Managers of Wealth

St. James's Place Academy toasts its 200th graduate

Academy candidates come from a wide range of backgrounds, but are often people looking for a career change or a new challenge.

Credit Suisse's Thiam asks investors for patience over new strategy

We are building our platform for the future," Thiam told shareholders at its annual general meeting in Zurich, delivering his speech in a mixture of French and German.

Bank Vontobel eyes Asia with offering of global access

Being focused and targeted is a good thing in the Asian private banking industry today.

Brexit and global growth top wealth manager fear list

Britain leaving the European Union and sluggish global growth top the list of fears among wealth managers according to a survey by Jupiter.

Few Financial Advisors Have About Succession Plans

Financial advisory practices are small businesses. As such, they face the issues most small business face and one of those issues is succession. Only 30 percent have succession plans and many of those plans are of dubious quality.

Switzerland’s largest independent private bank to allow clients to domicile wealth in UK

Offers asset and wealth management services, said it hopes to allow customers to register assets through an onshore booking centre in London from the second half of this year, subject to approval from the UK financial regulator.

How Barclays and BlackRock Pulled Off a $10 billion Tax Dodge

The profits passed through Luxembourg

Convergent Wealth Advisor among Top Financial Advisors of 2016

The publication's April issue ranks the top fee-only advisers in the Washington metro area and hit newsstands at the beginning of the month.

Natixis Global Asset Management wins prestigious award

Natixis Recognized for Excellence in Advisor Support and for Offering Broad Solutions to Investors

Nedbank Private Wealth Wins Best UK Private BAnk For Second Year Running

The awards were announced in April at a Gala Dinner at The Guildhall, which was hosted by BBC news presenter, Sophie Raworth.

Raymond James Warns DOL Is Key Consolidation Accelerant

As the industry continues to digest what the fiduciary rule means, advisors will need “to diversify their service offering” as a means to delivering “more value to prevent fee compression.”

UBS to revamp wealth management business to cut costs

The people close to the plans insisted that the planned changes for wealth management were about seizing a strategic opportunity and not about responding to weakness in the division’s performance.

Cim Global Business voted Best Fund Administrator in Mauritius 2016

Acquisition International is a monthly magazine published by AI Global Media, a UK-based publishing house with a global reach, and its prestigious Fund Awards act as a guide to the very best firms and individuals in the fund industry.

Wealth manager EFG to contest increase in Transamerica premiums

Today's update confirms our view that significant risks exist," Bank Vontobel analyst Andreas Venditti said in a note to investors.

Swiss Regulator Probes Coutts in International Investigation

Royal Bank of Scotland Group Plc said regulators are investigating the Coutts International private-banking business it sold to Union Bancaire Privee last year.

Schroders launches total return commodity fund

The new fund will offer commodities exposure with a flexible approach, allowing the team to take advantage of a wide range of opportunities, as well as limit downside risk.

EFG Buys Luxembourg Private Bank

The transaction will significantly strengthen EFG International’s presence in Luxembourg and will reinforce the Bank’s focus on growing its wealth management presence in Europe.

Clipper World Yacht Race – Tragedy strikes in Race 9

Owner of a personal lifestyle company providing services for private high net worth individuals

Guernsey-based fiduciary company expands into Malta

The operation will focus on wealth planning for high-net-worth individuals and include property development structuring, VAT services, pension provision, yacht registration, corporate services and intellectual property and image rights structuring.

RBC Royal Bank launches private banking in Cayman

Patrice Ritchie, interim head, Private Banking, noted the bank’s service philosophy is based on a personal relationship with each client.

Wealth and Asset Management