11/24/2021
Weatherbys named Private Bank of the Year
The Spear’s Wealth Management Awards celebrate excellence in the private client world and have been running for more than 10 years.
Wealth and Asset Management
11/24/2021
Lombard Odier named Private Bank of the Year 2021
This award recognises a bank with an “unmatched capability to serve clients with cross-border needs,” that has delivered outstanding service and performance over the year.
11/23/2021
UBS will find plentiful opportunities in US digital wealth management push
Digital wealth management targeted at the mass affluent market is projected to be the fastest-growing segment at an annual rate of 16.8% over the same period.
11/23/2021
Blackstone Announces $5.6 Billion Final Close of Second GP Stakes Fund
This is a strong recognition of Blackstone’s unique value proposition in the GP Stakes market and the rigorous approach our team brings to identifying and investing behind great firms.
11/23/2021
UBS Puts Some U.S. Bankers in «Penalty Box»
Specifically, U.S. brokerage chief Jason Chandler is scotching a net new asset award as well as consolidating bonus for seniority with UBS into its core payout grid.
11/23/2021
Setting up in Denmark
The country offers a clear regulatory framework, accessible regulators, and a transparent and effective legal system.
11/23/2021
UK wealth firm makes eighth M&A deal of 2021
It adds £55m AUM to the group
11/23/2021
Waverton retains five-star rating at the Financial Adviser Service Awards 2021
The awards are now in their 31st year
11/22/2021
Barometer: The investment landscape in 2022
While bonds will suffer as rates rise, equities should deliver decent single digit gains as strong corporate profits offset a decline in stocks' earnings multiples.
11/22/2021
UBS Puts Some U.S. Bankers in «Penalty Box»
Specifically, U.S. brokerage chief Jason Chandler is scotching a net new asset award as well as consolidating bonus for seniority with UBS into its core payout grid.
11/22/2021
Wealth manager rolls out responsible investment hub for advisers
In a bid to ‘open up conversations’ around the strategy
11/22/2021
Julius Baer Profits Rise
Sustained improvement in gross margin contribution from recurring fee income – Seasonal slowdown in client activity – Solid net inflows – Capital position remains strong – Return on capital continues to be among highest in sector
11/22/2021
VP Banks Signals More Expansion with New Hong Kong Office
This office space, which comprises our own floor, allows us to accommodate more than double our headcount.
11/22/2021
Vistra completes acquisition of Newhaven
This transaction further solidifies Vistra’s global position as a leading corporate service provider and fund administrator.
11/22/2021
Quilter Cheviot enhances MPS range with launch of ‘Building Blocks’ funds
Quilter Cheviot has enhanced its Managed Portfolio Service with the launch of eight new ‘Building Blocks’ funds.
11/19/2021
Local Banks Gain As Credit Suisse Sucks in Subsidiary
When Credit Suisse closed 14 branches of its subsidiary bank Neue Aargauer Bank (NAB) and four Credit Suisse branches in Aargau last year, many clients took the opportunity to switch to competitors.
11/19/2021
Schroders CEO sets focus on advice
Schroders already runs a joint advice venture with Lloyds, Schroders Personal Wealth, and owns a controlling stake in advice business Benchmark Capital.
11/19/2021
Financial services group in talks to buy French private bank
Acquirer ‘aims to grow significantly’ in the wealth market
11/19/2021
Tatton Asset Management first-half profit rises; upgrades annual guidance
Assets under management rose by a fifth to £10.8 billion and organic net inflows amounted to £652 million.
11/19/2021
UBS Adjusts Advisor Compensation Plan to Reward Teams, Encourage Loyalty
UBS’s updated compensation grid incorporates just two factors: advisors’ trailing-12-month revenue production and their length of service at UBS.