08/09/2018
Barclays Wealth Asset Management decided to change its name
“Barclays is committed to meeting the needs of wealthy clients and those aspiring to become wealthier."
Wealth and Asset Management
08/09/2018
Ex-UBS Brazil WM exec launches indie advisory firm
The firm received the green light from Brazil’s market authority about a month ago, according to regulatory records.
08/09/2018
Ultra-High Net Worth Need Advisors Who Know How Investments And Taxes Interact
It specifically requires an ability to marry the investment world with the tax ecosystem in a quest to maximize after-tax returns and make investing in such strategies a worthwhile endeavor.
08/08/2018
Taking over the helm
With millennials getting ready to be in the driver seat, our panellists talk about the challenges faced in succession planning
08/08/2018
Deutsche Bank Wants U.S. Wealth Managers Who Can "Grow Big Books"
Patrick Campion tells the paper he was given a green light by Deutsche’s new group chief executive Christian Sewing to “grow, grow, grow.”
08/08/2018
How Regional Banks Do Wealth Management
The bank’s wealth management group then meets with clients monthly or semi-annually for reviews, and welcomes additional interaction as well, seeing it as an “opportunity,” Jervis tells the publication.
08/08/2018
Family Wealth Firms Increase Healthcare Services Role
As we all live longer, families are being challenged to adjust their plans to keep pace,” commented Thomas R. Livergood, Family Wealth Alliance Founder and Chief Executive Officer.
08/08/2018
Multi-family office adds eight highly experienced leaders
He had been at the helm of Ascent Private Capital Management, U.S. Bank’s ultrahigh-net-worth business, since 2010 when he was hired to launch the unit.
08/08/2018
AMP wealth arm leaked $873 million in first half
AMP's wealth management arm, which includes its superannuation and platform products, saw net outflows of $873 million in the first half of 2018.
08/08/2018
SunTrust Private Wealth Management Expands
The new Ohio locations are the latest examples of SunTrust Private Wealth Management expanding into new markets.
08/08/2018
Quilter reports 16% profit jump in first results since listing
Today’s results show a 2 per cent increase in assets under management and administration from 31 December 2017 to £116.5bn, which the company attributes to net flows of £2.2bn.
08/08/2018
Charles Stanley makes its range of managed portfolios available to advisers
The addition of the managed portfolios to the 7IM platform marks the tenth platform through which advisers can access Charles Stanley managed portfolios and was predominantly in response to demand from advisers.
08/08/2018
Leading Wealth Managers Deliver Extensive Investment Solutions
Based on a survey of 803 wealth managers, with respect to hedge funds, only about a fifth of those surveyed have the capacity to provide them.
08/08/2018
Geneva cantonal bank reports record-breaking H1 growth
The bank’s operating profits also grew by 28.8%, reaching CHF 84.5 million.
08/07/2018
Inside CIBC Private Wealth’s Growth Plan
The growth push involves hiring advisors and deepening penetration in Texas, Florida and California.
08/07/2018
Hargreaves Lansdown annual profits rise as inflows hit record
Assets under administration rose 16% to £91.6bn
08/07/2018
Rebel Bankers Are Forging A 'Noah's Ark' Of Female Finance
A culture of mansplaining, laddy sports events, and a failure to recognize female leaders has been failing the female pound (and dollar).
08/07/2018
ABN AMRO reports net profit of EUR 688 million for Q2 2018
We want to meet clients' needs, creating solutions that work for them in their daily lives.
08/06/2018
Deutsche Bank to expand US wealth management division
Move comes after its inclusion in Federal Reserve watchlist of ‘troubled’ banks
08/06/2018
Private wealth investors slowly gain interest of more managers
A number of money managers running alternatives strategies said they are picking up interest from, and consequently working hard to adapt, to new interest from high-net-worth individuals.