08/07/2019
UBS to charge HNW clients for accounts above 500,000 euros
Passing on negative rates to wealthy individuals is a trend that is now extending to euros, as central bankers prepare new stimulus plans to reboot global growth.
Wealth and Asset Management
08/07/2019
£8.5 billion inheritance skipping a generation every year
As a result, despite ONS data showing the age people inherit family wealth is between 55 to 64 years, many younger relatives are benefiting from a financial legacy earlier
08/07/2019
CBA ends aligned advice amid profit plunge in private banking
Average funds under administration of A$149bn were 5% higher than last year.
08/07/2019
Canaccord Genuity Reports First Quarter Fiscal 2020 Results
Excluding significant items, first quarter earnings per common share of $0.23
08/06/2019
Time for banks to come to the philanthropy party
The one constant for any researcher is the difficulty in obtaining information.
08/06/2019
UBS not the last to charge wealthy clients negative interest rates
As negative rates become more entrenched, Swiss banks are having to shield profits
08/06/2019
Oppenheimer Financial Advisor Christopher Lazos Named To 2019 Forbes Top 250 Next-Gen Wealth Advisor List
Chris is paving the way for future Financial Advisors with his commitment to providing his clients with exceptional service.
08/06/2019
Sentinel Trust named Houston's Top Wealth Management Firm for fourth consecutive year
Sentinel Trust would also like to congratulate the other Houston-area firms that made the list this year.
08/06/2019
Asia Wealth Group Holdings Ltd - Audited Results to 28 February 2019
The Board remains focused on further acquisitions and partnerships in Europe and the Americas as well as the south-east Asian region.
08/06/2019
Is intergenerational wealth on the decline amid changing values and technological advancement?
The firm’s previous research report, ‘Four Pillars of Capital for the Twenty First Century’ (2015), found that a family’s tangible assets are just one part of a broader legacy.
08/06/2019
HSBC Reverses Swiss Losses
The result represents the first profit from HSBC in Switzerland in five years following a torrid period of crises.
08/05/2019
Revealed: The shortlists for the UK Platform Awards 2019
Adviser awards shortlists revealed
08/05/2019
HSBC first-half profit rises 16%, announces $1 billion buyback
Europe’s biggest bank by assets reported a pretax profit for the first six months of $12.41 billion, up from $10.71 billion in the same period a year earlier.
08/05/2019
Quilter warns on client outflows as £600m follows exiting managers
Quilter Cheviot clients redeemed more than £600 million in the first half as they followed a number of departing wealth managers out of the door
08/05/2019
Barclays reins in bonuses in push to hit profit target
Bank sets aside 23% less for awards in first half as chief Jes Staley squeezes pay
08/05/2019
Quilter sells life assurance business
Quilter Cheviot clients redeemed more than £600 million in the first half as they followed a number of departing wealth managers out of the door
08/05/2019
UBS AM among firms with highest women fund manager turnover rates
Pictet has similar turnover rates for men and women
08/05/2019
7IM boosts assets and profits in latest full year results
In December 2018, the majority of Tcam's clients and assets migrated to the LLP.
08/05/2019
Lord Rothschild’s RIT Capital reports £3bn net assets and NAV growth
The Company stressed a diverse and cautious approach to portfolio management, based on a capital preservative approach with strong focus on gold.
08/04/2019
Secret dossier leaks St James’s Place sales tactics
Internal documents lay bare how reps with Britain’s biggest financial adviser are able to play down its charges