06/10/2016
Blackstone Turns to Investment Banking Model to Court the Rich
“It’s more of an investment banking model as opposed to an asset management model.”
Wealth and Asset Management
06/10/2016
How to use professional connections to do succession planning
At the end of his analysis, there are also checklists of points for financial advisers to action.
06/10/2016
Swiss buyer upbeat on merger with troubled BSI
"The business will significantly increase, so we would need as many staff as required to provide the same, if not better, service to clients," Mr Chiu added.
06/10/2016
Private banking – an export industry like any other
The future of wealth management in Switzerland came under the spotlight at the first Private Banking Day.
06/10/2016
Succession bags £25m to buy advice firms
Directly and through its affiliated membership, the group has £11bn of funds under management, of which more than £2.5bn is serviced through its national advisory business.
06/10/2016
St James’s Place launches intergenerational product
The moves follow SJP teaming up with Metro Bank at the end of April to launch an intergenerational mortgage range, specifically for parents and grandparents who wish to support their children or grandchildren in buying a first home.
06/09/2016
UBS to Cut Managers at U.S. Wealth Unit, Recruit Fewer Advisers
UBS declined to provide a specific number of cuts.
06/09/2016
Building a Wealth Community: How to get from P2P by Ben McNeil, Scorpio Partnership
With traditional wealth management firms slow to give their propositions a re-vamp, a burgeoning wave of peer-to-peer platforms have started to pique the interest of high net worth investors.
06/09/2016
Old Mutual Wealth appoints head of new financial adviser school
Students pay around £8,500 and will study towards the Institute of Financial Services Diploma in Financial Advice.
06/08/2016
As Growth Hits a Speed Bump, Wealth Managers Seek to Adapt
This sixteenth annual study by BCG outlines the evolution of private wealth from both a global and regional perspective, addresses key industry trends, and explores evolving client needs -- particularly those of underserved,
06/08/2016
Singapore to overtake UK as offshore financial centre
BCG estimates that offshore money lodged in Singapore will grow to $1.7tn by 2020, compared with the UK’s $1.6tn.
06/08/2016
Swiss wealth managers could benefit from a Brexit - BCG
If Britain opts to leave the EU later this month it would then face at least two years of talks with Brussels to negotiate its departure.
06/08/2016
The blurring of the lines between fund and wealth managers
Neptune to launch a wealth arm
06/08/2016
U.S. Bank hires regional leader of UHNW business
The Ascent team in Denver works with families with an average net worth of more than $440 million, Ascent said.
06/08/2016
Rothschild trust walks from Alliance Trust tie-up
This is a missed opportunity for Alliance Trust shareholders. It is not altogether sure where the trust is going on the long term.
06/08/2016
Share In Talks With Wealth Manager For Profit-Boosting Deal
Even amid subdued activity, Share said that independent research indicates it has performed better than peers.
06/08/2016
Cater Allen Private Bank in major tech overhaul with Temenos
The technology modernisation project is set to be completed by the end of 2017.
06/08/2016
Greece and Spain could be pot of gold for wealth managers
Countries such as Greece and Spain have suffered most in recent years, €107bn exiting Greece alone.
06/08/2016
Societe Generale finalises the acquisition of Kleinwort Benson from the Oddo Group
The acquisition has no significant financial impact on the Societe Generale group.
06/08/2016
Wealth-X President On Expanding Ultra High-Net-Wealthy Population And Spending Habits
These ultra-high wealth consumers only spend about 4 percent "on luxury consumables excluding yachts planes and large luxury assets"