Managers of Wealth http://managersofwealth.com/ Thu, 27 Mar 2025 22:23:58 GMT part of MediaG8way Group http://managersofwealth.com/ http://managersofwealth.com/assets/images/logo.png Managers of Wealth KohanaPHP Robinhood to bring wealth management, private banking to retail investors News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117605/robinhood-to-bring-wealth-management-private-banking-to-retail-investors Users with as little as $50 in investments can access portfolios of exchange-traded funds managed by Robinhood's investment experts. Wealth and Asset Management Julius Baer to Open Lisbon Office in Southern European Push News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117606/julius-baer-to-open-lisbon-office-in-southern-european-push It will move a team of 14 bankers Wealth and Asset Management Eleven UBS Advisor Teams in Arizona Named to Forbes Best-in-State Wealth Management Teams List News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117608/eleven-ubs-advisor-teams-in-arizona-named-to-forbes-best-in-state-wealth-management-teams-list Six of the teams are based in Phoenix; two are in Tucson, and three are in Scottsdale. Wealth and Asset Management HSBC Private Bank live with new core banking system, Avaloq Banking Suite News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117609/hsbc-private-bank-live-with-new-core-banking-system-avaloq-banking-suite Global giant HSBC has deployed Avaloq’s flagship core banking solution, Avaloq Banking Suite, for its private banking operations. Wealth and Asset Management Arbuthnot Banking Group: Audited Final Results for the year to 31 December 2024 News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117612/arbuthnot-banking-group-audited-final-results-for-the-year-to-31-december-2024 Strategic progress and growth in net assets per share Wealth and Asset Management Julius Baer's HK and SG team leaders face chop in global restructure News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117613/julius-baeramp039s-hk-and-sg-team-leaders-face-chop-in-global-restructure Julius Baer is sweeping away team leader roles in Hong Kong and Singapore as part of a wider restructure to reduce costs. Wealth and Asset Management Quintet 2024 net profit rises to €68 million, up 45% News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117614/quintet-2024-net-profit-rises-to-ampeuro68-million-up-45 This reflects increases in both private banking assets under management and institutional assets under custody. Wealth and Asset Management Wealth Enhancement to Join Forces with Marcum Wealth, an Independent RIA with Over $4.3 Billion in Client Assets News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117616/wealth-enhancement-to-join-forces-with-marcum-wealth-an-independent-ria-with-over-43-billion-in-client-assets The team oversees more than $4.3 billion in client assets and is led by Eric Wulff, Chief Executive Officer. Wealth and Asset Management Evelyn Partners recorded an 11.8% rise in Adjusted EBITDA in 2024 and strategically repositioned to focus exclusively on wealth management News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117617/evelyn-partners-recorded-an-118-rise-in-adjusted-ebitda-in-2024-and-strategically-repositioned-to-focus-exclusively-on-wealth-management The wealth management business delivered another strong year in 2024, with £8.0 billion gross inflows, AUM closing the year at a record high of £63.0 billion and Adjusted EBITDA rising to £174.3 million. Wealth and Asset Management NatWest settles 'de-banking' dispute with Nigel Farage News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117619/natwest-settles-amp039de-bankingamp039-dispute-with-nigel-farage The row began in 2023 when Farage claimed that Coutts, owned by NatWest, shut his account without explanation. Wealth and Asset Management Truxton Wealth Strengthens Advisory Team with Key Promotions News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117604/truxton-wealth-strengthens-advisory-team-with-key-promotions She also holds the Certified Trust and Financial Advisor designation and is a member of the Middle Tennessee Estate Planning Council. Executive Moves Clemens Kaiser appointed Chief Country Officer Switzerland and CEO of Deutsche Bank (Suisse) SA News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117611/clemens-kaiser-appointed-chief-country-officer-switzerland-and-ceo-of-deutsche-bank-suisse-sa He succeeds Alessandro Balestra who covered both positions ad interim after Loïc Voide left Deutsche Bank in November 2024. Executive