Managers of Wealth http://managersofwealth.com/ Fri, 18 Apr 2025 09:50:24 BST part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Söderberg & Partners invests in four more UK IFA firms News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118002/sampoumlderberg-ampamp-partners-invests-in-four-more-uk-ifa-firms The Swedish wealth manager says there is ‘no shortage of high-quality financial advice firms in the UK’ Wealth and Asset Management Wealthy families embrace systemic rethink to impact investing News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118007/wealthy-families-embrace-systemic-rethink-to-impact-investing The overarching question is whether or not the investments of wealthy families actually make any major impact on society. Wealth and Asset Management Morgan Stanley Wealth Management Pulse Survey Reveals Majority of Retail Investors Bearish News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118008/morgan-stanley-wealth-management-pulse-survey-reveals-majority-of-retail-investors-bearish The survey explored investor views on sector opportunities for the second quarter of 2025 Wealth and Asset Management Rockefeller Global Family Office Continues Growth, Welcomes First Florham Park, NJ-Based Private Wealth Team News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118009/rockefeller-global-family-office-continues-growth-welcomes-first-florham-park-nj-based-private-wealth-team The team is led by Private Advisors and Managing Directors Ray Chase and Angie Newman and includes Private Advisor and Senior Vice President Dan Riordan. Wealth and Asset Management UBS Loses Crown as Most Valuable Continental European Bank News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118010/ubs-loses-crown-as-most-valuable-continental-european-bank The Swiss banking giant has now been overtaken by Santander in terms of market capitalization. Wealth and Asset Management Manulife Wealth introduces Unified Managed Account Program News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118013/manulife-wealth-introduces-unified-managed-account-program The program consolidates multiple investment vehicles into a single account, allowing for simplified investment tracking and reporting. Wealth and Asset Management South Africa: Unlock the power of connected wealth with Nedbank Private Wealth News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118021/south-africa-unlock-the-power-of-connected-wealth-with-nedbank-private-wealth Connected Wealth is ultimately about ensuring that wealth serves a greater purpose Wealth and Asset Management UBS executives: Wealth ‘referral awards’ don’t work News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118024/ubs-executives-wealth-amplsquoreferral-awardsamprsquo-donamprsquot-work Swiss firm set up cross-divisional wealth unit last summer as rivals tempt dealmakers with bonuses to refer rich clients Wealth and Asset Management Julius Baer Manager Leads New British Asset Manager in Geneva News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117977/julius-baer-manager-leads-new-british-asset-manager-in-geneva The new asset manager is set to start operations in early 2025, upon its license approval by Finma. Wealth and Asset Management Citi wealth says 'strategy is working' as net new assets surge News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117979/citi-wealth-says-amp039strategy-is-workingamp039-as-net-new-assets-surge The division reported a 489% surge in its new investment assets in the fourth quarter. Wealth and Asset Management LGT Switzerland names new Geneva head News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118003/lgt-switzerland-names-new-geneva-head Bertrand Merkli, who succeeds Pascal Bourqui, is head of Swiss markets at LGT Bank Switzerland and will retain this role. Executive Moves Basel-based Top 50 IAM hires part-time senior PM News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118004/basel-based-top-50-iam-hires-part-time-senior-pm Charisma Stiftung analyst, Andreas Borer, has joined Tareno as a senior portfolio manager to further develop its stock selection process. Executive Moves Capital Union Bank Welcomes New Chief Executive Officer Michael Paton, as Patrick Zbinden Takes Group Leadership Roles News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118011/capital-union-bank-welcomes-new-chief-executive-officer-michael-paton-as-patrick-zbinden-takes-group-leadership-roles Capital Union Bank announces the appointment of Michael Paton as Chief Executive Officer effective May 1st, 2025. Executive Moves Mercer promotes wealth management lead News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118014/mercer-promotes-wealth-management-lead Additionally, he worked at AMP, serving as national business development manager for Hillross Financial Services and tasked with acquiring practices and financial advisers. Executive Moves Savvy Wealth Hires Former Pathstone General Counsel as First Head of Legal & Compliance News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118018/savvy-wealth-hires-former-pathstone-general-counsel-as-first-head-of-legal-ampamp-compliance The newest member of Savvy Wealth’s leadership team will build and scale the firm’s legal and compliance program Executive Moves Pictet Wealth Management signs MD from Rothschilds News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118022/pictet-wealth-management-signs-md-from-rothschilds Annick Crisford joins Pictet wealth management as managing director Executive Moves Raymond James loses UK wealth boss Paul Abberley News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117981/raymond-james-loses-uk-wealth-boss-paul-abberley Kim Jenson has been brought in from Raymond James’ US private client business as interim chief executive until a permanent CEO is recruited. Executive Moves NatWest Group appoints new Managing Director to lead Investment Products & Solutions for its Wealth Businesses News Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117983/natwest-group-appoints-new-managing-director-to-lead-investment-products-ampamp-solutions-for-its-wealth-businesses He will join the bank on 1 September with over 30 years of experience in the private banking and wealth management industry, having held senior positions at both HSBC and UBS. Executive Moves Guernsey Finance appoints new Chairman News Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117982/guernsey-finance-appoints-new-chairman He has been instrumental in the development of Guernsey’s highly successful insurance industry which spans captive solutions, Insurance Linked Securities and the reinsurance sector. Executive Moves Citi announces Carmen Haddad will join Citi Wealth in a senior capacity News Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117985/citi-announces-carmen-haddad-will-join-citi-wealth-in-a-senior-capacity Serving as Vice Chair, Citi Private Bank Executive Moves Osborne Clarke advises shareholders on sale of Rockhold Asset Management and Lync Wealth Management News Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117978/osborne-clarke-advises-shareholders-on-sale-of-rockhold-asset-management-and-lync-wealth-management Following this transaction, Rockhold will continue to operate under its existing leadership, broadening 7IM's funds and MPS offering, which are a core component of 7IM's growth strategy. Legal,Regulation,Tax & Compliance Swiss Bank Reyl at center of anti-money laundering scandal News Aggregation Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117937/swiss-bank-reyl-at-center-of-anti-money-laundering-scandal At the heart of the storm is Reyl, a Geneva-based boutique bank that has long marketed itself as a discreet and customer-focused institution for wealthy international clients. Legal,Regulation,Tax & Compliance World growth under tariffs News Team Wednesday, April 09, 2025 1:00 am http://managersofwealth.com/article/117845/world-growth-under-tariffs This environment also increases the risk of recession in all countries, including the US. Legal,Regulation,Tax & Compliance Should the UK have a wealth tax on Britain's richest people? News Aggregation Team Wednesday, April 09, 2025 1:00 am http://managersofwealth.com/article/117855/should-the-uk-have-a-wealth-tax-on-britainamp039s-richest-people Supporters of a wealth tax say it will raise billions for vital services, but critics argue it will be a nightmare for HMRC. What do you think? Legal,Regulation,Tax & Compliance UK’s FCA proposes overhaul of alternative asset management regime News Aggregation Team Tuesday, April 08, 2025 1:00 am http://managersofwealth.com/article/117836/ukamprsquos-fca-proposes-overhaul-of-alternative-asset-management-regime The proposed changes seek to ease market entry, boost growth, enhance competition, and foster innovation in the sector. Legal,Regulation,Tax & Compliance Deutsche Bank-owned asset manager DWS fined $27 million for 'greenwashing' News Aggregation Team Wednesday, April 02, 2025 1:00 am http://managersofwealth.com/article/117728/deutsche-bank-owned-asset-manager-dws-fined-27-million-for-amp039greenwashingamp039 Deutsche Bank-owned DWS had publicly claimed that it was a "leader" in environmental, social and governance (ESG) investing, and that ESG was an integral part of its DNA. Legal,Regulation,Tax & Compliance UK’s budget underlines economic policy constraints News Team Wednesday, April 02, 2025 1:00 am http://managersofwealth.com/article/117734/ukamprsquos-budget-underlines-economic-policy-constraints UK’s outlook contrasts with recent German fiscal ambition, and leaves the UK limited room to respond to a rapidly changing global outlook Legal,Regulation,Tax & Compliance Benchmark’s top 10 tips for tax year-end News Team Wednesday, April 02, 2025 1:00 am http://managersofwealth.com/article/117736/benchmarkamprsquos-top-10-tips-for-tax-year-end Taxpayers can adopt several simple strategies to preserve and grow their wealth, and seeking financial advice can be an invaluable resource for providing peace of mind while helping people to achieve their goals and prepare for all scenarios. Legal,Regulation,Tax & Compliance Travers Smith advises Brooks Macdonald on its move from AIM the Main Market News Team Tuesday, April 01, 2025 1:00 am http://managersofwealth.com/article/117690/travers-smith-advises-brooks-macdonald-on-its-move-from-aim-the-main-market The company's broad and diverse product range means that clients have solutions made just for them, allowing Brooks Macdonald to support clients throughout their entire lives as needs and circumstances change. Legal,Regulation,Tax & Compliance FINMA adapts its organisation to meet future challenges News Team Tuesday, April 01, 2025 1:00 am http://managersofwealth.com/article/117697/finma-adapts-its-organisation-to-meet-future-challenges The Swiss Financial Market Supervisory Authority FINMA has announced an adjustment to its organisation. It is creating a new cross-divisional function for “Integrated Risk Expertise” and merging the “Markets” and “Asset Manag Legal,Regulation,Tax & Compliance How to leverage AI in wealth management: a guide for SMBs News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118005/how-to-leverage-ai-in-wealth-management-a-guide-for-smbs This guide shows you how to leverage AI in wealth management practice. FinTech Zoe Financial Incorporates Morningstar Indexes Into the Zoe Wealth Platform News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118019/zoe-financial-incorporates-morningstar-indexes-into-the-zoe-wealth-platform RIAs and investors using the Zoe Wealth Platform will now have access to the Morningstar Indexes, which will first add Morningstar's Core US equity indexes with the potential to expand the offerings over time. FinTech The upheaval in the financial sector News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118020/the-upheaval-in-the-financial-sector At the heart of these changes are the challenges of digitalization, the growing