to the group, as well as 10 advisers and staff.
05/05/2022
Credit Suisse Supertrends: outperformed in 2021 transcending business cycles and volatility
Five years after their launch, Credit Suisse’s Supertrends continue to focus on long-term and multi-year societal trends that should lead to fast-growing business opportunities.
05/05/2022
Ultra-Rich Investors Flock to Bank of America’s Wealth Management Businesses
“It’s not just a Florida story or just a Silicon Valley story, it’s growth in the business around the U.S. reflecting broad trends in the ultra-high-net-worth market.”
05/05/2022
Rathbones announces Q1 2022 results
Rathbones remains focused on delivering the strategic plans we set out at our full-year results
05/05/2022
Cardea Group strengthens market position through acquisition of Olympia Wealth Management
With this acquisition, Cardea is accelerating its already established growth path and further leveraging synergies within the group.
05/05/2022
Credit Suisse froze $10.6 billion worth of sanctioned assets in Q1
The bank also said Russian clients now held less than 4% of assets under management in its wealth management businesses.
05/05/2022
Pictet AM to partner with natural capital research programme
It will work alongside consortium members including the UN Principles for Responsible Investment and Stanford University.
05/04/2022
Swiss Banking Law Comes Under UN Criticism
Under Swiss banking law, disclosure of certain bank data is punishable by heavy fines or even imprisonment, regardless of whether the data is in the public interest.
05/04/2022
UK Wealth Management: Spotlight on Value Creation
This layer includes the spectrum of wealth managers
05/04/2022
Monthly market review: April showers
After a dismal first quarter of the year, the month of April only saw equity markets volatility increase / continue and proved to be the worst month for a bond/stock portfolio in over two decades. Here are 10 stories to remember from an eventful month.
05/04/2022
RBC Wealth Management Reshuffles Asia Leadership
Reed will be succeeded by North Asia head of private banking Nick Chan who will take on a broader remit to lead RBC Wealth Management's sales and relationship teams across Hong Kong and Singapore.
05/04/2022
L.E.K. puts Spotlight on Value Creation in UK Wealth Management Industry
The industry remains in a state of flux and business models continue to evolve
05/04/2022
Revisiting the most relevant wealth investment vehicles
Mrs Krabbs, a seasoned businesswoman, fired a key question, the one relating to taxation and any potential exemption.