Moves Troy promotes co-manager on flagship Trojan fund News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117623/troy-promotes-co-manager-on-flagship-trojan-fund Charlotte Yonge and Tomasz Boniek will become co-manager of the firm’s multi-asset and global income strategies, respectively. Executive Moves UBS hires RBC Capital biotech bankers in U.S. health-care push News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117577/ubs-hires-rbc-capital-biotech-bankers-in-us-health-care-push Noël Brown will become head of biotechnology at UBS, while Tim Chung and Alex Lim are both joining as managing directors Executive Moves Quilter Cheviot hires Tim Armitage as investment strategist News Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117586/quilter-cheviot-hires-tim-armitage-as-investment-strategist He will also develop and maintain forecasting scorecards and models, and provide commentary on financial markets to clients, advisers and Quilter Cheviot’s investment managers. Executive Moves Canaccord Wealth appoints new Head of International Distribution News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117588/canaccord-wealth-appoints-new-head-of-international-distribution He has joined the business as part of Canaccord Wealth’s acquisition of Brooks Macdonald International, where he had worked for ten years. Executive Moves Butterfield expands banking team in Jersey News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117589/butterfield-expands-banking-team-in-jersey Daniel Peters, who has extensive expertise providing banking to the fiduciary and fund sectors, has joined their Corporate Banking team. Executive Moves Vaud-based Investment Manager Hires Former CS Investment Expert News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117592/vaud-based-investment-manager-hires-former-cs-investment-expert He joined the firm this month in the city of Lutry. Executive Moves Arab Bank Switzerland to appoint BCGE stalwart as CEO News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117593/arab-bank-switzerland-to-appoint-bcge-stalwart-as-ceo New head Yves Spörri ran multiple departments at Banque Cantonale de Genève. Executive Moves Change in the management of BEKB News Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117595/change-in-the-management-of-bekb He will temporarily support the Executive Board led by Armin Brun on strategic matters and ensure a careful handover of the department until his departure from BEKB. Executive Moves Zurich property boutique obtains Finma licence News Aggregation Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117565/zurich-property-boutique-obtains-finma-licence Seraina Invest has picked up its Finma licence as it sets its sights on launching new real estate funds. Legal,Regulation,Tax & Compliance Three ways to improve current sentiment for AIM News Team Wednesday, March 19, 2025 12:00 am http://managersofwealth.com/article/117460/three-ways-to-improve-current-sentiment-for-aim Consequently, UK stocks listed on AIM will now have a 20% inheritance tax applied to them, as part of measures aimed at raising up to £2bn. Legal,Regulation,Tax & Compliance BlackRock drops sustainability-related terms from 56 funds ahead of ESMA deadline News Aggregation Team Wednesday, March 19, 2025 12:00 am http://managersofwealth.com/article/117472/blackrock-drops-sustainability-related-terms-from-56-funds-ahead-of-esma-deadline Fellow US manager Federated Hermes also adjusts names, exclusions for ESG, SDG and biodiversity funds. Legal,Regulation,Tax & Compliance Swiss Banks Caught in Crossfire as Spain Intensifies Tax Scrutiny News Aggregation Team Monday, March 17, 2025 12:00 am http://managersofwealth.com/article/117402/swiss-banks-caught-in-crossfire-as-spain-intensifies-tax-scrutiny Relocating to Spain can be highly lucrative for professionals due to tax advantages. Legal,Regulation,Tax & Compliance FCA bans and fines Crispin Odey £1.8m News Aggregation Team Monday, March 17, 2025 12:00 am http://managersofwealth.com/article/117415/fca-bans-and-fines-crispin-odey-amppound18m The founder of Odey Asset Management has been fined and banned for showing ‘reckless disregard’ for governance. Legal,Regulation,Tax & Compliance Former B. Riley wealth platform head launches RIA News Aggregation Team Friday, March 14, 2025 12:00 am http://managersofwealth.com/article/117374/former-b-riley-wealth-platform-head-launches-ria Thomas Kowalczyk has stood up Steadtrust LLC, a Dallas-area RIA. Legal,Regulation,Tax & Compliance UBS Receives Approval for Restructuring in China