importance of cybersecurity, and the pressure to remain competitive. FinTech AMINA to Distribute EDG UK’s Institutional-grade Crypto Structured Products News Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117986/amina-to-distribute-edg-ukamprsquos-institutional-grade-crypto-structured-products The products provide exposure to BTC, ETH and SOL, allowing eligible clients to access institutional-grade and customized risk-return profiles aligned with their investment objectives. FinTech Bitcoin Suisse: New Deal with Wealth Manager News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/118000/bitcoin-suisse-new-deal-with-wealth-manager Bitcoin Suisse and SSI Wealth Management have established a reciprocal partnership. FinTech Silver Scott Announces Crypto Wealth Management Division and Strategic XRP Reserve Initiative News Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117954/silver-scott-announces-crypto-wealth-management-division-and-strategic-xrp-reserve-initiative The service will initially focus on wealth managers, private banks, and qualified individual investors across North America, Europe, and select Asian markets. FinTech Lucerne Fintech Breaks Cover With Profits and Big Plans News Aggregation Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117931/lucerne-fintech-breaks-cover-with-profits-and-big-plans Operating income climbed to 13.2 million francs, while assets under management rose by more than 1 billion francs to a total of 3.2 billion francs. FinTech Accenture Invests in GoUpscale to Reinvent Digital Content and Engagement in Wealth Management News Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117935/accenture-invests-in-goupscale-to-reinvent-digital-content-and-engagement-in-wealth-management Accenture Invests in GoUpscale to Reinvent Digital Content and Engagement in Wealth Management FinTech What’s holding wealth firms back from hybrid? News Aggregation Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117945/whatamprsquos-holding-wealth-firms-back-from-hybrid Cost concerns are stalling hybrid strategies in wealth firms. FinTech Broadridge Collaborates with Fnality to Enable Real-Time Settlement for Intraday Repo Transactions News Team Friday, April 11, 2025 1:00 am http://managersofwealth.com/article/117904/broadridge-collaborates-with-fnality-to-enable-real-time-settlement-for-intraday-repo-transactions Fnality's digital representation of funds held at central banks serves as a settlement rail for Broadridge's DLR platform bringing greater efficiency, liquidity and risk reduction to financial markets in both the U.S. and Europe FinTech Lighthouse Canton Launches Family Office Report News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117974/lighthouse-canton-launches-family-office-report The white paper was released during a roundtable hosted in collaboration with the Dubai International Financial Center's (DIFC) Family Wealth Center. Family Office Raffles Family Office Launches Digital Asset Fund in Hong Kong News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117976/raffles-family-office-launches-digital-asset-fund-in-hong-kong This happened after receiving consent from the Securities and Futures Commission to its change in business plan in managing portfolios that invest in virtual assets. Family Office An institutional approach to family wealth management is key: Report News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117996/an-institutional-approach-to-family-wealth-management-is-key-report The whitepaper, titled ‘The Multi-Family Office Advantage’, was launched at a roundtable hosted by Lighthouse Canton in collaboration with the DIFC’s Family Wealth Centre Family Office Fund firms fear bank backlash over direct family office business News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117997/fund-firms-fear-bank-backlash-over-direct-family-office-business Asset managers seeing a rise in approaches from investment savvy family offices, but worry dealing direct will strain key private bank distribution partnerships in the region. Family Office Europe’s billionaires—who pay their family office CEOs $370,000 a year—are worried they can’t find the talent to manage their fortunes News Aggregation Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117967/europeamprsquos-billionairesampmdashwho-pay-their-family-office-ceos-370000-a-yearampmdashare-worried-they-canamprsquot-find-the-talent-to-manage-their-fortunes The biggest obstacle, however, is finding suitable people to manage their fortunes. Family Office Bergos Launches Independent Family Office Advisory Unit, Bergos Crossroad News Aggregation Team Thursday, April 10, 2025 1:00 am http://managersofwealth.com/article/117873/bergos-launches-independent-family-office-advisory-unit-bergos-crossroad While operating on the Bergos platform, Crossroad will function independently and is open to clients beyond the bank’s private banking relationships. Family Office What Makes for a Mature Family Office? News Aggregation Team Monday, April 07, 2025 1:00 am http://managersofwealth.com/article/117805/what-makes-for-a-mature-family-office That can lead to numerous twists and turns until many achieve what is generally considered to be a stable long-term objective for most: segregated, institutional continuity. Family Office Northern Trust Expands Global Family Office Services News Team Thursday, April 03, 2025 1:00 am http://managersofwealth.com/article/117739/northern-trust-expands-global-family-office-services Family Office Solutions draws on decades of successfully serving ultra-high-net-worth clients and family offices Family Office 'Hutchison deal won't stop family offices coming here' News Aggregation Team Monday, March 31, 2025 1:00 am http://managersofwealth.com/article/117675/amp039hutchison-deal-wonamp039t-stop-family-offices-coming-hereamp039 He said 160 family offices from around the world indicated they will or are planning to set up shop in Hong Kong, of which a quarter are from Europe and the