08/29/2024
U.S. has more 401(k) millionaires than ever, report shows
Nearly 399,000 Americans also have a least $1 million in an individual retirement account.
Wealth and Asset Management
08/28/2024
Dubai-based Hoxton Capital Management rebrands to Hoxton Wealth
Since Hoxton’s inception in 2018 it has committed to being a more wealth tech-focused and less ‘pen, paper and pinstripes’ advisory model
08/28/2024
Nomura Is Hiring Wealth Managers After Years of Staff Overhaul
The division that generates a quarter of revenue at Japan’s biggest brokerage is past an era of reducing staff and is now keen to recruit mid-career talent
08/28/2024
BCGE: Restructuring the Group’s front-office activities
The BCGE Group’s front-office divisions are being restructured to strengthen their positioning vis-à-vis the Bank’s various client segments.
08/28/2024
The latest move: EFG Harris Allday joins 103 Colmore Row
Earlier this month, the EFG Harris Allday team relocated to a new, state-of-the-art location in the heart of the business district at 103 Colmore Row, Birmingham.
08/28/2024
Laurent Gagnebin: “There is some movement in the banking sector”
A comparison is relatively difficult because we had special effects last year due to the takeover of Bank Pâris Bertrand.
08/28/2024
LLB Invest merges multi-asset funds
Both the discontinued fund and the absorbing fund are managed by Wolfgang Matejka.
08/28/2024
Rothschild & Co Zurich’s profits decline on lower interest income
The bank has reported a year-on-year drop of 20% in gross profit while assets under management rose to CHF 33.9bn.
08/27/2024
Barclays to shut wealth management services in 130 countries
Barclays announced plans in April to restructure its wealth business
08/27/2024
LLB Group with further increase in profit
The bank group again increased its profit.
08/27/2024
Former Credit Suisse Marketing Chief Reemerges
He received several awards for his ability to create an emotional connection to what are often considered «dry» financial products.
08/27/2024
HSBC looks to double UK wealth business as banks target 'mass affluent'
Big banks have traditionally shunned the mass affluent
08/27/2024
Wealth management & taxes: planning for financial prosperity
Working with an advisor and proactively investing in wealth management tax strategies could substantially lower how much you and your family members owe.
08/27/2024
BancaStato Group Half-Year Financial Results 2024
After an unrepeatable 2023, the operating result falls by 16.0% and reaches 85.7 million, still double that of 2022.
08/27/2024
Mark Tibergien Recognized with Lifetime Achievement Award at the 2024 Wealth Management Industry Awards
Tibergien will be presented the lifetime achievement award at the upcoming Wealth Management Industry Awards celebration
08/27/2024
Four UBS advisors in the Philadelphia D.C. Wealth Management Market named to the Forbes Top Next-Gen Wealth Advisors Best-in-State List
Developing the next generation of financial advisors is a top priority for our team
08/27/2024
From Geneva to Dubai: Lombard Odier shares its private banking ambitions in the Middle East
Malik is based in the gate building of the Dubai International Financial Centre.
08/27/2024
St James’s Place: UK’s largest wealth manager kicks off share buyback
St James’s Place also announced it had taken in £1.9bn in new client money over the period, above the £1.3bn expected by analysts.
08/27/2024
Tatton launches joint DFM ventures with two IFAs for first time
Two advice firms have created joint DFM ventures with MPS provider Tatton, with all parties benefiting from discretionary management fees.
08/27/2024
Martin Schilling: «The Redistribution of CS Funds is Yet to Come»
Against this backdrop, he expects that in a few years there will be only about 60 wealth management banks, as he further notes in the interview with finews.tv.