News Aggregation Team Thursday, March 13, 2025 12:00 am http://managersofwealth.com/article/117346/ubs-receives-approval-for-restructuring-in-china The China Securities Regulatory Commission has approved the sale of a 36.01 percent stake to Beijing State-owned Assets Management. Legal,Regulation,Tax & Compliance ASIC bans former director of Suetonius Wealth Management News Aggregation Team Thursday, March 13, 2025 12:00 am http://managersofwealth.com/article/117363/asic-bans-former-director-of-suetonius-wealth-management Additionally, ASIC determined that Mr Surtenich lacked the necessary judgement and competence to be a financial adviser. Legal,Regulation,Tax & Compliance FINMA provides information on the status of licences issued to portfolio managers and trustees News Team Tuesday, March 11, 2025 12:00 am http://managersofwealth.com/article/117306/finma-provides-information-on-the-status-of-licences-issued-to-portfolio-managers-and-trustees The new licensing requirements, which must be complied with at all times, primarily serve to protect investors from unfair business practices and to strengthen the reputation of the Swiss financial centre. Legal,Regulation,Tax & Compliance Saffery Trust Associate Director receives STEP Founder’s Award for Outstanding Achievement News Aggregation Team Thursday, March 06, 2025 12:00 am http://managersofwealth.com/article/117228/saffery-trust-associate-director-receives-step-founderamprsquos-award-for-outstanding-achievement In 2023, under Matthew’s leadership, Guernsey became the first jurisdiction globally to launch STEP NextGen, followed by the Cayman Islands STEP NextGen initiative, which is sponsored by Saffery Trust. Legal,Regulation,Tax & Compliance Best-Performing Fund Brands Globally According to the 2025 Broadridge Fund Brand 50 Report News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117602/best-performing-fund-brands-globally-according-to-the-2025-broadridge-fund-brand-50-report BlackRock Regains Top Spot in the U.S. in Broadridge’s Fund Brand 50 2025 Report FinTech Hargreaves Lansdown extends free electronic voting service to US and Canadian stocks, giving 1.9m retail investors a greater voice News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117610/hargreaves-lansdown-extends-free-electronic-voting-service-to-us-and-canadian-stocks-giving-19m-retail-investors-a-greater-voice The electronic service, which has been available for UK and EU equities since January 2023 FinTech Robinhood moves into wealth management and private banking News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117627/robinhood-moves-into-wealth-management-and-private-banking Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool. FinTech Mediobanca strengthens its investments in AI and cloud-based computing solutions by consolidating its partnership with Microsoft News Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117552/mediobanca-strengthens-its-investments-in-ai-and-cloud-based-computing-solutions-by-consolidating-its-partnership-with-microsoft Developing staff members’ digital competences, which is central to the partnership with Microsoft and applies across the whole Group FinTech The Next Frontier: How AI and Gen AI Are Transforming Wealth Management in Asia News Aggregation Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117555/the-next-frontier-how-ai-and-gen-ai-are-transforming-wealth-management-in-asia As the initial wave of excitement surrounding AI innovation has settled, firms are moving beyond theoretical discussions and experimental pilot programs toward tangible, scalable applications. FinTech French wealth management fintech RockFi garners €18m funding News Aggregation Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117560/french-wealth-management-fintech-rockfi-garners-ampeuro18m-funding With this fresh capital, RockFi aims to fast-track its expansion and reach its target of managing €1bn in assets by the close of 2026. FinTech Sygnum Establishes Lugano Office and Launches Bitcoin Initiative to Advance Regulated Bitcoin Products and Research News Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117536/sygnum-establishes-lugano-office-and-launches-bitcoin-initiative-to-advance-regulated-bitcoin-products-and-research Sygnum’s new Lugano office will serve as a convenient local access point for Sygnum’s expanding roster of Ticino based clients, prospects and partners. FinTech HTL Private Office expands client offering with platform partnership News Aggregation Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117540/htl-private-office-expands-client-offering-with-platform-partnership