10/30/2018
Basel WM upsizes Zurich office as it grows team 'substantially'
Tareno has hired two more relationship managers
Wealth and Asset Management
10/30/2018
Advisers carve wealth management unit out of $16 billion asset manager
Resonant Capital Advisors, Madison Investment Advisors cite business risks as one of the reasons for the separation
10/29/2018
Julius Baer targets wealth advisers with launch of dedicated team
Julius Baer chief executive Bernhard Hodler said: ‘External asset managers and financial advisers are and have always been valued clients and partners for Julius Baer.
10/29/2018
HSBC wealth management profits rise amid robo-advice push
HSBC has been mulling a robo-advice style service since as far back as 2016.
10/29/2018
Germany's Oldest Bank Taps Deal Makers for Wealth Management
Investment bankers to help grow net new money: Wehmhoener
10/29/2018
UBS may seek clearance to sell more products to U.S. ex-pats in Switzerland
Expanding UBS's license could put it on a more-level playing field with U.S. rivals just as the largest Swiss bank is seeking more business with wealthy U.S. citizens living abroad, to help accelerate its wealth management business where transaction
10/29/2018
Broadridge and UBS Americas to Redefine Wealth Management Technology in North America
New Broadridge Wealth Platform leverages leading technology to optimize advisor productivity, client experience and enterprise operations for the industry
10/26/2018
Raymond James Adds Hundreds of Financial Advisors
The group’s net revenue has reached a new record of $1.31 billion, which is 2% higher than the previous quarter and 12% higher than last year, Raymond James says.
10/26/2018
Unmasked! The dozen wealth managers quitting Quilter Cheviot
They all served as investment directors in the combined firm’s London office.
10/26/2018
Profits Jump at UBS Wealth Management Americas
The Americas wealth management unit, which covers all of North and South America, saw profits before taxes jump 10% year over year to $368 million
10/26/2018
Lombard Odier brings blue-blooded private banking to SA
The 220-year-old, Swiss bank was recently awarded a category one licence from the Financial Sector Conduct Authority
10/26/2018
Bank of England checking lenders’ easy-to-access liquidity
PRA chief addresses ability to withstand severe Brexit dislocation
10/26/2018
Brooks Macdonald maintains 'positive momentum' in its UK business
The firm says it has increased its discretionary Funds Under Management for the first quarter to £12.8bn
10/26/2018
Acquisition boosts Liechtenstein PB’s Lux expansion
The corresponding purchase price is about CHF 12 million.
10/26/2018
Coutts & Adams & Co cut payroll 10% on compliance costs
Quarterly income within the private banking division stood at £195 million, 11.4% up on the same period of 2017 on asset appreciation, higher lending volumes and increased deposit income.
10/25/2018
UK wealth buy first step in Asian giant’s $10bn plans
The acquisition marked Rayliant’s first venture into wealth management after years of institutional focus.
10/25/2018
Asian private bank investors now investing in ESG structured products
Evidence is growing that ESG compliant companies are better managed companies and generate competitive advantage over their peers, according to DBS Private Bank
10/25/2018
A banker's woe: Chinese wealth may get harder to snag for global bankers
The uncertainty around the UBS banker's delayed departure comes at a tricky time for foreign investors in China as Beijing steps up curbs and increases scrutiny on offshore investments and outflows amid a weakening economy and currency.
10/25/2018
Quilter platform sales down as DB transfer activity slows
Flows into Quilter Investors rose 10% to £4.3 billion.
10/25/2018
UBS's David Ellis Named to Forbes List of Top Wealth Advisors
Recognized for the third straight year as a national leader in financial services