Managers of Wealth

Diamond’s African bank turns its maiden profit

Atlas Mara said that it had made a pre-tax profit of $9.2 million in the first half, compared with a loss of $17.3 million in the same period last year

Swiss bank Pictet reports 11 pct rise in H1 consolidated profit

As with many Swiss wealth managers the bank's asset base was hit when foreign currencies were translated into francs, the value of which has surged in 2015.

CIBC Profit Climbs on Wealth, Consumer Banking; Lifts Payout

Canadian Imperial Bank of Commerce said fiscal third-quarter profit rose 6.2 percent on gains in wealth management and consumer lending. The firm raised its dividend 2.8 percent to C$1.12.

RBC profit climbs 4%; raises dividend

Wealth Management net income of $285 million was flat compared to last year, as higher earnings from growth in average fee-based client assets across all businesses resulting from capital appreciation and net sales was mostly offset by lower transaction v

Van Lanschot: Wealth management strategy improves quality of income

Van Lanschot today released its 2015 interim results.

Valartis Group turns to gross profit of CHF 3.5 mln in H1

H1 posted operating income amounting to 32.4 million Swiss francs 30.6.2014: 21.9 mln Swiss francs

PwC issues disclaimer of opinion for LionGold

It also said it is exposed to certain material uncertainties in relation to guarantees provided and contingent liabilities that could cause significant financial obligations.

ABN profit lifted as provisions for bad loans fall

Net profit surged to 600 million euros ($674 million), an improvement from EUR39 million in the same period a year earlier.

UBS Global Asset Management posts €8.3bn inflows in Q2

Net inflows from clients of UBS’s wealth management businesses were CHF3bn (€2.8bn) compared with CHF5.1bn (€4.7bn) at the end of the first quarter of 2015.

GAM reports net new money inflows of CHF 6.3 billion

Strong net new money inflows and convincing investment performance across the board

Porsche delivers more than 20K vehicles, reports significant growth

Approximately 7,800 compact SUV’s were delivered to consumers around the world during this period.

Rothschild posts €600m net inflows in Q1 2015

Rothschild’s parent company Paris Orléans has announced that its wealth and asset management branches (Rothschild group) have generated revenue of €94.4m during Q1 2015 (March 2015-June 2015).

Buffett’s company reports 37 per cent drop in 2Q earnings

Berkshire Hathaway’s net income fell to $4.01 billion

Manulife core profit rises on wealth management, insurance gains

The company says core profit is a measure of underlying earnings capacity that excludes the impact of short-term factors such as fluctuations in interest rates.

Paschi Swings to Profit

Chief Executive Officer Fabrizio Viola is restoring profit and bolstering the finances of the world’s oldest bank by reducing risk and selling assets after tapping investors twice in less than two years.

Net flows of £1.6 billion for SEI Wealth Platform in UK

The results also follow an announcement that Wells Fargo in the US intends to adopt the wealth management platform

Old Mutual profit rises on U.K., S. Africa boost

Net profit for the six months ended June 30 rose to 260 million pounds ($405.5 million) from GBP213 million the previous year, funds under management climbed 7% to GBP335.7 billion and the interim dividend rose 8% to 2.65 pence.

SEI Advisor Network Reaches $50 Billion in Assets Under Management; Organic Growth Bucks Industry Trend

SEI is deeply invested in helping independent advisors create more time to spend with their clients.

Canaccord Genuity reports consistent growth of fee-based assets across global wealth management business

Global wealth management operations generated revenues of $65.3 million during our first fiscal quarter.

Standard Chartered Profit Fell 37% in First Half

The British bank Standard Chartered said on Wednesday that its profit declined 37 percent in the first half of the year, as the lender reshapes its business under the leadership of William T. Winters, its new chief executive.

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