The Sydney-based advice firm has announced a partnership with HeirWealth to help its advisers better meet the needs of their high-net-worth clients. FinTech Private banking is strolling to catch an accelerating crypto train News Aggregation Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117548/private-banking-is-strolling-to-catch-an-accelerating-crypto-train Institutional money is changing the relationship between crypto and traditional finance, private banking must move fast or miss out. Rani Jabban writes. FinTech Wealth managers begin journey towards tech-led portfolio allocation News Aggregation Team Friday, March 21, 2025 12:00 am http://managersofwealth.com/article/117517/wealth-managers-begin-journey-towards-tech-led-portfolio-allocation But after much hype and little action, new technologies are finally beginning to shape the way assets are being managed. FinTech 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 Playing it safe is no longer an option for family offices News Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117579/playing-it-safe-is-no-longer-an-option-for-family-offices In the face of this growing complexity, sitting tight is not an option: family offices and private wealth managers need to adapt to ensure their wealth is not exposed to unnecessary risk. Family Office Family offices fuel AI push in private markets News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117581/family-offices-fuel-ai-push-in-private-markets Private markets are increasingly viewed as a key route to investing in earlier-stage innovation, and a way to reduce reliance on public tech giants. Family Office Ex-UBS duo launch multi-family office in Geneva News Aggregation Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117549/ex-ubs-duo-launch-multi-family-office-in-geneva Aion Wealth Partners has announced its launch with two ex-UBS employees at its helm, Rémi Beuxe and Hugo Revollet. Family Office Rich Chinese alleges family office staff misused $74 million News Aggregation Team Wednesday, March 19, 2025 12:00 am http://managersofwealth.com/article/117456/rich-chinese-alleges-family-office-staff-misused-74-million A judge upheld a worldwide order to freeze the assets of the employees, who were based in Singapore, along with a British Virgin Islands entity controlled by them. Family Office Family offices of the future: Hong Kong’s new economic ecosystem News Aggregation Team Friday, March 14, 2025 12:00 am http://managersofwealth.com/article/117375/family-offices-of-the-future-hong-kongamprsquos-new-economic-ecosystem The alliance between family offices and innovative start-ups paints a promising picture of the city’s dynamic investment landscape Family Office From Wealth Preservation To Value Creation: Family Offices' Venture Capital Revolution News Aggregation Team Friday, March 14, 2025 12:00 am http://managersofwealth.com/article/117389/from-wealth-preservation-to-value-creation-family-officesamp039-venture-capital-revolution This transformation represents both opportunity and challenge for the venture capital industry. Family Office Len Blavatnik: Family offices ‘should invest’ to power growth of UK life sciences sector News Aggregation Team Friday, March 14, 2025 12:00 am http://managersofwealth.com/article/117390/len-blavatnik-family-offices-amplsquoshould-investamprsquo-to-power-growth-of-uk-life-sciences-sector Philanthropists and family offices have a vital role to play by seizing the high-risk, high-reward opportunities that can lead to groundbreaking innovation, said Sir Leonard Blavatnik Family Office Asian family office sets up in Melbourne News Aggregation Team Thursday, March 13, 2025 12:00 am http://managersofwealth.com/article/117351/asian-family-office-sets-up-in-melbourne The Asian-based multi-family office platform has set up Vector Capital Management which will be led by veteran investment professional William Fong. Family Office New Wealth Management Firm, Five Eleven Partners, Launches to Redefine the Family Office Experience News Team Wednesday, March 12, 2025 12:00 am http://managersofwealth.com/article/117325/new-wealth-management-firm-five-eleven-partners-launches-to-redefine-the-family-office-experience Firm Taps Industry Vets to Serve Select Number of Families Family Office Hermès Taps BNP Paribas CEO, Former Spy for Luxury Group’s Board News Aggregation Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117594/hermampegraves-taps-bnp-paribas-ceo-former-spy-for-luxury-groupamprsquos-board The