10/18/2021
IWP to launch direct advice arm with latest acquisition
This service will be provided directly to clients as opposed to through IWP's local firms and advisers.
Wealth and Asset Management
10/18/2021
Roche Heir Declares Philanthropy Dead
Philanthropy represents one of the most dynamic parts of finance that banks hope to parlay into business with the wealthy.
10/18/2021
Equity returns will become more difficult to achieve: EdR PB CIO
Lars Kalbreier expects the global economy to continue to grow and the reduction of monetary stimulus by central banks to be gradual.
10/17/2021
Webinar: a new phase in global growth by Schroders
We expect economic activity to remain strong, even if the pace of growth is slowing. Corporate spending is set to fuel the next stage of the expansion.
10/17/2021
Swiss bank UBS closing brokerage business in Mexico -sources
UBS noted it hired Gustavo Galvan-Duque early this year as head of Wealth Management for Mexico and would keep looking for "local talent."
10/16/2021
Becoming an 'Accredited Investor' is Finally About More Than Being Rich
The new language extends qualification in a broad sweep to include those who can demonstrate something ultimately much more valuable than the sum of their personal assets.
10/15/2021
Deutsche Bank extends its partnership with Frieze
Shared global vision to promote diversity in emerging contemporary art
10/15/2021
Hargreaves Lansdown assets grow but less volume hits revenue
The largest growth was seen in HL's Fund assets, growing to GBP67.8 billion from GBP66.6 billion over the quarter.
10/15/2021
The changing landscape of independent wealth management
When you are important to an asset management company, rather than just another wealth manager, that’s when you can create the best results.
10/15/2021
Sotheby's Alumni Launch Asia-Focused Art Advisory
Sotheby's former chief operating officer Chinn will handle the company’s business and legal operations
10/15/2021
Hong Kong Fund Manager Expands Asia Footprint
One Heritage Capital Singapore will be led by a leadership team of experienced professionals in private banking, including founder Joe Hui
10/15/2021
Baloise to list Swiss property fund on Six
The Baloise Swiss Property fund will start trading on Six as of 1 November.
10/15/2021
U.S. banks see wealth management boom on borrowing, new assets
That has increased demand for money managers, increased the value of assets managed by these brokerages, and made it more appealing for customers to borrow.
10/15/2021
Goldman Sachs crushes analysts’ estimates on strong investment banking and trading results
Revenue: $13.61 billion vs. $11.68 billion consensus estimate.
10/14/2021
How to build dependable diversification with private assets
Institutional investors have caught on to the diversifying power of private assets, but is there even more to it than meets the eye?
10/14/2021
Monex to launch wealth management services
Monex has been offering in-person consultation to its customers through independent financial advisors.
10/14/2021
Private Banking vs. Wealth Management
Between wealth management and private banking, the former tends to be more of an individualized service that aims to help clients with their portfolios
10/14/2021
SIX partners up with NOVERAS and Investment Navigator
SIX worked with market-leading partners NOVERAS and Investment Navigator to develop their new service Tax on Instrument.
10/14/2021
Brooks Macdonald: Quarterly Announcement of Funds under Management
This reflected continued positive net flows, in line with the guidance given at the annual results in September, and strong investment performance.
10/14/2021
Merrill Lynch is bringing in a wave of changes for its storied 'thundering herd' of financial advisors
Efforts include Merrill's 'Project Thunder' campaign and an overhaul of the firm's training program.