11/08/2019
Merrill Lynch Sweetens Deal for Retiring Advisors
These big firms want to ensure advisors stay on board until the end of careers and hand off their clients – and the clients’ assets -- to younger colleagues.
Wealth and Asset Management
11/08/2019
Why ultra-high-net-worth clients need a financial cushion
Rather than good or bad debt, Hershcovitch prefers to emphasize “appropriate” debt and whether the HNW family can afford to service it.
11/07/2019
UBS Wealth Co-Chief Khan Sees ‘Quick Win’ in Lending to the Rich
Khan sends first memo on strategy after joining Swiss bank
11/07/2019
Would a Wealth Tax Destroy Itself?
Another big aspect to this, which Irwin doesn’t really address, is how quickly the American economy would generate new zillionaires whose fortunes would be newly subject to the tax.
11/07/2019
Independent Wealth: The Rise Of Bespoke Asset Management Services
External managers have been common in Europe and the US for several decades
11/07/2019
Top 100 financial advisers revealed
It is now based on a larger amount of data than in previous years, so that the final result is based on a truer picture than on just gross sales.
11/07/2019
J. Safra Sarasin renames flagship fund to reflect ESG investment strategy
The name change has no impact on the investment policy of JSS Sustainable Equity
11/07/2019
UBS Survey Finds Bulk of Swiss Firms Critical of Negative Rates
The Swiss Bankers Association last month called for negative rates to be scrapped because they were no longer fulfilling their purpose.
11/07/2019
Coutts London Prime Propert Index | Q3 2019
A weak summer has seen prime property prices back where they started at the beginning of the year.
11/07/2019
Canaccord Genuity Group revenues fall in Q2
Client assets in the UK & Europe dropped 2% to C$44.2bn from C$45.2bn.
11/06/2019
Brooks Macdonald lowers ongoing charges for Platform Managed Portfolio Services
By targeting a lower OCF for our Platform Managed Portfolio Service, we are providing an offering to advisers to deliver for their clients in a way that aims to ensure the total cost to the end client remains competitive.”
11/06/2019
Dolfin launches Private Investment Club
We have assembled a strong team for private investments, with collective expertise ranging from former entrepreneurs to venture capital and private equity professionals.
11/06/2019
HighTower's Meghan McCartan Named to Wealth Management List of 'Ten to Watch in 2020'
HighTower's Executive Director of Marketing is listed among innovators and influencers poised to make change in the industry in the coming year.
11/06/2019
Crypto Secularizes Wealth by Returning Power to the People
These concepts arouse feelings of awe and reverence, which further sanctifies the state
11/06/2019
Swiss bank Vontobel says advised client assets rise to record
The bank in July posted a 1% net profit decline for the first half of the year and confirmed its mid-term targets despite saying it expected the environment to remain challenging in the second half of 2019.
11/06/2019
Indosuez Wealth Management hosts its 2019 Middle East Investment Conference
Regional reforms, currency challenge and the importance of tolerance, happiness and sustainability
11/05/2019
Morning Coffee: Bank CEO tells stark truth on cost-cutting. The irritatingly casual banker at JPMorgan
Cutting to spend on technology has been a thing for several years, but 2020 looks like the year it gets real lift.
11/05/2019
Opinion: Why Europe has given up on the wealth tax – for now
Europe has been struggling to tax wealth in order to reduce rising inequality
11/05/2019
The multi-million dollar reasons Westpac exited wealth
The company’s detailed analysis of its operations painted a gloomy picture, even with respect to those elements of the wealth business Westpac retained – the insurance and platforms business.
11/05/2019
RBC's Wealth Focus in Asia: «Growth, Growth and Growth»
Although the segment may appear relatively niche, Chow noted that Hong Kong alone is home to 400,000 mostly affluent Canadians with global banking and wealth management needs.