Managers of Wealth

Erste Bank Hungary to merge investment, private banking arms

The new division will offer the benefits of independent securities market services while taking advantage of its banking foundation.

Funds boutique on buy hunt as revenue doubles

The launch of the Long-Term Investment Solutions platform, and the first close of BSIF on 16 June 2017 at £150 million, was a milestone for the Group.

Focus Financial Catches Another Big Fish

Eton’s customized goals-based approach has won the team multi-generational relationships with ultra-high-net-worth clients in over 20 states, Puerto Rico and Canada.

Two dozen bidders in fray to buy AXA's wealth management unit in HK

Interest in AXA’s unit has mainly come from some insurers, Chinese state-owned enterprises, private investment groups and property companies, the sources said.

Former Gartmore owner approached about Old Mutual funds deal

Hellman & Friedman is among a group of investors being asked to look at bids for part of OMGI, Sky News understands.

South-African Asset Manager Shutters Zurich Bureau

This was the case with Foord Asset Management, a South-African firm that opened a representation in Zurich at the beginning of 2016.

Schmidt Financial Group joins Dynasty Financial Partners

Firm Has Client Assets of More than $300 Million and Demonstrated Strength in Working with Clients in the Technology Space

Partners Group Profitability Surges

Revenue increased by a quarter to 565 million Swiss francs and IFRS profit added 42 percent to 359 million francs.

Australian Banks May Exit Wealth Management Without Being Forced

The government’s response, based on its 2016 inquiry, is closer scrutiny on how retail interest rates are being set, Coleman said.

A more meaningful role for insurance in meeting client needs

Critical illness and health insurance are also rising in demand as people live longer.

Wealth Managers in Hong Kong Face Falling Margins

Although private wealth is surging, managers face stiff competition and new regulations

Creating a more meaningful wealth management market in Vietnam

By comparison, therefore, wealth management is difficult, costly and time-consuming. Not many local banks yet have a clear affluent or HNW strategy.

'Loud wake-up call' for private banks as profits tumble

The report also suggested tougher regulation to stop private banks helping the wealthy evade tax has hit earnings.

Sell warriors; buy wizards by Tim Price

“You think the odds look right, that they are in your favour ?

Taylor Vinters awarded ‘Gold Employer Partner’ by STEP

Members of STEP assist families in all aspects of future planning, including wills, inheritance, the vulnerable and estate management.

Up to 70 Swiss private banks fighting for survival

But many of the affected banks will ultimately have to exit the market, the study concluded.

Take a peek into the world of ultra luxury credit cards; these are definitely not for the faint-hearted

Super premium credit cards are provided to a select few Ultra High Net Worth individuals, who can not only afford the high joining and renewal fee, but can also spend several lakh rupees with every swipe.

HSBC Referring Latin America Private-Banking Clients to UBS

The London-based bank is now focusing on the core countries of Argentina, Brazil, Chile and Mexico in Latin America.

Old Mutual Wealth boss on replatforming lessons and ‘controlled advice’

He discusses the company’s approach to distribution, managing conflicts of interest, and ensuring suitability at restricted advice network Intrinsic.

Meeting the succession needs of business owners in India

The next generation needs to accept the additional responsibilities.

Wealth and Asset Management