Managers of Wealth

Luxembourg plots to steal London’s financial crown

The tiny nation wants to become “the European location of choice” for global financial services firms, and is already the biggest centre for fund management in the EU

BTG seeks buyer for private banking arm

Also up for sale is a controlling stake in parking-lot company Allpark Empreendimentos Participacoes e Servicos SA, which could sell for about 1.5 billion reais, two people with knowledge of the situation said this week.

Ex-bankers challenge wealth management dominance

You would expect the founders of a successful independent wealth management business to question the old sales and distribution model of its bank-owned rivals

Morgan Stanley is pulling a surprise move -- and Wall Street loves it

Few investors expected the firm to aggressively restructure its FICC division, according to Hawken.

Morgan Stanley: It’s All About Wealth Management Now

Potential EPS Impact: Assuming no revenue impact and holding all else equal, an 80% efficiency ratio, and the 25% reduction in FICC staff results

NORTH West accountancy firm expands wealth management division with acquisition

"This deal enables me to enjoy a capital event now whilst remaining very active in the business. It secures the future of the business for its clients and key staff from our existing location.

Northern Trust Enhances Global Brokerage Capabilities

Strengthens global trading and transition management services

Credit Suisse Names New Private Bank Heads for China, Australia

Thiam, recruited in July to rebuild investor confidence in Switzerland’s second-largest bank

Aberdeen Targets £25bn Bond Manager Rogge

Aberdeen is pursuing the deal even as client redemptions accelerate amid weakening emerging markets sentiment, Sky News learns.

Younger Wealthy Willing To Dump Advisors Quickly If Needs Aren’t Met

Millennials Signal Disruption for U.S. Wealth Industry With Greater Demand for Automated Robo-Advisors

Catering to Asia’s bank capital appetite

But 30% of the issue also ended up in the hands of extremely eager Asian investors.

Private Banking Industry In Asia. An Increasingly Difficult Business

It is important to correctly define what is meant by private banking, especially in the context of Asia.

LTCM founding partner targets HNWs in robo push

The fund is a globally diversified multi-asset fund, which uses passives to implement its rule-based dynamic asset allocation strategy, and carries an annual management charge of 0.12%.

Close Brothers Asset Management targets HNWs with DB pension service

This dedicated service is designed to meet increasing demand, helping employers and Defined Benefit (DB) scheme trustees to ensure members make an informed choice around transferring into Defined Contribution (DC) pension schemes.

Private equity firm backs wealth firm launch

He will be joined by Monika Kolarich

U.S. Bancorp Turns to Robos to Boost Wealth-Management Assets

U.S. Bancorp’s wealth-management unit has dragged behind its competitors.

Administration of Trusts And Estates in the Digital Age

The Revised UFADAA provides a compromise solution between fiduciaries and internet service providers

World’s biggest bank gets caught up in China investment scandal

Bad marketing and flawed investment products rocking the reputations of Chinese banks have now spread to the world’s biggest lender by assets.

Contrarian ways do it for 7IM fund

Part of the five AAP fund range, the £243m portfolio has returned 35.55 per cent in the past three years, according to data from FE.

Emirates NBD to maintain retail, wealth management momentum

Lender sees double-digit growth in segments, says SME exposure well within acceptable range

Wealth and Asset Management