04/23/2018
Fairstone makes third acquisition of 2018
Sims is the latest firm to be fully acquired by Fairstone after joining its downstream buyout programme in July 2015.
Wealth and Asset Management
04/23/2018
Schroders targets wealth management growth
Schroders’ wealth management business has operations in the Channel Islands, Gibraltar, Switzerland, Hong Kong and Singapore, as well as Britain, Germany, Italy and Spain.
04/20/2018
UBS WM splits European business into two units
She added that the regulations are tighter in southern Europe, which justified the new set-up.
04/20/2018
Worthless Treasure in UBS Safe Deposit Box
The move is reminiscent of India's sudden move two years ago to outlaw two bank notes, in a bid to was taken to crack down on tax evasion.
04/20/2018
Results of Butterfield AGM Vote
Each of the proposals numbered 1 through 6 on the Meeting Agenda was approved by the requisite vote, including the election as directors of all persons nominated.
04/20/2018
Forbes names Morton Wealth Management to best-in-state advisor list
North Carolina firm ranks among best financial managers in the state and across the U.S.
04/20/2018
Credit Suisse and UBS exploring back-office tie-up
His Credit Suisse counterpart, Mr Tidjane Thiam, said in 2016 that his firm was in talks with another lender he did not identify about sharing databases and servers.
04/20/2018
Atria Wealth Acquires $23 Billion IBD
Atria’s acquisition of Cadaret, Grant will build upon the firm’s three decades of industry leadership, expertise and service to deliver one of the most competitive and powerful offerings in the independent wealth management industry.
04/20/2018
Private Bank Expands in Singapore
The move also comes as VP enlists the help of former Julius Baer Asia banker Tom Meier to help bolster its business in Asia.
04/19/2018
Credit Suisse Expands Asian Imprint
The move comes as Switzerland's second-largest bank obtained regulatory approval from Philippine financial regulators.
04/19/2018
GAM reports increase in AUM
The Group's focus remains on delivering on its strategic priorities and achieving its targets over the business cycle.
04/19/2018
Profile: how this boutique beat the big guns of wealth
The government has given it £1 million to boost trade after some local businesses reported their income has dived by 90% s
04/19/2018
Wells Fargo Loses Reps to Raymond James, BNY Mellon
Wirehouse Wells Fargo has lost two financial advisors in Wisconsin and a senior trust team manager of its private bank unit in California.
04/18/2018
Cardena Private Wealth adds life insurance
MBS has secured the partnership at a time when growth in the life insurance risk market is slowing down.
04/18/2018
UBS aims for 25% increase in advisors at wealth center
UBS Advice Advantage, built in collaboration with tech developer SigFig over a roughly 18-month period, has a minimum investment of $10,000 and an advisory fee of 75 basis points.
04/18/2018
Wealth boutique to launch multi-asset ETF portfolio
The investment management fee on the portfolio is 0.5% plus VAT.
04/18/2018
Asset manager Jupiter hit by clients withdrawing money and negative market conditions
The majority of outflows came from retail investors taking money out of the company’s fixed income offering including its Dynamic Bond Fund.
04/18/2018
Progeny launches adviser-only ETF
A multi-asset ETF product that is only available through financial advisers has been launched by Progency Asset Management.
04/18/2018
Morgan Stanley Wealth Management Reports Record Profits
Morgan Stanley’s wealth management division had a record quarter for pre-tax profits, although advisor headcount declined slightly.
04/18/2018
Swiss bank Vontobel sees good start to 2018
We achieved a strong quarterly result,” Staub said in a statement, referring to the first quarter.