07/16/2021
PE firm makes double acquisition to create UK wealth manager
The acquisitions are expected to complete shortly
Wealth and Asset Management
07/16/2021
Merrill’s Sieg Nods to ‘Competitive’ Attrition Issue in Call with Brokers
The remarks came as attrition of experienced brokers rose to around 5% in the second quarter from an average of around 4% that executives had cited in prior quarters.
07/16/2021
Nick Train backs M&A-driven UK wealth sector for growth and to bolster FGT
Wealth management is a long-term portfolio theme for FGT
07/15/2021
GAM Almost Out of the Red
The company may have benefited from an extraordinarily good environment for the asset management business.
07/15/2021
Precious metals house of the year: Credit Suisse
Energy Risk Awards 2021: Precious metals team's outstanding 2020 underpinned by bank's consolidation move
07/15/2021
Allworth Financial acquires wealth management firm
The agreement marks Allworth’s 9th office location in Northern California
07/15/2021
Jefferies and SMBC Announce Strategic Alliance
Jefferies and SMBC Group to Collaborate on Future Business Opportunities to Enhance Value to Their Clients and Accelerate Strategic Initiatives
07/15/2021
«Christl» Delivers for UBS
UBS Europe would certainly have been to her taste when she took the helm in 2019
07/15/2021
LGT acquires stake in digital wealth manager
LGT has agreed to acquire a strategic minority stake in LIQID.
07/15/2021
Brooks Macdonald's 4Q Funds Under Management Hit Record
The Group had a positive fourth quarter, benefiting from its strong client and intermediary relationships combined with continued robust investment performance.
07/15/2021
Gresham House assets grow steadily as ESG appetite endures
Gresham’s half year performance represented good progress towards delivering its commitment to achieve more than £6bn in assets under management by 2025
07/15/2021
W.H. Ireland Swung to Pretax Profit for FY 2021
The profit was driven by strong performance from its capital-markets division
07/15/2021
Goldman Sachs Asset Management Announces Launch of Goldman Sachs Future Planet Equity Exchange Traded Fund
Goldman Sachs intends to invest in the Fund alongside its clients.
07/15/2021
Top 4 WealthTech companies transforming the European market
The startup was founded in 2018 in Leuven by an experienced team of bankers, computer scientists and product designers.
07/15/2021
UBS Advisor Wendy Spinner Recognized for Local Philanthropic Work by Invest in Others
It’s truly gratifying to see her acknowledged for her long-standing dedication to the communities she serves.
07/15/2021
Morgan Stanley wealth unit revenues offset trading slowdown
Wall Street bank benefited from higher fees in second quarter
07/15/2021
Goldman Sachs and JP Morgan report bumper second-quarter profits
Investment banking arms of two Wall Street firms benefit from global glut of mergers and acquisitions
07/14/2021
Quilter Financial Advisers announces new corporate partnership
The partnership will enable Quilter Financial Advisers to deliver financial wellbeing and advice services to all of Circles’ clients and their employees as part of their wellbeing services.
07/14/2021
More Calls for Change at Credit Suisse
oody’s raised the outlook for both ratings to stable from negative.
07/14/2021
Liontrust AUM up 8.5% as net flows reach £1bn
The update comes weeks after the firm pulled the initial public offering (IPO) of its sustainable investment trust after a lack of interest.