08/05/2021
Reyl buys stake in Geneva WM
The wealth manager’s co-founders, Olivier Bizon, Paul Kohler, Aksel Azrac and Jacques-Antoine Ormond, will retain the remaining 60%.
Wealth and Asset Management
08/05/2021
Wealth Enhancement Group Acquires Serafini Financial Group, a Hybrid RIA Based in Maryland with $853 Million in Client Assets
Fast-Growing Wealth Management Firm's Latest Acquisition Expands its Presence in the Baltimore-Washington D.C. Region and Brings its Total Assets to More Than $39 Billion
08/05/2021
J.P. Morgan Asset Management joins The Big Exchange
From the start of 2021, impact investment funds have grown 270 per cent topping GBP7.1bn, with one in three consumers since the start of the pandemic, ranking sustainability within their top three buying criteria.
08/05/2021
Investec shortlisted for key Citywealth industry awards
The winners are those judged to have excelled in achievement, innovation, expertise, and service.
08/05/2021
Asia Wealth Group on acquisitions hunt after revenue growth
Asia-focused investor in wealth management businesses - Posts
08/05/2021
New solution to facilitate wealth managers investing into Mercer Private Markets Solutions
Mercer’s private markets solutions are designed to offer investors access to a wide spectrum of asset classes including private equity, private debt, infrastructure, real estate and sustainable themed opportunities.
08/05/2021
Transaction fees coming down; execution services nearly zero, says IIFL Wealth
“Both wealth management and asset management, fortunately for us, have a large tailwind for the next 2-5-10 years and both will continue to grow."
08/05/2021
Noah Holdings' Outlook Upgraded to Stable by S&P Global Ratings; Investment Grade "BBB-" Rating Affirmed
The stable outlook also reflects reduced litigation risk associated with Camsing incident," stated S&P in its research update.
08/05/2021
Fieldpoint Private Named ‘Best Private Bank’
Global Private Banker and The Digital Banker Recognize Firm as ‘Best Private Bank for Ultra High Net Worth Clients’
08/05/2021
Adviser support group acquires Yorkshire-based wealth firm
Deal adds over £100m in assets under management to the business
08/05/2021
Credit Suisse May Have Learned the Wrong Lesson
It says it is reviewing risk governance and reporting, reducing risk thresholds, recruiting additional risk resources, cutting risk-weighted assets in prime services, and shrinking risk appetite across the group.
08/05/2021
JPMorgan Launches In-House Bitcoin Fund for Private Bank Clients
The mega-bank has started pitching Private Bank clients on a passive bitcoin fund in partnership with NYDIG.
08/04/2021
Canaccord revenue climbs almost 40 per cent as M&A advisory fees surge
Excluding significant items, first quarter earnings per common share of $0.73 (1)
08/04/2021
Morgan Stanley Investment Management Raises $1.6 billion for North Haven Credit Partners III
The Fund, managed by the Morgan Stanley Private Credit team, will focus primarily on junior capital investments in private North American businesses including 2nd lien debt, mezzanine debt, preferred equity and special situations.
08/04/2021
$300 Million Wealth Management Practice Joining Cetera Network
Brumbaugh Wealth Management affiliating with Cetera through AdvisorNet Financial
08/04/2021
To infinity and beyond! Ocorian join space race to support successful Seraphim Space Investment Trust IPO
The fund gives investors unparalleled access to companies looking to harness the infinite potential of space to help solve some of the world's most pressing problems.
08/04/2021
Credit Suisse To Up Junior Bankers' Pay: Report
Salaries would rise to $105,000 for second years and $110,000 for those in their third year.
08/04/2021
TISE welcomes global private wealth and professional services provider as Member
This aligns very well with our plans to continue to diversify our products and markets as we execute our strategy in the coming years.
08/04/2021
GAM profits up
We are seeing an encouraging level of client interest reflecting our strong investment performance
08/04/2021
Schroders Model Portfolios continues to expand distribution reach across two additional UK platforms
Our recent UK Financial Adviser Pulse Survey indicated that the top factor considered when selecting a Model Portfolio Service was performance