United States. Family Office Hong Kong to 'Perfect' Family Office Incentives News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117618/hong-kong-to-amp039perfectamp039-family-office-incentives He also addresses concerns over whether Beijing's ire over CK Hutchison's Panama port deal would affect Hong Kong's financial services sector. Family Office Zurich banking hotel writes new chapter News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118012/zurich-banking-hotel-writes-new-chapter Located directly on Paradeplatz, it was and remains a preferred meeting place for bankers, investors, and decision-makers from all over the world. Luxury A £10,000 investment in Rolls-Royce shares last week is now worth this… News Aggregation Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117949/a-amppound10000-investment-in-rolls-royce-shares-last-week-is-now-worth-thisamphellip The FTSE 100-listed engineering group has delivered one of the great stock market comebacks of recent times. Luxury Luxury Stumbles: Arnault’s Wealth Dips, China and US Markets Cool News Aggregation Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117965/luxury-stumbles-arnaultamprsquos-wealth-dips-china-and-us-markets-cool The sharp decline reflects growing vulnerabilities in a sector once viewed as immune to economic uncertainty. Luxury Tiffany & Co. Opens Largest European Flagship in Milan News Aggregation Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117942/tiffany-ampamp-co-opens-largest-european-flagship-in-milan Located on Via Montenapoleone, the striking new store by Peter Marino showcases Tiffany’s largest selection of archival pieces, blending art, craftsmanship and nearly two centuries of history. Luxury Billionaire Prada clan succession plan bolstered by Versace deal News Aggregation Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117943/billionaire-prada-clan-succession-plan-bolstered-by-versace-deal In Versace, Prada gets a brand with a polar-opposite aesthetic, widening its range. Luxury Luxury’s first-quarter cheat sheet News Aggregation Team Friday, April 11, 2025 1:00 am http://managersofwealth.com/article/117919/luxuryamprsquos-first-quarter-cheat-sheet Luxury earnings season will kick off on 14 April, amid Trump’s tariffs chaos. Analysts share their views on what to expect. Luxury The IQ-EQ Inter-Island Yacht Race News Team Friday, April 11, 2025 1:00 am http://managersofwealth.com/article/117920/the-iq-eq-inter-island-yacht-race The combination of nearly 400 employees based in Guernsey and Jersey and an expertise in yachting services made the decision to sponsor this high-profile event a simple one. Luxury The Art Basel and UBS Art Market Report 2025 News Team Thursday, April 10, 2025 1:00 am http://managersofwealth.com/article/117872/the-art-basel-and-ubs-art-market-report-2025 The Art Basel and UBS Global Art Market Report 2025 by Arts Economics highlights an industry that, despite a decline in total sales value, remains dynamic and evolving. Luxury This Historic London Landmark Is Set To Become The Capital’s Next Luxury Hotel News Aggregation Team Wednesday, April 09, 2025 1:00 am http://managersofwealth.com/article/117853/this-historic-london-landmark-is-set-to-become-the-capitalamprsquos-next-luxury-hotel Plans to transform a Grade I listed building on the banks of the River Thames into a fancy hotel have been submitted to the City of London Corporation. Luxury The sleek, new 2025 Audi A5 takes the luxury sedan to a new level News Aggregation Team Tuesday, April 08, 2025 1:00 am http://managersofwealth.com/article/117840/the-sleek-new-2025-audi-a5-takes-the-luxury-sedan-to-a-new-level The all-new A5 boasts engine muscle and great cargo space Luxury Meet the Zara heiress with a staggering £8 billion net worth News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118006/meet-the-zara-heiress-with-a-staggering-amppound8-billion-net-worth Marta Ortega Perez is the current chair of Inditex Extremely Wealthy Bezos, Zuckerberg and 4 Other Ultra-Wealthy People Losing Money in 2025 News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118017/bezos-zuckerberg-and-4-other-ultra-wealthy-people-losing-money-in-2025 Those days of big losses following President Donald Trump’s tariffs announcement cost some of the world’s richest people billions of dollars in net worth. Extremely Wealthy Cayman a growing hot spot for the super rich News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117998/cayman-a-growing-hot-spot-for-the-super-rich While Cayman Compass is not able to independently verify the data, the findings chime with insight from realtors, economists and immigration experts. Extremely Wealthy UK’s Richest Trader Adds Billions to Wealth on XTX Results News Aggregation Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117952/ukamprsquos-richest-trader-adds-billions-to-wealth-on-xtx-results He’s now the world’s 164th-richest person, and the third-wealthiest in the UK. Extremely Wealthy Rich Indonesians wary of Prabowo’s policies, economic stability, send wealth overseas News Aggregation Team Monday, April 14, 2025 1:00 am http://managersofwealth.com/article/117925/rich-indonesians-wary-of-prabowoamprsquos-policies-economic-stability-send-wealth-overseas The shift began in October when Prabowo came to power but accelerated substantially after the rupiah plunged in March, people have said Extremely Wealthy Power, Oil & Billions: The World’s Wealthiest Leaders in 2025 News Aggregation Team Friday, April 11, 2025 1:00 am http://managersofwealth.com/article/117918/power-oil-ampamp-billions-the-worldamprsquos-wealthiest-leaders-in-2025 These leaders hold not only political influence but also immense financial clout that allows them to shape economies, global policies, and even the direction of industries worldwide. Extremely Wealthy Elon Musk’s wealth falls below $300 billion for first time since November News Aggregation Team Wednesday, April 09, 2025 1:00 am