Managers of Wealth

The Wealth Boom Isn't Trickling Down to Advisors

Few financial advisors will benefit from the growing level of global wealth, savings accounts for gamers and Schwab reports growth in its advisor business.

Genstar Capital Acquires Majority Stake In Cetera Financial Group

The deal will be a full recapitalization of the broker/dealer, which will retain its current operational structure.

Investors should breathe easy — for now

Other investors, like Mohamed El-Erian, have also said that the United States may be better off because of the tariffs.

Pictet WM: Asia’s industry leaders the better bet

Gaud zeroed in on China’s domestic healthcare industry as an example.

Bill Gates and a group of investors are backing a $30 million 'venture philanthropy' fund to tackle Alzheimer's

Alzheimer's is a brain disease that affects memory, motor functions, and eventually, a person's ability to function properly in daily life.

Hermes sets high target for Asia growth

In view of the ambitious growth target, she said acquisitions are one option, but declined to give any details.

‘Honesty is best policy’ in dealing with HNW clients

He says that this business model is slowly disappearing all over the developed world, and not only in the wealth management business.

Time's Up for the Wealth Management Industry

A recent survey made me feel deeply ashamed to be a part of the industry with the highest recorded prevalence of sexual harassment.

Why would you want to put your money in Switzerland?

The basic background here is that the world is moving towards greater clarity over whose money is where.

Arbuthnot Banking's first-half profit rises, to set up secured lending business

In line with our diversification strategy we have also reached an agreement with an incoming management team to establish a new lending division that will be named Arbuthnot Specialist Lending,” Chairman Henry Angest said.

Wealth management is the new buzzword in financial services sector

The amount of wealth creation is increasing in India, leading to a greater need for people to manage it

What wealth managers can do to get Brexit-ready

Most boardrooms and executive management teams acknowledge that it’s the biggest challenge in what could be the largest ever upheaval of the UK’s financial markets.

Wells Fargo CFO says reputation issues a challenge for wealth unit

He said reputation issues had not hurt profit in the unit, however.

Establishing a Business Presence in the United States

The way ECI and FDAP is taxed and collected differs too.

A first for a Singapore private bank

Currently serves its European clients from its Singapore headquarters and through its parent company OCBC Bank’s London office.

Indosuez beefs up Asia client relations team with 6 bankers

The additions to the team in Hong Kong and Singapore come a year after Indosuez acquired the private banking business of Credit Industriel et Commercial in the two markets.

Investment management group halves gold exposure in its fund range

The gold trade, which we initiated at the end of 2015, has served portfolios well, especially as we moved through a period where markets have been driven more by liquidity than fundamentals.

Standard Life Aberdeen backs £17.5m Saranac fundraise

There two new groups joining the shareholder list, the Noé Family and US based structured credit firm Zais Group.

WH Ireland joins Research Tree’s growing platform

"...we see Research Tree as a great way to help us in maximising the distribution of our research offering"

Wells Fargo wealth unit profit slumps 37% in Q2

The division’s revenue for the quarter ended 30 June 2018 was $3.95bn, down 6% from $4.22bn in the corresponding quarter of 2017.

Wealth and Asset Management