04/08/2025
finews.asia Releases 2024 Private Banking AUM League Table
This marks the second consecutive year of growth following a 21.3 percent increase in 2023.
Wealth and Asset Management
04/08/2025
LPL Adds $16B From First Horizon Bank’s Wealth Division
First Horizon Advisors, which has about 110 financial advisors across $16 billion of client assets, will transition to LPL’s Institution Services platform in the second half of this year.
04/08/2025
OCBC’s private bank seeks more staff for Greater China expansion
Despite slower economic growth and a deep property crisis, China is seen as having long-term potential for wealth managers.
04/08/2025
MKC Wealth buys fund research and advice firm Yodelar
The acquisition of Yodelar, which combines fund and portfolio research with an advice arm, will bring MKC's AUM to £2.5bn.
04/08/2025
Why Market Access Remains Important for Swiss Banks
In addition to playing a key role in the domestic market, Swiss banks are exceptionally well positioned internationally.
04/08/2025
Impax Asset Management Group plc Q2 AUM update
On 31 March 2025, the Company’s AUM totalled £25.3 billion, representing a decrease of 25.7% over the three-month period.
04/08/2025
Barclays Top 100 WM tells clients to be patient after tariff shock
Senior investment adviser Tommy Doan explains how the team are mitigating market volatility in the wake of US trade tariffs.
04/08/2025
Aspen Standard Wealth Acquires $2.9 Billion AUM New England Private Wealth Advisors
Aspen creates permanent RIA partnerships by investing in long-term growth and ensuring lasting stability and support.
04/08/2025
Praxis Returns to Fund Administration in Jersey Following Regulatory Approval
The operation in Jersey complements Praxis’ existing fund administration services in the Middle East
04/08/2025
Invesco eyes £275m price tag for software provider Intelliflo
Aberdeen and private equity firm HG Capital are among those looking at the adviser back-office provider.
04/08/2025
St. James’s Place expands financial advisory services in the UAE
The firm has doubled the number of accredited partners in the Middle East to 41
04/08/2025
Hg private wealth offering surpasses $1 billion
The fund is now oversubscribed with a queue of clients waiting to access it, leading Hg to implement quarterly subscription caps to maintain its return target.
04/07/2025
Goldman Sachs brings art advisory service to Asia’s ultra-rich
Bank’s private-wealth division helps clients navigate ‘high degree of complexity’ in the world’s second-largest art market
04/07/2025
Why 2025 will be a pivotal year for European wealth and asset managers
European wealth and asset managers must build a blueprint for success in a constantly shifting landscape.
04/07/2025
Sophie Kennedy: ‘Becoming CEO of a wealth manager at 33 didn’t faze me’
The co-CEO of EQ Investors has weathered Trump and the ESG backlash.
04/07/2025
FNZ raises US$500 million in new capital from existing shareholders to support long-term sustainable growth
The new capital will provide financial strength to support FNZ’s long-term business plan and enduring success with customers.
04/07/2025
Julius Baer further streamlines its organisation to reinforce focus on clients and sustainable growth
With these changes, effective immediately, Julius Baer will enhance the delivery of a simplified and more efficient, client-centric organisation, while adhering to the highest risk standards.
04/07/2025
Private bank Bergos announces family office solutions unit
Bergos Crossroad will also be available to customers who do not use Bergos for private banking.
04/07/2025
Euromoney recognizes Lighthouse Canton as a leader in wealth management and private banking in Singapore & UAE
Wins Best Wealth Manager categories in both Singapore and the United Arab Emirates
04/07/2025
UBS sees 17% upside in S&P 500 after tariff sell-off
The Swiss private bank expects tariffs to ease from the third quarter, but cautions on further short-term downside, while others say use any relief rally to cash out.