09/14/2018
Mindsets and strategies: Helping HNW clients adapt to volatility and doubt
The discussion, which took place in Singapore on an off-the-record basis, provided a forum for wealth management peers to debate their approaches to the current state of the global economies and financial markets.
09/14/2018
Evercore Relocates its Trust Company Headquarters to Delaware
Evercore Trust Company, N.A. provides fiduciary services to families, foundations and endowments across the United States, in partnership with Evercore Wealth Management, LLC.
09/14/2018
Morgan Stanley Passes $25B in Impact Assets
In the six months, Morgan Stanley has launched two programs that have helped drive its platform’s success.
09/14/2018
Absa set to woo Africa’s super-rich
Bank to roll out in-country wealth and investment solutions.
09/14/2018
DBS Avoiding ‘Crazy Rush’ to Hire Private Bankers, Tan Says
Asia wealth firms are luring talent with offers of higher pay
09/14/2018
Close Brothers sells retail lending business
Close Brothers Retail Finance provides unsecured finance to consumers through retailers at the point of sale, and has worked with companies such as Jessops, Samsung and Cotswold Outdoor.
09/14/2018
Investec plots spin-off of asset management business
Move comes amid management overhaul at the South African banking group
09/14/2018
Goldman’s former president backed the bank’s 1MDB dealings, says a new book on the scandal
The book also said that Goldman structured 1MDB debt issues to secure out-sized profits
09/13/2018
2019 Comp: UBS Leaves Plan Mostly Untouched, Retains Strings on Bonuses
The firm is the second big U.S. brokerage firm to try to control expectations about the annual pay program
09/13/2018
This Top Financial Advisor Isn't Afraid To Tell His Rich Clients 'No'
Their approach: getting clients to think very long-term.
09/13/2018
Citigroup plans to nearly double Brazil-focused private-banker team
The unit also doubled its minimum asset level invested at the bank from a previous $5mn, following new global standards at the company.
09/13/2018
Founder Colin Lawson praised staff at the wealth management firm who achieved more than £150m in net asset wins
09/13/2018
We have a comprehensive and structured chartered programme to ensure our advisers remain highly competent
09/13/2018
With new competition and customers demanding outstanding service, specialisation is proving the only way to succeed in wealth management 4.0, writes Orbium associae partner Ian Woodhouse.
09/12/2018
Singapore seeks to attract more of world's millions
While many asset managers have offices in Singapore, most of their funds are still registered in offshore jurisdictions.
09/12/2018
UBS's Blessing Sees Impact of Trade Tensions in China
Falling markets tend to lead to less trading as clients become more risk averse, and also reduce the net interest income and fees the bank is able to generate as investment volumes and deposits go down.
09/12/2018
JP Morgan to set up Luxembourg wealth management unit in Brexit move
The US firm plans to create a “significant” business in Luxembourg, according to the report, which will allow it to serve more fund management clients across the European Economic Area.
09/12/2018
Fund stars line up to back Facebook of wealth management
Robertson said: ‘We have built Octo Members with the financial services community, particularly advisers, at the forefront of our thinking.
09/12/2018
Wells Fargo, Morgan Stanley and Other UHNW FAs Warn of Dangers in Neglecting Estate Plans
The cost of those clients’ postponements and dodging can be high, according to Featherngill, other financial advisors, and trust and estates lawyers.
09/12/2018
Rockefeller-Backed Firm Lands First Team from HighTower
The Bapis Group, a $1.2 billion advisory team, leaves HighTower to join former Morgan Stanley wealth exec Greg Fleming’s Rockefeller Capital Management.