http://managersofwealth.com/article/117847/elon-muskamprsquos-wealth-falls-below-300-billion-for-first-time-since-november Musk was the sixth biggest loser on Bloomberg’s list of the world’s 500 richest people on Monday. Overall, the index fell $271 billion — its third-worst day ever. Extremely Wealthy The World’s Wealthiest Cities in 2025 News Team Wednesday, April 09, 2025 1:00 am http://managersofwealth.com/article/117850/the-worldamprsquos-wealthiest-cities-in-2025 This, according to the 4th edition of the annual report published by international wealth and investment migration specialists Henley & Partners in collaboration with global data intelligence firm New World Wealth. Extremely Wealthy Billionaires Lose Combined $208 Billion in One Day From Trump Tariffs News Aggregation Team Monday, April 07, 2025 1:00 am http://managersofwealth.com/article/117794/billionaires-lose-combined-208-billion-in-one-day-from-trump-tariffs The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s 13-year history Extremely Wealthy Elon Musk Lost $11B After Trump's Tariffs—and He Wasn't the Biggest Loser News Aggregation Team Monday, April 07, 2025 1:00 am http://managersofwealth.com/article/117797/elon-musk-lost-11b-after-trumpamp039s-tariffsampmdashand-he-wasnamp039t-the-biggest-loser Bezos lost $15.9 billion from his personal wealth after the tariffs announcement as Amazon shares slid sharply Extremely Wealthy Cantonal banks: Stable pillars of the Swiss financial center News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118001/cantonal-banks-stable-pillars-of-the-swiss-financial-center The current economic environment is characterized by geopolitical upheavals and ongoing uncertainties. Comment & Analysis Bleak bonuses at private banks across Asia News Aggregation Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118015/bleak-bonuses-at-private-banks-across-asia Flattish bonuses, fuelled by 2024's soaring costs, regulatory pressures, and spotty relationship manager performance, have bankers playing it safe. Can 2025 bring better days? Comment & Analysis Pictet Research Institute: BRICS+ and the Great Power competition: investment opportunities News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118023/pictet-research-institute-brics-and-the-great-power-competition-investment-opportunities This intergovernmental organisation originated with Brazil, Russia, India and China and is already showing it can turbo charge growth. Comment & Analysis U.S. Household Total Financial Wealth Exceeds $90 Trillion News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118026/us-household-total-financial-wealth-exceeds-90-trillion Opportunity emerges for financial advisors to build relationships with mass-affluent and high-net-worth clientele Comment & Analysis Ex-Credit Suisse Board Member Keeps Mum on the Collapse News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117975/ex-credit-suisse-board-member-keeps-mum-on-the-collapse As a behavioral economist, she surely could have offered interesting observations straight from the eye of the storm. Comment & Analysis Anyone who follows their bank’s security advice is well protected News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117980/anyone-who-follows-their-bankamprsquos-security-advice-is-well-protected The vast majority of fraud cases do not happen because systems fail, but because people are manipulated – often with very convincing methods. Comment & Analysis Raiffeisen CEO earned less in 2024 News Aggregation Team Wednesday, April 16, 2025 1:00 am http://managersofwealth.com/article/117989/raiffeisen-ceo-earned-less-in-2024 This represents a decrease of approximately 11 percent. Comment & Analysis Credit Suisse: Former Board Member in the Valley of Silence News Aggregation Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117959/credit-suisse-former-board-member-in-the-valley-of-silence As a behavioral economist, she could certainly have contributed interesting observations directly from the eye of the hurricane. Comment & Analysis Four key factors for a successful career in banking News Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117971/four-key-factors-for-a-successful-career-in-banking Given the large number of qualified candidates for each available position, banks can now afford to be particularly picky when employing new staff. Comment & Analysis Is Gen Z ready for the multi-trillion-dollar wealth transfer? News Aggregation Team Tuesday, April 15, 2025 1:00 am http://managersofwealth.com/article/117972/is-gen-z-ready-for-the-multi-trillion-dollar-wealth-transfer Survey highlights opportunity for advisors as heirs receive inheritance Comment & Analysis Imagine: John Lennon’s Glasses Sell For $52,000 At A Charity Auction News Aggregation Team Friday, January 24, 2025 12:00 am http://managersofwealth.com/article/116458/imagine-john-lennonamprsquos-glasses-sell-for-52000-at-a-charity-auction Many extraordinary items were auctioned that night for charity, and one such treasure was a pair of round metal glasses that John Lennon had once owned. Extremely Expensive Patek Philippe squares up to younger buyers with new Cubitus collection News Aggregation Team Tuesday, October 22, 2024 1:00 am http://managersofwealth.com/article/114748/patek-philippe-squares-up-to-younger-buyers-with-new-cubitus-collection President Thierry Stern imagines the new line, which takes its cues from the classic Nautilus bracelet watch, on the wrists of the Gen Z super-rich Extremely Expensive Why This Prototype Rolex ‘Rainbow’ Daytona Could Sell For Millions News Aggregation Team Friday, October 18, 2024 1:00 am http://managersofwealth.com/article/114699/why-this-prototype-rolex-amplsquorainbowamprsquo-daytona-could-sell-for-millions This makes it the Rainbow the most expensive modern regular-production factory Daytona on the market. Extremely Expensive The 15 most expensive cars sold at Monterey Car Week News Aggregation Team Wednesday, August 21, 2024 1:00 am http://managersofwealth.com/article/113571/the-15-most-expensive-cars-sold-at-monterey-car-week