family-controlled company known for its Birkin bags named Bonnafé Luxury Luxury castle hotel reopens following £20m investment News Aggregation Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117528/luxury-castle-hotel-reopens-following-amppound20m-investment Carefully curated by owners Alison and Steve Timoney to transport guests back to a forgotten bygone era, the designs reveal art-deco inspired interiors. Luxury Sotheby’s seeks greater investment in luxury properties News Aggregation Team Wednesday, March 19, 2025 12:00 am http://managersofwealth.com/article/117469/sothebyamprsquos-seeks-greater-investment-in-luxury-properties The entry of Sotheby’s International Realty into the Philippines has led to the establishment of the Philippine Sotheby’s International Realty Luxury From Flamboyant to Playful: Watch Novelties from the LVMH Universe News Aggregation Team Tuesday, March 18, 2025 12:00 am http://managersofwealth.com/article/117438/from-flamboyant-to-playful-watch-novelties-from-the-lvmh-universe Later editions took place in Singapore and Miami, and for 2025, Los Angeles was on the agenda. Luxury Mercedes new CLA EV blows the competition out the water with 492 miles of range for around £40k News Aggregation Team Tuesday, March 18, 2025 12:00 am http://managersofwealth.com/article/117445/mercedes-new-cla-ev-blows-the-competition-out-the-water-with-492-miles-of-range-for-around-amppound40k Mercedes says both petrol and EV models will be priced similarly – a big step in the current climate where the electric versions of popular combustion cars tend to have a premium of up to £10,000. Luxury How the rise of HNWIs is shaping Malaysia’s luxury property boom News Aggregation Team Monday, March 10, 2025 12:00 am http://managersofwealth.com/article/117265/how-the-rise-of-hnwis-is-shaping-malaysiaamprsquos-luxury-property-boom This revival signals more than just market recovery; it represents a recalibration of investment strategies among the world's affluent. Luxury How ultra-luxury brands are charming the 1% News Aggregation Team Friday, March 07, 2025 12:00 am http://managersofwealth.com/article/117249/how-ultra-luxury-brands-are-charming-the-1 Ultra-luxury brands, such as Grace Chen and Stefano Ricci, are bucking the industry downturn by charming HNWI customers. Luxury Luxury brands should recalibrate strategies amid market slowdown: Kearney News Aggregation Team Thursday, March 06, 2025 12:00 am http://managersofwealth.com/article/117235/luxury-brands-should-recalibrate-strategies-amid-market-slowdown-kearney Luxury brands should recalibrate strategies amid market slowdown: Kearney Luxury British luxury carmaker Aston Martin cuts 170 jobs as Chinese demand slumps and losses soar News Aggregation Team Thursday, February 27, 2025 12:00 am http://managersofwealth.com/article/117086/british-luxury-carmaker-aston-martin-cuts-170-jobs-as-chinese-demand-slumps-and-losses-soar Aston Martin, which is slowly transitioning to electric car models, said it hoped for annualised savings of £25 million. Luxury Wealthy millennials are spending thousands on Jaguar Land Rover monthly subscriptions as flexibility becomes the newest form of luxury News Aggregation Team Wednesday, February 26, 2025 12:00 am http://managersofwealth.com/article/117060/wealthy-millennials-are-spending-thousands-on-jaguar-land-rover-monthly-subscriptions-as-flexibility-becomes-the-newest-form-of-luxury Nevertheless, it has underscored the group’s determination to target the next generation of wealthy carbuyers. Luxury Warren Buffett’s Net Worth Surges $19 Billion News Aggregation Team Monday, March 17, 2025 12:00 am http://managersofwealth.com/article/117400/warren-buffettamprsquos-net-worth-surges-19-billion Buffett mostly buys public companies with strong brands that he thinks are undervalued. Extremely Wealthy China Still Grows the Most Billionaires News Aggregation Team Wednesday, March 12, 2025 12:00 am http://managersofwealth.com/article/117320/china-still-grows-the-most-billionaires Elon Musk of Tesla and two other companies with X in their names, was mentioned as a popular choice to lead the pack, a little more than a century after John D. Rockefeller became the first billionaire in 1916. Extremely Wealthy Meet the women controlling the wealth of Australia’s richest families News Aggregation Team Friday, March 07, 2025 12:00 am http://managersofwealth.com/article/117259/meet-the-women-controlling-the-wealth-of-australiaamprsquos-richest-families Family offices in Australia have traditionally been run by men but as wealth shifts to the next