06/18/2019
MAI Capital Acquires Wealth Management Practice Catering to Pro Athletes
D.C.-area acquisition strengthens MAI’s athlete client offering, broadens geographic reach
Wealth and Asset Management
06/18/2019
WM firm merges with Lugano boutique
The merger will combine individual portfolio management, family office services
06/17/2019
Kleinwort Hambros Wins ‘Outstanding Private Bank – UK Crown Dependencies’ PBI Award
Winners are chosen by a rigorous selection process before being appointed by an independent judging panel.
06/17/2019
Hong Kong's $1 trillion wealth management industry is endangered as tycoons move money out of the city.
It’s no longer a question of whether we have assets offshore,» she says.
06/17/2019
Why the wealthy are investing directly in private companies
For individual investors, the routes into private equity have become more sophisticated and varied
06/16/2019
ZEDRA Shortlisted for Digital Brand of the Year – Citywealth Brand Management & Reputation Awards 2019
Citywealth’s Brand Management & Reputations Awards recognise the branding and public relations efforts of some of the premier companies in the financial services industry over the last 12 months.
06/14/2019
UBS apologises for 'Chinese pig' comment amid social media furore
Western companies are seeing relations with China increasingly strained at times, as the trade war with the US escalates tensions.
06/14/2019
Wealth Enhancement Group Announces Acquisition
Lightyear Capital-Backed Wealth Management Firm's Acquisition of Independent Financial Advisory Business with $1.3 Billion in Client Assets is its Twelfth in the last Six Years
06/14/2019
Mariner Wealth Advisors acquires second Houston wealth management firm
The latest acquisition is Mariner's second in Houston.
06/14/2019
These Asset Managers Are Growing Revenue Faster Than Others
An asset manager’s commitment to technology is highly correlated with revenue growth, a new survey finds.
06/14/2019
Private Banking London Award winners announced
All of PBI’s awards undergo a rigorous selection process before being appointed by an independent judging panel.
06/14/2019
UBS' Wealth Management Business Could Cross $19 Billion In Five Years
Before the 2008 recession, Wealth Management and Trading Revenues contributed equally (around 35%) to UBS’s total revenues.
06/14/2019
OCBC’s private bank eyes Malaysia expansion
Bank of Singapore has been expanding in Asia, the Middle East and Europe.
06/14/2019
China's Haitong International cuts UBS business ties over pig comment
“There is not a clear timetable on when to resume the collaboration, which is subject to the management’s decision,” Haitong International said in an email sent to Reuters.
06/14/2019
Two Lugano wealth managers set to merge
The changes will be effective as of July 2019.
06/13/2019
Merrill Lynch Wealth Management Sticks with Recruiting Freeze, Brokers Hit Growth Numbers
Brokers in 2019 must generate six new household accounts over $250,000 to qualify for an extra 100-basis-point payout on revenue produced, up from a five-account target in the 2018 plan.
06/13/2019
Six new acquisitions take Succession past £8bn AUM
55 deals since 2014
06/13/2019
HK's Protests Draws Queries From Private Bank Clients
When asked to describe how they felt about what they thought about the global investment outlook and choosing three-character words in Mandarin to express their sentiments, private banking clients surveyed chose «uncertainty» and «chaoti
06/13/2019
Crestbridge family office services duo named in list of rising stars
Danielle Cottignies, Manager, for the second year running, and Daniel Cavey, Assistant Manager in the Family Office Services team in Jersey were both recognised in the list.
06/13/2019
Crestbridge sets up Luxembourg ManCo in London
The branch adds to Crestbridge’s already established Management company, FCA regulatory and UK AIFM services.