12/03/2015
Credit Suisse Eyes Social Network For Super Rich
Trademark Filing Cites Auction Services; Brokerages For Art, Yachts And More
Wealth and Asset Management
12/03/2015
Brewin Dolphin shrugs off threat of robo-advisers as it looks to grow financial advice business
Wealth manager believes it can grow despite the rise of computerised financial help
12/03/2015
Raymond James to Acquire the US Private Client Services Unit of Deutsche Asset and Wealth Management
“Consistent with our growth strategy, this well-respected unit meets our highly selective parameters for cultural and strategic fit, ability to integrate and value,” said Raymond James CEO Paul C. Reilly. “
12/03/2015
Luxembourg plots to steal London’s financial crown
The tiny nation wants to become “the European location of choice” for global financial services firms, and is already the biggest centre for fund management in the EU
12/03/2015
BTG seeks buyer for private banking arm
Also up for sale is a controlling stake in parking-lot company Allpark Empreendimentos Participacoes e Servicos SA, which could sell for about 1.5 billion reais, two people with knowledge of the situation said this week.
12/02/2015
Ex-bankers challenge wealth management dominance
You would expect the founders of a successful independent wealth management business to question the old sales and distribution model of its bank-owned rivals
12/02/2015
Morgan Stanley is pulling a surprise move -- and Wall Street loves it
Few investors expected the firm to aggressively restructure its FICC division, according to Hawken.
12/02/2015
Morgan Stanley: It’s All About Wealth Management Now
Potential EPS Impact: Assuming no revenue impact and holding all else equal, an 80% efficiency ratio, and the 25% reduction in FICC staff results
12/02/2015
NORTH West accountancy firm expands wealth management division with acquisition
"This deal enables me to enjoy a capital event now whilst remaining very active in the business. It secures the future of the business for its clients and key staff from our existing location.
12/02/2015
Northern Trust Enhances Global Brokerage Capabilities
Strengthens global trading and transition management services
12/02/2015
Credit Suisse Names New Private Bank Heads for China, Australia
Thiam, recruited in July to rebuild investor confidence in Switzerland’s second-largest bank
12/02/2015
Aberdeen Targets £25bn Bond Manager Rogge
Aberdeen is pursuing the deal even as client redemptions accelerate amid weakening emerging markets sentiment, Sky News learns.
12/02/2015
Younger Wealthy Willing To Dump Advisors Quickly If Needs Aren’t Met
Millennials Signal Disruption for U.S. Wealth Industry With Greater Demand for Automated Robo-Advisors
12/01/2015
Catering to Asia’s bank capital appetite
But 30% of the issue also ended up in the hands of extremely eager Asian investors.
12/01/2015
Private Banking Industry In Asia. An Increasingly Difficult Business
It is important to correctly define what is meant by private banking, especially in the context of Asia.
12/01/2015
LTCM founding partner targets HNWs in robo push
The fund is a globally diversified multi-asset fund, which uses passives to implement its rule-based dynamic asset allocation strategy, and carries an annual management charge of 0.12%.
12/01/2015
Close Brothers Asset Management targets HNWs with DB pension service
This dedicated service is designed to meet increasing demand, helping employers and Defined Benefit (DB) scheme trustees to ensure members make an informed choice around transferring into Defined Contribution (DC) pension schemes.
12/01/2015
Private equity firm backs wealth firm launch
He will be joined by Monika Kolarich
12/01/2015
U.S. Bancorp Turns to Robos to Boost Wealth-Management Assets
U.S. Bancorp’s wealth-management unit has dragged behind its competitors.
12/01/2015
Administration of Trusts And Estates in the Digital Age
The Revised UFADAA provides a compromise solution between fiduciaries and internet service providers