01/10/2020
Wealth managers record strongest year of the decade
Wealth managers registered their strongest annual return of the decade in 2019 as the bull market proved it still had legs.
Wealth and Asset Management
01/10/2020
Mercer Acquires Another Wealth Management Practice
The company now has around 400 employees overseeing more than $18 billion from 47 offices around the country.
01/10/2020
Quilter scores £800m more in assets with fresh advisory takeover
Prescient was founded by managing director Chris Woodhams, who will retire following the deal.
01/09/2020
Zedra swoops on BNP Paribas Singapore Trust
The deal will add to ZEDRA’s existing headcount of over 550 industry experts across 13 countries
01/09/2020
Private Wealth Systems Selected as a Finalist for Global FinTech Challenge
Selection was based on Private Wealth Systems' revolutionary approach to eliminating friction of information and action across private finance
01/09/2020
Development in disclosed legal case – Julius Baer continues to contest the claim
The Bank continues to contest the claim vigorously while taking appropriate measures to defend its interests.
01/09/2020
AMP maps new wealth structure
Replying to a question no notice from the House of Representatives Standing Committee on Economics
01/09/2020
Brewin Dolphin to Open Gatwick Office
Brewin Dolphin has closed its Reigate office and the employees from Reigate will re-locate to Gatwick and will continue to look after existing clients and offer financial planning and investment management advice to new clients in Surrey, East and West Su
01/09/2020
Wealth manager on acquisition hunt buys London IFA
Lumin Wealth made its first acquisition in April last year when it bought financial planning firm Hyperion.
01/09/2020
Rathbone Brothers reports surge in funds under management
The Investment Management business was up 11.7% from £38.5 billion at December, 31 2018, while the Unit Trusts business stands at £7.4 billion, up 32.1% from £5.6 billion at December 31, 2018.
01/09/2020
UBS deepens ties between wealth unit and investment bank
On Tuesday the Swiss bank told staff it would be giving its wealth management clients better access to the capabilities of its investment bank
01/09/2020
Liontrust AUM hits £19bn with boost from Neptune deal
Ions said the funds managed by the sustainable investment team continue to experience strong flows, with its AUM increasing to more than £5bn.
01/09/2020
SJP graduates launch Aberdeen wealth business
Two St James’s Place advisers have launched a new representative office of the firm in Aberdeen.
01/09/2020
JPMorgan Is On a Hiring Binge
Recruiters, however, don’t think Chase’s hiring spree is siphoning away the FAs whom the traditional brokerages, independents, regionals, and major wirehouses, want to recruit.
01/08/2020
Fulcrum Asset Management launches Fulcrum Risk Premia Fund (UCITS)
The launch of the Luxemburg-domiciled UCITS vehicle is the culmination of over two years of in-depth research following over a decade of actual investing in alternative risk premia.
01/08/2020
UBS Private Bank: Winners and Losers
The family office business has been the subject of much back and forth: briefly housed in the investment bank, it is frequently fraught with internal politics over revenue-splitting with the securities unit.
01/08/2020
Goldman Creates New Consumer & Wealth Sector
Under the new reporting structure, the investment management division has been renamed asset management and will exclude wealth management and most lending revenue.
01/08/2020
UK wealth manager makes second acquisition
Firm says it will continue to pursue more deals in 2020 and is already being approached
01/08/2020
Investec to accept search indemnity insurance on HNW deals
In uncertain times such as these, the ability to move quickly is critical, particularly for HNW clients.
01/08/2020
deVere Europe backs Rainbow Trust in new charity alliance
The consequences of the situation can ripple throughout the family. And this is where the incredible, life-enhancing work of Rainbow Trust comes in.