06/21/2018
Advice firm closes DFM as £60m moved to 7IM and LGT Vestra
Founded in 1989 Leicester-based Greyfriars is an advice firm, Sipp and SSAS administrator and was formerly a DFM for its advisers and external IFAs.
Wealth and Asset Management
06/20/2018
7IM sees assets jump in ‘solid’ year
Last month, 7IM announced it has become a pension provider with the launch of a Sipp on its platform.
06/20/2018
Australia's Westpac says wealth management arm to cancel 'grandfathered' payments
We are working toward the changes taking effect from 1 October 2018
06/20/2018
Basler Kantonalbank to Expand Its Business
The acquisition is estimated to cost a total of 210 million francs.
06/19/2018
Julius Baer's New Boss Breaks With Boris Collardi
It isn't the only about-face from Collardi, according to Hodler: «We've achieved growth so far by hiring private bankers and with acquisitions.
06/19/2018
Mercer Advisors Named a Three Time Finalist in the 2018…
Barton has established Mercer Advisors as one of the leading strategic RIA acquirers in the country and has built the M&A function to become a powerful growth engine.
06/19/2018
UBS Expects China to Ease Its Cash Crunch
“But I think risks are rising the further we get into this deleveraging phase.”
06/19/2018
RPT-Singapore's OCBC plans China wealth management business to boost profits
OCBC, Singapore’s second-largest listed lender, expects the launch of the wealth management business and the expansion of its banking presence in the Greater Bay Area to be a “new growth driver” for the bank, CEO Samuel Tsien said.
06/19/2018
UBS Group CEO on Puerto Rico: 'We could have done things better'
Ermotti said there were not obvious warning signs in the years prior to the UBS Puerto Rico bond funds imploding.
06/19/2018
Wells Fargo mulls combining wealth management divisions
During the bank’s investor day conference in March, Jon Weiss, head of wealth and investment management, said Wells Fargo is exploring ways to increase efficiency among the bank’s wealth businesses.
06/19/2018
Assante Wealth introduces philanthropic platform
The charitable giving program allows clients to incorporate philanthropic giving into their overall wealth plan
06/19/2018
Bravura updates wealth management platform
Sonata enables the efficient rollout of new functionality in a consistent and predictable manner that ensures our customers stay ahead of changes in the industry.
06/18/2018
UBS's Main Unit Is Upgraded at Moody's on Wealth Business
For comparison, Credit Suisse’s long-term issuer rating stands at Baa2 with a stable outlook.
06/18/2018
Wealth managers face existential crisis if don't adopt AI
The predictive aspect of AI is expected to be a driver of transformative personalisation in wealth management
06/18/2018
Hawksford acquires Asian corporate service provider
This is the sixth acquisition that Hawksford has made since it was backed by private equity house Dunedin.
06/18/2018
The art and science of wealth solutions - SG
The discussion took place at the Hubbis Asian Wealth Management Forum in Singapore on May 10.
06/18/2018
Swiss private bank woos local billionaires
Boasts of a 222-year history as a pillar in the global asset management industry, has looked to the Philippine market in search of opportunities to broaden its wealth base.
06/18/2018
Big financial companies increasingly choosing Nashville
"They recognize Nashville now as competition," Nashville wealth manager Stephen Frohsin said of Charlotte.
06/18/2018
North Essex-based financial advisers nominated for three Money Marketing Awards
“We are looking forward to attending the Money Marketing Awards and we would like to wish all our fellow nominees the best of luck.”
06/18/2018
Inflation: Why piggy banks won’t fly
Global economic growth is good news for investors, but it brings inflation with it which can have consequences for savers.