From barely-driven Bugattis to race-winning Ferraris to achingly beautiful Alfa Romeos Extremely Expensive Why the F-22 Raptor Is the World’s Most Expensive Fighter Jet News Aggregation Team Tuesday, August 13, 2024 1:00 am http://managersofwealth.com/article/113402/why-the-f-22-raptor-is-the-worldamprsquos-most-expensive-fighter-jet This price is largely due to its pioneering design, which introduced many advanced technologies, including stealth capabilities, sophisticated avionics, and thrust-vectoring nozzles. Extremely Expensive Mukesh Ambani’s wealth rose enough, in a day, to pay for most of a $600 million wedding News Aggregation Team Friday, July 26, 2024 1:00 am http://managersofwealth.com/article/113080/mukesh-ambaniamprsquos-wealth-rose-enough-in-a-day-to-pay-for-most-of-a-600-million-wedding What made Ambani stand out was that he was the only one of the top 20 billionaires to see their wealth rise in what was a brutal day for the mega-elite after the S&P 500 stock index tumbled. Extremely Expensive Prima Asset Management buys Prime Hotel in London News Aggregation Team Monday, June 17, 2024 1:00 am http://managersofwealth.com/article/112279/prima-asset-management-buys-prime-hotel-in-london Prima Asset Management, a Singapore-based real estate asset management company, has acquired the freehold Prime Hotel located in the Paddington area in London. Financial details of the transaction remain undisclosed. The acquisition is part of the compa Extremely Expensive Pink Diamond Scores $13M at Christie’s New York News Aggregation Team Friday, June 14, 2024 1:00 am http://managersofwealth.com/article/112255/pink-diamond-scores-13m-at-christieamprsquos-new-york The auction saw strong participation, with half of the bids coming from the Americas while a quarter came from Europe, and 26% from Asia Pacific and the Middle East combined. Extremely Expensive The Most Expensive Dresses Ever Sold at Auction News Aggregation Team Friday, April 26, 2024 1:00 am http://managersofwealth.com/article/111372/the-most-expensive-dresses-ever-sold-at-auction The dress, from the spring 1967 collection, was made of chain-linked aluminum squares and rectangular plates. Its sale price was a world record for a Paco Rabanne piece. Extremely Expensive Jeff Bezos just leapfrogged Elon Musk as the world’s richest person with a fortune of $200 billion News Aggregation Team Tuesday, March 05, 2024 12:00 am http://managersofwealth.com/article/110365/jeff-bezos-just-leapfrogged-elon-musk-as-the-worldamprsquos-richest-person-with-a-fortune-of-200-billion Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion. Extremely Expensive Winning over the unadvised amid $3.5tn wealth wave News Aggregation Team Friday, April 04, 2025 1:00 am http://managersofwealth.com/article/117769/winning-over-the-unadvised-amid-35tn-wealth-wave Lower fees was cited by 61 per cent of respondents who are not currently advised, alongside trustworthiness at 58 per cent. Research Wealth disparity grows in Finland as rich get richer News Aggregation Team Wednesday, March 12, 2025 12:00 am http://managersofwealth.com/article/117341/wealth-disparity-grows-in-finland-as-rich-get-richer The wealthiest 10 percent of households in Finland now account for more than half of the total net wealth, according to Statistics Finland. Research Calastone research reveals tokenisation could save US$135 billion for asset management industry News Aggregation Team Friday, March 07, 2025 12:00 am http://managersofwealth.com/article/117236/calastone-research-reveals-tokenisation-could-save-us135-billion-for-asset-management-industry The research also identifies that fund processing costs are projected to rise by 32% over the next three years, putting firms under increasing pressure to modernise. Research Client communication outpace wealth managers digital shift News Team Wednesday, February 26, 2025 12:00 am http://managersofwealth.com/article/117079/client-communication-outpace-wealth-managers-digital-shift Investors are shifting towards digital channels, but many wealth managers remain reliant on traditional methods, Avaloq reveals. Research Decision paralysis: two in five say investing is one of life’s toughest decisions News Team Tuesday, February 25, 2025 12:00 am http://managersofwealth.com/article/117051/decision-paralysis-two-in-five-say-investing-is-one-of-lifeamprsquos-toughest-decisions Barclays surveyed 2,000 UK investors to find out what persuaded them to invest for the first time, as well as any challenges they felt they had to overcome. Research Rich people are powering America's economy News Aggregation Team Tuesday, February 25, 2025 12:00 am http://managersofwealth.com/article/117035/rich-people-are-powering-americaamp039s-economy The top 10% of earners are now responsible for almost half of all spending, a record Research Concrete gold is enjoying great popularity again News Aggregation Team Tuesday, February 18, 2025 12:00 am http://managersofwealth.com/article/116910/concrete-gold-is-enjoying-great-popularity-again This limits the potential for further increases in the current year, according to the study on the real estate market presented on Tuesday . Research New Manulife and Deloitte Report: Over Two-Thirds of High-Net-Worth Individuals in Greater China Consider Insurance Essential for Legacy and Succession Planning News Team Monday, February 17, 2025 12:00 am http://managersofwealth.com/article/116888/new-manulife-and-deloitte-report-over-two-thirds-of-high-net-worth-individuals-in-greater-china-consider-insurance-essential-for-legacy-and-succession-planning Manulife Hong Kong collaborates with Deloitte to offer insights into legacy planning solutions for high-net-worth individuals Research LGT presents key findings from the "Wealth for Impact" study News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116830/lgt-presents-key-findings-from-the-ampquotwealth-for-impactampquot-study Over the next 50 years, an