Managers of Wealth

SEC prepares new Credit Suisse charges

The case is unusual for the watchdog, so it is not clear what kind of penalties Credit Suisse might face.

RBS said to plan cost cuts at Coutts UK in first half of 2016

"Following the sale of our international business we are now focused on streamlining our processes and propositions to improve efficiency and ensure our business better meets the needs of our clients," RBS said in an e-mailed statement on Monday

Scotiabank has launched its Scotia Wealth Management brand

Scotiabank says it made the move because it finds clients are demanding more comprehensive advice.

Global Banks’ International Retrenchment Spells Boutique Opportunity

The specialized boutique model is simply a more effective enabler of advisors to provide superior client focus, advice and investment solutions.

Stifel Completes Acquisition Of Barclays Wealth And Investment Management, Americas

Through the combination of the depth of Barclays’ franchise and the breadth of Stifel’s product offerings, we are creating a premier wealth management platform.

Golf's Allure Amid South African Gloom Draws Old Mutual Deal

There may be 150,000 golf-club members in South Africa, the company said, while South African players Branden Grace and Louis Oosthuizen are both ranked in the world’s top 20.

Will Robos Transform The Wealth Management Industry?

Robos provide basic liability assessment, portfolio analytics, asset allocation/rebalancing and tax loss harvesting the systematic sale and replacement of money-losing securities to offset taxes on capital gains for 25-30 basis points in fees

Pictet Says Less Is More in Asian Private Banking

It may be smaller than its big Swiss rivals but a focus on wealth management is winning over clients.

RFU secures partnership with Old Mutual Wealth

The deal sees the UK wealth management business replace insurance company QBE as the title sponsor of the annual autumn internationals series of matches, which will be renamed the Old Mutual Wealth Series from 2016.

First Republic Bank Announces Contract Extension

The Board approved an extension of Herbert's contract as full-time Chairman and CEO through Dec. 31, 2017.

David Silfen, Goldman’s Former Equities Co-Head, Dies at 69

In his new role, Silfen was instrumental in building the firm’s equities derivatives business

Merrill Lynch 2016 Comp Changes Focus on Smaller Advisors

Those who do not could see their upfront cash pay drop over 8 percent, depending on which new production range they fall under.

Morgan Stanley to Recruit Credit Suisse''s Latin America Brokers -- 2nd Update

The transition is expected to be completed in the first half of next year.

Wealth boutiques to merge

The combined business will offer discretionary, advisory and execution-only services. The core offering will be bespoke management.

Super-wealthy could get their own social network, courtesy of Credit Suisse

In October, the Swiss-based bank said that it would close its U.S.-based private equity operations

Guernsey Finance to open Hong Kong office

The central location at Three Pacific Place in Admiralty ensures Guernsey Finance is well-positioned to meet with Hong Kong-based practitioners and others from around Asia.

Aberdeen eyes takeover of £25bn bond manager - report

Comes despite £34bn outflows

Credit Suisse Eyes Social Network For Super Rich

Trademark Filing Cites Auction Services; Brokerages For Art, Yachts And More

Brewin Dolphin shrugs off threat of robo-advisers as it looks to grow financial advice business

Wealth manager believes it can grow despite the rise of computerised financial help

Raymond James to Acquire the US Private Client Services Unit of Deutsche Asset and Wealth Management

“Consistent with our growth strategy, this well-respected unit meets our highly selective parameters for cultural and strategic fit, ability to integrate and value,” said Raymond James CEO Paul C. Reilly. “

Wealth and Asset Management