07/26/2022
Exploring Upstream Wealth Transfer
Three questions to ask clients considering “upstream” or “horizontal” wealth transfers.
Wealth and Asset Management
07/26/2022
Further growth in the first half of 2022 - Freiburger Kantonalbank
This result confirms the strategy and underlines the solid market position of FKB.
07/26/2022
Atria Welcomes $252 Million Practice
Spokane, WA-based Forster Financial Joins Atria's Cadaret Grant
07/26/2022
SJP focuses on academy talent as it looks to plug advice gap
Payne pointed out that a goal of the academy is to help plug the advice gap, and that in the past few years advances in technology
07/25/2022
Zurich forays into Italian advice market
Following acquisition of Deutsche Bank’s advisory network in the country
07/25/2022
UK firm gets £3m from Santander to fund wealth acquisition spree
It aims to buy businesses across the north of England and London
07/25/2022
Presentation of the 2022 half-year results for the Julius Baer Group
In the first half of 2022, assets under management declined by CHF 54 billion (11%) to CHF 428 billion.
07/25/2022
LGT Expands External Asset Managers Business
LGT’s international team has won considerable assets since in 2019 expanding its offering out of Liechtenstein for international intermediaries.
07/25/2022
Credit Suisse wants to put the brakes on costs
The cost structure is too large for the bank's revenue potential," the source said.
07/25/2022
Bank consortium around UBS suffers loss with bridge loan
But with the market turbulence of recent months, the liabilities assumed in such deals have often proved to be a boomerang for banks.
07/25/2022
Hawksmoor parent company buys wealth and asset management group
Deal takes AuA/M to nearly £8bn
07/25/2022
UBS and Credit Suisse Overshadowed by Smaller Rival
EFG International, which is also listed, already seems to have confirmed this perception, reporting a decline in profit on Thursday.
07/25/2022
BNP Paribas guns for growth in wealth management and sustainable investments
The bank’s 2025 strategic plan aims to direct investments towards supporting a more sustainable economy
07/25/2022
Crescent Pine Family Office Group is Latest Team Choosing Partnered Independence with Sanctuary Wealth
Joining from Fieldpoint Private, team manages $230 million in client assets and expands Sanctuary presence in NY Metro region
07/22/2022
Fifth Third Private Bank Recognized as Best for High Net Worth Clients
The Global Private Banking Innovation Awards 2022 identify and celebrate the world’s preeminent Private Banks, Family Offices and Wealth Managers.
07/22/2022
U.S. inflation hits 9% and Everything is fine right?
The US 10-year government bond yield fell 8 basis points, suggesting that the market believes the Fed is in control of inflation.
07/22/2022
Altus: Modern Darwinism in wealth management
No one said change was easy. But to survive, and to prosper, it is necessary.
07/22/2022
Julius Baer to cease charging clients negative interest rates
In a persistent negative interest rate environment, Julius Baer has been applying negative interest rates to client cash holdings in these currencies.
07/22/2022
Schaffhauser Kantonalbank with declining customer deposits
The bottom line is that Schaffhauser Kantonalbank achieved a 2.2 percent increase in profit of CHF 23.8 million in the first six months of 2022.
07/22/2022
Second half funds: Nine wealth managers' top plays
Nine readers tell us which funds are high up on their second half hit lists.