06/08/2016
In recent years, U.S. regulators have taken a much closer look at the way wealth managers invest client money, the types of products they sell and the disclosures they provide. As a result, it has gotten harder for advisers turn a profit working with smal
06/07/2016
Over half of HNWIs surveyed believe it is important for their financial advisor or wealth manager to have a strong digital offering – a proportion that rises to almost two-thirds among HNWIs under 45 and in Asia, the report said.
06/07/2016
Financial giant buys South Florida wealth management company
The financial giant bought the local company for $275 million.
06/07/2016
Two drivers that will accelerate this democratization of wealth management are a shift in investor preferences and advances in technology.
06/07/2016
Female professionals say the two biggest concerns that need to be addressed to accelerate the trend are an ability to balance the career with motherhood, and a larger number of women in leadership roles.
06/06/2016
“This reflects how the way we work is changing,” the company said in a memo.
06/06/2016
As a full member of the EU, Cyprus provides all this without the restraints of other EU countries with similar schemes.
06/06/2016
One year in, Credit Suisse stock is down 50 percent. And the investment bank, the second largest in Switzerland after UBS, is in open revolt.
06/06/2016
Elian is expected to generate Revenue of £96 million and EBITDA of £36 million (37.4% margin), representing a CAGR of 9% and 12%, respectively, on Revenue and EBITDA since FYE January 2015 (pro forma for the acquisitions of Allied Trust and SF
06/06/2016
Close Brothers buys London based wealth manager
The firm specialises in servicing high net worth clients, particularly in the media and sports industries.
06/06/2016
Leading independent private banks merge
The deal is expected to have a "modestly positive impact" on earnings per share from the first full year after the merger, before cost savings, the companies added.
06/06/2016
Lyxor’s Alternative UCITS Platform is one of the fastest growing platforms in the industry with $2bn in assets, recording a 30% growth in 2015*.
06/06/2016
Such individuals are often much more personally involved with their philanthropic foundations than they are with their investments.
06/06/2016
The recovery encompassed rises in the firm’s annual revenue and pre-tax net income, which hit £70.3 million – up from £68.1 million the year before – and £12.2 million respectively.
06/03/2016
The Future Of Wealth Management
A great transfer in wealth from aging baby boomers to younger generations is under way, and it is reshaping the wealth management industry in ways that demand greater efficiency and adaptation by incumbent firms.
06/03/2016
SYZ Group CEO believes time is right to establish a presence in China
06/03/2016
That stereotype is now something of an anachronism, insists Zellweger, Director General of Public International Law and Legal Advisor of the Swiss Foreign Ministry.
06/03/2016
The results showed client experience is the number one driver of innovation in banking, with BPO responses highlighting a focus on core business as the key industry driver to outsourcing; closely followed with quality and efficiency.
06/02/2016
Singapore crackdown on BSI Bank signals cost jump for private banking in Asia
Singapore's clampdown on BSI over its ties to a Malaysian state investment fund - its most stringent action in three decades
06/02/2016
The relationship will involve Hartford Funds adopting 10 of Schroders’ existing US mutual funds, with potential for the partnership to expand over time.