03/18/2025
Phoenix to launch retirement advice service
The pension provider indicates that it will seek to enter the advice market as it looks to ‘leverage the opportunities that the retail market presents’.
Wealth and Asset Management
03/18/2025
Switzerland needs a major international bank
To prevent this from happening again in the future, the Swiss Bank Employees Association is calling for a new penal code for top managers who steer a bank into ruin.
03/18/2025
Corporate loans: How Raiffeisen benefits from the CS exit
The cooperative bank doesn't want to establish its own credit research department – but is keeping a back door open.
03/18/2025
StanChart unlocks new alternative investment opportunities for U/HNWIs
Standard Chartered Global Private Bank is committed to supporting clients with rigorous due diligence, specialised expertise and access to exclusive opportunities in this niche.
03/18/2025
Hampden Bank Moves to New Edinburgh Office and Rebrands
Hampden Bank is set to report continued growth in its 2024 annual results next month and will mark its 10-year anniversary in June.
03/17/2025
Credit Suisse turned down takeover bids one year before collapse
Credit Suisse would have retained a 25% stake, and the new owners would have provided clients with financial products.
03/17/2025
Transforming Wealth Management: How AI and Automation are Reshaping the Industry
Traditional tools such as spreadsheets and disconnected systems often fail to provide a centralized source of truth, leading to reactive rather than proactive decision-making.
03/17/2025
Fairway Group sees eight team members secure Management Development Accreditation
The accreditation is recognised by The Institute of Leadership and Management (ILM).
03/17/2025
Deutsche Bank publishes 2024 Annual Report and confirms outlook for 2025
The Annual Report includes the bank’s Consolidated Financial Statements, the 2024 Compensation Report and management’s outlook for 2025.
03/17/2025
Nomura partners with Hyakujushi Bank to enhance wealth management services
In return, Nomura will send its staff to Hyakujushi and provide the bank with access to its financial platform.
03/17/2025
UBS CEO Sergio Ermotti’s Salary Draws Attention
The remuneration for CEO Sergio Ermotti, in particular, has drawn attention.
03/17/2025
TrinityBridge – the renamed Close Brothers AM business- begins new chapter as an independent wealth manager with £35m investment
A central focus of this investment is the development of a new investment platform, which is being built through strategic partnerships with industry-leading firms.
03/17/2025
Integrated Partners Adds $331M Prout Financial to Network
The Traverse City, Mich.-based advisors will join Integrated’s advisor network while continuing to host their weekly local radio show on financial literacy
03/17/2025
FNEX launches alternatives platform for US wealth managers
With a commitment to elevating client portfolios, the FNEX Alternatives Market empowers wealth managers with tools to access diverse boutique investment strategies
03/17/2025
Summit Financial invests in New Jersey’s Gateway Advisory
Gateway Advisory specialises in investment advice, tax planning, risk management, and wealth transfer planning.
03/17/2025
HSBC, UBS Expanding Wealth Management in India, FT Says, Citing Sources
UBS is looking to buy Indian wealth management company 360 ONE, the FT reports. HSBC said in January that it plans to double its branches in India.
03/14/2025
How To: Explainable AI For Ideal Customer Acquisition In Wealth Management
This is mainly because they use insufficient numbers of signals to determine a fit.
03/14/2025
Ritholtz Wealth Management CEO Josh Brown Invests in FINNY, Joins Advisory Board to Help Scale AI-Powered Organic Growth for Financial Advisors
Brown joins an advisory board that includes industry heavyweights such as Arun Anur, chief operating officer at wealthtech juggernaut Orion.
03/14/2025
She became a billionaire overnight after years as a hospice nurse. Now a philanthropist, she is challenging America’s richest ‘to redistribute’ their wealth
While many say giving away a lot of money is hard, that is not Dageville’s perspective.
03/14/2025
Future IM/Pact welcomes new wealth management partners
The support from Morgans Financial, Evans & Partners, Morgan Stanley and Canaccord Genuity will expand the reach of Future IM/Pact to women and other diverse talent working in the investment advice space.