08/03/2015
ex-Barclays director to launch SJP-backed boutique
When McCue officially leaves the bank in September, Wealth Manager understands that he is planning to set up his own venture, McCue Wealth Management.
Wealth and Asset Management
08/03/2015
Wealth managers must adapt to prosper- Pershing
Wealth managers need to ‘adjust their business propositions’ in order maximise opportunities in a changing industry landscape, according to investment services company Pershing.
08/03/2015
Merrill Lynch Goes After Foreign Clients in 29 Countries
Merrill Lynch’s parent company, Bank of America, sold its offshore wealth-management offices three years ago.
08/03/2015
HSBC could still leave UK despite bank levy tax changes
High taxes pushed the bank to consider moving its HQ to Asia, and George Osborne's move to cut the costs may not be enough to persuade HSBC to stay
07/31/2015
Analysis: Why Advisors Are Leaving Barclays
The deal to sell the wealth management operation to Stifel was supposed to come with 180 advisors managing about $56 billion in offices in 12 cities.
07/31/2015
Why UBS and Credit Suisse aren’t offering big money to hire Asia’s best bankers
UBS and Credit Suisse are both all about Asian private banking right now.
07/31/2015
Swiss private bank sees its China fund business doubling by year-end
"If the market now is stabilizing, I think we can probably easily double (the business) by the end of the year," Nicolas Faller, executive managing director of institutional clients
07/31/2015
AP Group, the parent company of AP Executive, celebrates its 25th year anniversary
The vision of the company was conceived by founder and CEO, Gina Le Prevost, a professionally qualified and experienced recruitment specialist.
07/31/2015
Charles Stanley completes suitability review
Charles Stanley has completed a suitability review of its processes as part of its ambition to become a leading UK wealth manager by 2020.
07/31/2015
Non-doms flock to wealth manager 'dating' service
The online service to match wealth managers with clients, findawealthmanager.com has revealed that the number of resident non-dom users are on the rise.
07/30/2015
Merrill Lynch is refocusing on international wealth management
Merrill Plans Overseas Splash With New International Adviser Group
07/30/2015
For the Wealthy, It’s Hard to Find Good Help
Family offices are hiring household help for HNW clients — but should they get involved?
07/30/2015
SJP halts referrals to Quilter Cheviot ahead of deal
St James’ Place will no longer refer on discretionary mandates to Quilter Cheviot as a result of its buy of Rowan Dartington.
07/30/2015
Between fact and fiction: the Rothschilds in China
The Rothschilds were said to be the wealthiest and most mysterious banking families in Europe during the 19th century
07/30/2015
TD wins coveted customer satisfaction award from J.D. Power
The common element among these services: TD likes to incorporate what it calls the “biscuit”
07/30/2015
Noah Announces Strategic Cooperation with Union Bancaire Privee to Bolster Global Capabilities
The cooperation agreement will enable Noah to grow its global capabilities in research and product design and UBP to increase its reach in the Chinese wealth management market.
07/29/2015
Offering Wealthy Heirs Crash Courses on Art Problematic
Citigroup offers wealthy heirs an art auction crash course, but is it actually a good idea?
07/29/2015
St James' Place swoops on private client broker
The purchase, subject to regulatory approval, will add around £1 billion in assets under management to the company’s current total of £55.5 billion at the end of June.
07/29/2015
Barclays on track to buy African operations from mother company
Barclays Africa Group was also looking to enter the Nigerian market. It had submitted licence applications in the west African country but was awaiting a response.
07/29/2015
Providing Wealth Management Services To Middle-Market Commercial Banking Clients
The amount of additional revenues that are likely range from increases of 50 percent to as much as quadrupling it – a function of the products provided.