04/21/2023
Julius Baer Launches Asia’s First Family Wealth Planning Certificate Programme for its clients
This programme aims to equip its clients in Asia with the skills necessary to better navigate cross-generational transitions.
Wealth and Asset Management
04/21/2023
Rothschild & Co, HEC Paris and the HEC Foundation team up to develop sustainable finance
Their goal is to develop research into impact finance and support the collective effort to promote the ecological transition of the global economy.
04/21/2023
Vontobel with stable results for the first quarter of 2023
Due to the economic and geopolitical uncertainties, the investment environment remains challenging for our customers and therefore also for us.
04/21/2023
Citigroup's Global Wealth Strategy Is Off to a Slow Start, but There Are Signs of Life
One area that management planned to emphasize was global wealth management.
04/21/2023
Broadridge: JPMAM and Blackrock Tied as Top Fund Firms in China
Blackrock maintained its top position but its score fell slightly lower due to a decline in inbound Chinese AUM.
04/20/2023
Higher cash rates conceal risks to long-term wealth growth
Apple this week introduced a new 4.15% yield offer on deposits for its Apple Card business in partnership with Goldman Sachs, with no fees or minimum deposit requirements.
04/20/2023
More First Republic Advisors Jump to Rockefeller, City National Bank
In the latest exodus from troubled First Republic Bank, a 17-member New York team has joined Rockefeller’s global family office, while another advisor goes to City National Bank.
04/20/2023
Irwin Mitchell AM inks Third Financial deal to expand its offerings
IM Asset Management announces deal extenstion with platform
04/20/2023
Morgan Stanley beats estimates as wealth management shines
“We are not in a banking crisis, but we have had, and may still have, a crisis among some banks,” Morgan Stanley CEO James Gorman told analysts on a conference call.
04/20/2023
Credit Suisse and Softbank Square off in London
Credit Suisse accuses Softbank of knowing about Katerra's restructuring in 2020 which, according to documents filed in the US in 2021, made the funds inaccessible to Credit Suisse investors.
04/20/2023
Mattioli Woods acquires Doherty Pension & Investment Consultancy Limited
Based in central Belfast, Doherty’s is one of the largest financial planning practices in Northern Ireland working with over 1,300 clients and with assets under management of circa £625 million.
04/20/2023
What's Behind the ETF Outflows at UBS and Credit Suisse?
In the case of UBS and Credit Suisse, a rising tide did not lift all boats, with UBS ETFs experiencing net outflows of two billion euros, followed by Credit Suisse with Europe's second-largest outflows of 179 million.
04/20/2023
Banque Havilland announces the sale of its institutional banking activities to Banco Inversis
The colleagues working for this business area will be transferred to Inversis, at unchanged conditions and benefits, in the same time frame.
04/19/2023
OWIN 2023: the future of wealth management between growth and sustainability
Customer needs and market trends evolve continuously: innovation is the driving force of adaptation to change and a key ingredient for long-term sustainability and growth”.
04/19/2023
Citi Estimates Post-Takeover Outflows at CS
In the worst-case scenario, the estimated figure could reach one-third, or 162 billion francs, due to cultural differences between UBS and Credit Suisse leading to increased attrition or rivals successfully luring bankers and clients.
04/19/2023
AMP wealth management AUM grows $2bn
The MyNorth platform reported AUM of $62.8 billion, an increase of $1.5 billion compared to the Q4 2022 AUM of $61.3 billion.
04/19/2023
Ping An Asset Management Company statement on HSBC Group Plc
Exited some business lines: Announced exits of some ex-Asia business lines that were underperforming and/or lacked synergies, such as US retail and Canada.
04/19/2023
Deutsche Bank targets Asia’s rich as Credit Suisse clients flee
The lender has been hiring senior wealth executives in Asia, given it is one of the fastest-growing markets.
04/19/2023
Atria Wealth Solutions Announces Acquisition of Independent Wealth Management Firm Grove Point Financial
Purchase of Grove Point Financial brings 400 independent financial professionals with approximately $15 billion of assets under administration to fast-growing Atria Wealth Solutions. Grove Point will maintain its existing clearing and custody relationship
04/19/2023
UBS Advisors Drew Freides and Michael Kanigher Named to the America’s Top Wealth Advisors and Best-In-State Wealth Advisors Lists by Forbes
Drew and Michael are founding members of Mainsail Wealth Partners, one of the largest advisor teams at UBS.