Managers of Wealth

Ascentric posts loss after £1.6m tech spend

The cost of moving to a new software system forced Ascentric into a £567,000 pre-tax loss for 2013, down from a £1.84m profit in 2012.

Credit Suisse investment bank revenue up in July, August - finance chief

The Zurich-based firm's revenue from private banking in July and August was similar to that seen last year

Charles Stanley issues second profit warning in five months

"Whilst management have taken actions to reduce the cost base and boost income the Board now expects that, barring a significant improvement in the markets, trading results will be materially below current market expectations."

Wealth firm loss narrows as double buy paves way for new era

However, the loss was narrower than the £270,000 hit it took in the corresponding period of 2013, helped by a more than doubling in revenue from £141,000 to £298,000 in the current review period.

Hargreaves Lansdown unveils record results

Hargreaves Lansdown's revenue, profits, assets under administration and active client numbers rose to new record levels in the year to the end of June.

Mattioli Woods Raises Dividend As Profit Grows, Revenue Mix Shifts

The group's revenue mix changed over the period, meaning it its now more biased towards wealth management, employee benefits and third-party pension administration than it was last year

Sanlam UK advisory business falls into loss

Sanlam Private Investments Wealth Management, the financial planning arm of Sanlam Private Investments (SPI), recorded a loss of more than £340,000 for 2013, its financial results show.

Brief- Edmond de Rothschild Suisse reports H1 group profit of CHF 32.45

Edmond de Rothschild Suisse SA : * Says in H1 after tax, consolidated business profit rose 32.4% to CHF 30.7 million

Geneva's Oldest Bank Reports Profit for the First Time

Consolidated net profit was CHF 62.5 million for the Group

Liechtenstein's biggest bank posts 19 pct first-half profit rise

The acquisition of a select private banking portfolio from HSBC in Switzerland announced in June 2014 is proceeding according to schedule

Van Lanschot posts solid results in first six months of 2014

Over the past six months we have again made important progress in the transformation of Van Lanschot to a specialist wealth management firm.

Valartis Group reports H1 operating income of CHF 21.9 mln

Tight cost management and strategic focusing on international wealth management

Profits plunge at ABN Amro due to one-off costs

Nationalised bank ABN Amro booked net profit of just €39m in the second quarter of 2014, blaming the cost of the switch to a new pension system for the earnings plunge.

RBC reports record Wealth Management net income

Wealth Management net income was a record $285 million, up $52 million or 22% compared to last year, mainly due to higher average fee-based client assets across all businesses resulting from capital appreciation and net sales

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