unprecedented transfer of wealth will take place, reshaping financial landscapes and intergenerational wealth management. Research Methodology: America’s Top Women Wealth Advisors 2025 News Aggregation Team Wednesday, February 12, 2025 12:00 am http://managersofwealth.com/article/116804/methodology-americaamprsquos-top-women-wealth-advisors-2025 A focus on both qualitative and quantitative factors is imperative. Research How The Ultra-Rich Will Travel In 2025 News Aggregation Team Friday, September 13, 2024 1:00 am http://managersofwealth.com/article/114027/how-the-ultra-rich-will-travel-in-2025 Experts reveal that wealthy individuals are becoming more selective in their future travel plans. They aim to maximize the impact of their investment, prioritizing value over opulence. Executive Travel How HNWIs are elevating luxury travel experiences to extravagant new heights in 2024 News Aggregation Team Thursday, August 15, 2024 1:00 am http://managersofwealth.com/article/113473/how-hnwis-are-elevating-luxury-travel-experiences-to-extravagant-new-heights-in-2024 From ultra-exclusive travel companions to private island buyouts, the affluent are sparing no expense in their pursuit of unparalleled journeys. Executive Travel 7 Essential Destinations for Luxury Travel in 2024 News Aggregation Team Friday, July 05, 2024 1:00 am http://managersofwealth.com/article/112681/7-essential-destinations-for-luxury-travel-in-2024 Travelers should focus on strategic timing, currency exchange rates, and local promotions to maximize their budget while enjoying unparalleled indulgence. Executive Travel Tropical Living: 9 Warm Destinations to Escape the Winter News Team Monday, January 16, 2023 12:00 am http://managersofwealth.com/article/102458/tropical-living-9-warm-destinations-to-escape-the-winter These tropical, sandy, and sunny luxury locales offer a retreat from northern snow and ice Executive Travel Destination Aspen: Colorado’s Ski and Mountain Star News Team Monday, January 09, 2023 12:00 am http://managersofwealth.com/article/102316/destination-aspen-coloradoamprsquos-ski-and-mountain-star Aspen has it all—clean air, culture, designer shops and fine dining, and of course the world’s best skiing and outdoor pursuits. Read on to learn why Aspen is the “Beverly Hills of the mountains,” and take a glimpse of what’s Executive Travel Travellers opting for luxury penguin cruises News Aggregation Team Monday, December 19, 2022 12:00 am http://managersofwealth.com/article/102029/travellers-opting-for-luxury-penguin-cruises Cruising allows nature lovers to access remote areas and enjoy them in luxury accommodation from a small cruise ship which has minimal impact on the delicate environment. Executive Travel On Top of the World: Welcome to Sunny Isles Beach, Miami News Team Monday, October 31, 2022 12:00 am http://managersofwealth.com/article/101011/on-top-of-the-world-welcome-to-sunny-isles-beach-miami Set to redefine the Miami skyline, the two towers of The St. Regis Residences, Sunny Isles Beach, are an exquisite paradise Executive Travel The World’s Most Powerful Passports have the Least Travel Freedom News Team Wednesday, July 20, 2022 1:00 am http://managersofwealth.com/article/98919/the-worldamprsquos-most-powerful-passports-have-the-least-travel-freedom This figure is far behind the global trend where markets in Europe and North America have recovered to around 60% of pre-crisis travel mobility levels. Executive Travel Debunking Top 4 Myths On Private Jet Travel News Aggregation Team Tuesday, May 31, 2022 1:00 am http://managersofwealth.com/article/97937/debunking-top-4-myths-on-private-jet-travel A luxurious vacation in the far-flung lands is now within reach with private jets becoming more accessible for everyone. Executive Travel ‘The haves and have-yachts’: on the trail of London’s super-rich News Aggregation Team Monday, May 23, 2022 1:00 am http://managersofwealth.com/article/97784/amplsquothe-haves-and-have-yachtsamprsquo-on-the-trail-of-londonamprsquos-super-rich We join sociologist Caroline Knowles on a walk across the economic and class divide of the capital to discover how extreme wealth has reshaped our streets Executive Travel Schroders and Cornell University publish stewardship framework on climate risk resilience and adaptation News Team Thursday, April 17, 2025 1:00 am http://managersofwealth.com/article/118016/schroders-and-cornell-university-publish-stewardship-framework-on-climate-risk-resilience-and-adaptation Previous analysis by Cornell ILR and Schroders found four countries central to apparel production risk losing $65 billion in export earnings between now and 2030 due to extreme heat and flooding. Planet SOS From nature to future: how Bloom Biorenewables is turning plants into the building blocks of tomorrow’s products News Team Monday, April 07, 2025 1:00 am http://managersofwealth.com/article/117802/from-nature-to-future-how-bloom-biorenewables-is-turning-plants-into-the-building-blocks-of-tomorrowamprsquos-products The whole team is convinced we’re onto something that has not only huge potential from a market point of view, but could also provide a lasting, sustainable solution for humankind Planet SOS Jupiter Asset Management Turns to Room Zero for Product Profitability News Team Tuesday, April 01, 2025 1:00 am http://managersofwealth.com/article/117692/jupiter-asset-management-turns-to-room-zero-for-product-profitability The bolt-on service can incorporate platform fees, service fees, renewal commissions and rebates into its cost of sales calculations. Planet SOS Rathbones Asset Management adopts SDR labels on two funds News Team Monday, March 31, 2025 1:00 am http://managersofwealth.com/article/117680/rathbones-asset-management-adopts-sdr-labels-on-two-funds RAM has enhanced its disclosures to allow investors to understand its aims and processes in relation to the sustainability objectives of the funds. Planet SOS Balancing innovation & ESG – Davina Goodall-Smith at FundsTech Forum 2025 News Aggregation