04/09/2018
Historic Hargreave Hale name to be dropped
The business will now carry on as CGWM while the integration of the two businesses is expected to continue through to 2019.
Wealth and Asset Management
04/08/2018
Rathbone Brothers and Permira are preparing a bidding war for the Scottish stockbroker
The move comes less than a year after the pair were embroiled in a bidding war after wealth manager Tilney
04/06/2018
Wells Fargo Sales Push Extended to Wealth Unit, Ex-Workers Say
Wealth advisers as recently as 2016 were given ambitious quotas and could earn extra pay by steering clients into loans and accounts with recurring fees
04/06/2018
The “elite” J.P. Morgan team in Asia that you now wish you were working for
The latest productivity table from Asian Private Banker – which measures average AUM per RM – ranks J.P. Morgan third behind Goldman Sachs and Citi.
04/06/2018
OCBC Chief Sees Pay Jump
Tsien received S$9.69 million in 2017. In 2016, his total remuneration was S$8.38 million, according to its annual report.
04/06/2018
UBS rolls out new digital advice platform in US
UBS Advice Advantage, designed with SigFig, combines intelligent technology with access to a financial advisor, as well as UBS research and financial goals tracking capabilities
04/06/2018
Uruguayan wealth firm on acquisition hunt to boost growth
Criteria currently has 18 advisors and is increasingly investing in its open architecture platform, said Reekstin.
04/06/2018
Envestnet | Tamarac Takes Top Honors at Family Wealth Report Awards
Award recognizes the caliber of the Tamarac portfolio management solution for second straight year
04/06/2018
Julius Baer launches ‘next generation’ fund
The fund is registered for public distribution in Switzerland and is available in different European countries.
04/06/2018
OMGI increases US offshore and Latin American presence
The London-based asset management specialist said that it has entered into a new agreement with recently launched The AMCS Group, whose official brand will be announced soon.
04/06/2018
Vistra Continues Global Expansion with the Launch of a New Canada Office
This new office will complement our existing offices in North America and further strengthen the experience and expertise we can provide to our clients in this critical region.
04/05/2018
Guernsey aiming to be ‘green investment’ leader
Compliance with green criteria will be required and it will be open to all types of funds.
04/05/2018
Chinese Firm Wraps Up Liechtenstein Bank
A Chinese finance firm has wrapped up a deal to buy a private bank in Liechtenstein. It is the most recent of a spate of Chinese deals in Europe's finance hubs. What is the attraction?
04/05/2018
Big four banks are at the wealth crossroads
"You really need to understand your client, strong remuneration practices to make sure the advice is right and you need to stand behind the advice you give."
04/05/2018
Technology trouble - St. James’s Place
Tech stocks were the main exception as markets enjoyed a short-lived lull in trade and political tensions, while the UK entered its final year before Brexit.
04/05/2018
JPMorgan Chase Expects to Double Market Share of Affluent Clientele
CEO Jamie Dimon said the bank has only captured 1 to 4 percent of the market.
04/04/2018
Citi Joins Race for Thai Wealth
Financial details of the transaction were not disclosed.
04/04/2018
Firing Line: Dominic Grinstead
"We have 50,000 wealth management customers and these customers have got good outcomes."
04/04/2018
IFG won't sell off UK wealth division
IFG said yesterday that it had reviewed the non-binding indicative offers that had been made for Saunderson House and that they had been "in line with market expectations".
04/04/2018
LLB finalises takeover and moves into Swiss fund market
The bank will undergo reorganisation as part of the acquisition, said the statement.