generation and tech fortunes change the game, more women are taking the reins. Extremely Wealthy Warren Buffet’s wealthy wisdom: Reasons why most people never achieve wealth News Aggregation Team Thursday, March 06, 2025 12:00 am http://managersofwealth.com/article/117223/warren-buffetamprsquos-wealthy-wisdom-reasons-why-most-people-never-achieve-wealth Warren Buffet's wisdom of wealth is not complex but requires discipline and understanding the properties of an ideal investor. Extremely Wealthy Billionaires’ fortunes plummet: Elon Musk loses $90 billion amid market turmoil, here’s what Jeff Bezos, and Mark Zuckerberg lost News Aggregation Team Monday, March 03, 2025 12:00 am http://managersofwealth.com/article/117152/billionairesamprsquo-fortunes-plummet-elon-musk-loses-90-billion-amid-market-turmoil-hereamprsquos-what-jeff-bezos-and-mark-zuckerberg-lost Musk alone has seen his net worth decline by $90 billion, reflecting the broader market turbulence that has unsettled investors and corporate giants alike. Extremely Wealthy How Much Do You Need to Earn to Be Wealthy? £213k, According to New Insight From HSBC UK News Aggregation Team Thursday, February 27, 2025 12:00 am http://managersofwealth.com/article/117087/how-much-do-you-need-to-earn-to-be-wealthy-amppound213k-according-to-new-insight-from-hsbc-uk High earners also place the threshold for wealth much higher, citing £724,000 as the income it takes to be considered wealthy. Extremely Wealthy Why Warren Buffett Is Sitting on $321 Billion in Cash News Aggregation Team Monday, February 24, 2025 12:00 am http://managersofwealth.com/article/117021/why-warren-buffett-is-sitting-on-321-billion-in-cash Meanwhile, Buffett’s expansion into Japanese trading firms continues, with Berkshire’s holdings in these companies rising beyond previous limits. Extremely Wealthy Billionaire Steve Feinberg Vows to Divest Cerberus Stake as Wealth Detailed News Aggregation Team Friday, February 21, 2025 12:00 am http://managersofwealth.com/article/116992/billionaire-steve-feinberg-vows-to-divest-cerberus-stake-as-wealth-detailed Feinberg, whose wealth is valued at $6.6 billion by the Bloomberg Billionaires Index, said in the US Office of Government Ethics filing that he has roles in 436 entities. Extremely Wealthy Wealthy Americans Are Leaving – Where Are They Going? News Aggregation Team Thursday, February 20, 2025 12:00 am http://managersofwealth.com/article/116949/wealthy-americans-are-leaving-ampndash-where-are-they-going More than ever, high net worth individuals are seeking alternative residence and citizenship options to secure their financial futures and personal freedoms. Extremely Wealthy Audrey Hepburn’s Stunning Former Switzerland Home Hits the Market News Aggregation Team Wednesday, February 19, 2025 12:00 am http://managersofwealth.com/article/116931/audrey-hepburnamprsquos-stunning-former-switzerland-home-hits-the-market The Academy Award-winning actress lived on the sprawling grounds of "Le Paisable" for 30 years, until her death in 1993 Extremely Wealthy How Gen Z and Millennials Will Shape the Fintech Industry News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117603/how-gen-z-and-millennials-will-shape-the-fintech-industry The experts considered six Southeast Asian countries: the Philippines, Indonesia, Vietnam, Thailand, Singapore, and Malaysia. Comment & Analysis Swiss equities as a portfolio diversification enhancer News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117607/swiss-equities-as-a-portfolio-diversification-enhancer Despite recent challenges, including currency fluctuations and limited tech exposure, several catalysts suggest a recovery potential for 2025 onwards, supported by attractive valuations and growth potential. Comment & Analysis UBS: Ethos criticises remuneration, share buyback programme and sustainability report News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117615/ubs-ethos-criticises-remuneration-share-buyback-programme-and-sustainability-report Ethos also regrets that the bank is withdrawing certain sustainability commitments and recommends to vote against the sustainability report. Comment & Analysis Economic signals contrast with the interest rate decision News Aggregation Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117624/economic-signals-contrast-with-the-interest-rate-decision The SNB must have had other reasons for the recent interest rate cut than economic sentiment. Comment & Analysis UK Spring Statement reaction News Team Thursday, March 27, 2025 12:00 am