Team Friday, March 28, 2025 12:00 am http://managersofwealth.com/article/117654/balancing-innovation-ampamp-esg-ampndash-davina-goodall-smith-at-fundstech-forum-2025 She is a seasoned executive board director and board committee chair, bringing expertise in corporate governance, strategic leadership and operational excellence. Planet SOS L&G’s total commitment to nature conservation and sustainable development in emerging markets hits over $1bn with launch of Nature and Social Outcomes strategy News Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117585/lampampgamprsquos-total-commitment-to-nature-conservation-and-sustainable-development-in-emerging-markets-hits-over-1bn-with-launch-of-nature-and-social-outcomes-strategy The newly launched Nature and Social Outcomes strategy further diversifies L&G’s Private Markets platform, expanding its commitments to addressing the critical funding gap faced by developing countries. Planet SOS Unstoppable solar: the sun drives the energy transition News Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117568/unstoppable-solar-the-sun-drives-the-energy-transition Forecasts suggest the value of the entire target market for small solar installations could increase from USD 51 billion to USD 312 billion between 2022 and 2030. Planet SOS World Water Day 2025 - KBI GLOBAL INVESTORS Details Its Expectations of The Water Industry For The Next Quarter Century News Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117573/world-water-day-2025-kbi-global-investors-details-its-expectations-of-the-water-industry-for-the-next-quarter-century Natural resources investment specialist celebrates 25 th year managing water assets with anniversary logo Planet SOS Sustainable finance: from a dogmatic to a pragmatic approach News Team Friday, March 21, 2025 12:00 am http://managersofwealth.com/article/117522/sustainable-finance-from-a-dogmatic-to-a-pragmatic-approach Initially, sustainable investing consisted of making ESG criteria an central pillar of the asset selection process. Planet SOS The environmental and social crises are going to force change on the real economy” – Hubert Keller explores the importance of investing in sustainable businesses News Team Friday, March 21, 2025 12:00 am http://managersofwealth.com/article/117507/the-environmental-and-social-crises-are-going-to-force-change-on-the-real-economyamprdquo-ampndash-hubert-keller-explores-the-importance-of-investing-in-sustainable-businesses Policymakers and headline-writers have focussed on greenhouse gas emissions (GHGs) and rising temperatures – at international conferences, other forms of sustainability have often been overshadowed. Planet SOS Bridging the gap between wealth management and mental health News Team Friday, March 14, 2025 12:00 am http://managersofwealth.com/article/117377/bridging-the-gap-between-wealth-management-and-mental-health Maxine Lace talks about her learnings from working with clients in the front line at our latest Four Pillars of Capital dinner Health & Wellness The Power of One Voice Summit News Team Friday, February 28, 2025 12:00 am http://managersofwealth.com/article/117017/the-power-of-one-voice-summit The evidence is stark - too many youngsters are falling through the net and feel that they don't matter - and with good reason. Health & Wellness What are some of the current challenges for mental health in the workplace? News Team Tuesday, December 31, 2024 12:00 am http://managersofwealth.com/article/115790/what-are-some-of-the-current-challenges-for-mental-health-in-the-workplace In today’s corporate environment, the term "mental health" is increasingly being discussed Health & Wellness Alex Picot Trust Steps Up for Jersey Stroke Support News Team Thursday, November 07, 2024 12:00 am http://managersofwealth.com/article/115082/alex-picot-trust-steps-up-for-jersey-stroke-support Collectively recording 12,516,584 steps, everyone was encouraged to achieve 10,000 steps day. Health & Wellness The convergence of health, wealth and longevity services News Team Friday, October 11, 2024 1:00 am http://managersofwealth.com/article/114567/the-convergence-of-health-wealth-and-longevity-services The convergence of health, wealth and longevity services Health & Wellness The AI-health revolution – future-proofing our golden years News Aggregation Team Monday, September 30, 2024 1:00 am http://managersofwealth.com/article/114325/the-ai-health-revolution-ampndash-future-proofing-our-golden-years The evolution of this tradition symbolises a global phenomenon – individuals, and entire societies, are getting older. Health & Wellness People prioritising future health ahead of future wealth News Aggregation Team Monday, September 09, 2024 1:00 am http://managersofwealth.com/article/113899/people-prioritising-future-health-ahead-of-future-wealth Additionally, 30% are investing weekly in premium dietary supplements like protein shakes and 16% consume a specialist diet. Health & Wellness Summer wellness programme at UBP Hong Kong News Team Wednesday, August 28, 2024 1:00 am http://managersofwealth.com/article/113682/summer-wellness-programme-at-ubp-hong-kong By seamlessly blending educational, physical, and community-focused elements, the action showcases UBP’s commitment to promoting health, well-being, and a positive impact Health & Wellness SJP: We need to talk more about money to improve mental health News Aggregation Team Thursday, May 02, 2024 1:00 am http://managersofwealth.com/article/111474/sjp-we-need-to-talk-more-about-money-to-improve-mental-health But opening up about money can improve people’s mental health, whether they’re sharing their own financial worries or talking to others about theirs. Health & Wellness Mental health ranks as highest employee concern for asset managers News Aggregation Team Friday, January 26, 2024 12:00 am http://managersofwealth.com/article/109659/mental-health-ranks-as-highest-employee-concern-for-asset-managers Work-life balance a key priority Health & Wellness