http://managersofwealth.com/article/117625/uk-spring-statement-reaction Schroders UK investment experts respond to the UK's Spring Statement from Chancellor Rachel Reeves Comment & Analysis IQ-EQ achieves STEP Employer Partner Platinum accreditation across Crown Dependencies News Team Wednesday, March 26, 2025 12:00 am http://managersofwealth.com/article/117583/iq-eq-achieves-step-employer-partner-platinum-accreditation-across-crown-dependencies The STEP Employer Partnership Programme is a widely respected benchmark for organisations that invest in their people and clients. Comment & Analysis Why these RIA firms are sitting out the M&A trend News Aggregation Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117550/why-these-ria-firms-are-sitting-out-the-mampampa-trend Leaders at Five Eleven Partners and Johnson Investment Counsel speak out on the costs of consolidation, the pros and cons of PE, and how they're planning ahead for clients and advisors. Comment & Analysis The global rate-cutting cycle has further to go News Team Tuesday, March 25, 2025 12:00 am http://managersofwealth.com/article/117551/the-global-rate-cutting-cycle-has-further-to-go The Federal Reserve and Bank of England held their rates steady, while the Swiss National Bank implemented a 25-basis-point rate cut. Comment & Analysis CaixaBank Volunteering mobilises 20,000 volunteers annually in activities that benefit 430,000 vulnerable people News Aggregation Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117527/caixabank-volunteering-mobilises-20000-volunteers-annually-in-activities-that-benefit-430000-vulnerable-people CaixaBank Volunteering organised nearly 30,000 activities across the country in 2024, involving 17% more people than in 2023 Comment & Analysis Worlds Best Bank Awards 2025 – Western Europe News Team Monday, March 24, 2025 12:00 am http://managersofwealth.com/article/117530/worlds-best-bank-awards-2025-ampndash-western-europe The May report will also feature selections for the Best Islamic Financial Institutions, the Best Banks by US Region and the World’s Best Banks by Region. 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 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 Top 10 trends in private wealth for 2025 News Team Tuesday, January 21, 2025 12:00 am http://managersofwealth.com/article/116374/top-10-trends-in-private-wealth-for-2025 With the economic and social factors that led voters to turn against incumbents in 2024 set to persist for years to come 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 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 Out of thin air: how Twelve is closing the carbon loop by turning emissions into products News Team Tuesday, March 04, 2025 12:00 am http://managersofwealth.com/article/117158/out-of-thin-air-how-twelve-is-closing-the-carbon-loop-by-turning-emissions-into-products Making those same products from CO₂ and water instead [of fossil fuels] has big environmental benefits. Planet SOS DBS named World’s Best Bank for Sustainable Finance by Global Finance News Team Monday, February 24, 2025 12:00 am http://managersofwealth.com/article/117003/dbs-named-worldamprsquos-best-bank-for-sustainable-finance-by-global-finance Recognised for leadership in sustainable finance, including innovative solutions that accelerate Asia's transition agenda, drive cross-border impact, and empower corporates and SMEs Planet SOS Green Finance Under Trump 2.0: West Retreats, East Rises? News Aggregation Team Friday, February 14, 2025 12:00 am http://managersofwealth.com/article/116855/green-finance-under-trump-20-west-retreats-east-rises Less than one month since his inauguration as the 47th President of the United States, Donald Trump has made a flurry of seismic moves including in the field of climate change. Planet SOS Breaking barriers in cleantech: how Calyxia is leading the charge against microplastic pollution and transforming industries News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116843/breaking-barriers-in-cleantech-how-calyxia-is-leading-the-charge-against-microplastic-pollution-and-transforming-industries The need for innovative, sustainable solutions has never been more urgent. Planet SOS ESG Economist - Adapting to the heat: on climate resilience and adaptation finance News Team Thursday, February 13, 2025 12:00 am http://managersofwealth.com/article/116848/esg-economist-adapting-to-the-heat-on-climate-resilience-and-adaptation-finance Many countries are already experiencing negative impacts from acute or chronic physical risk. 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