Managers of Wealth

Independent UK wealth managers pick up younger clients

This is providing an opportunity for companies such as Brooks Macdonald, St James’s Place and Rathbone Brothers to step in

JP Morgan Asset Management has reduced fees for many of its Luxembourg funds

The manager has switched the operational and administrative costs for a portion of its Luxembourg Sicav with $9 billion of assets under management (AUM) from a fixed cost, to a capped, variable cost.

Coutts restructures management team post-international sale

Coutts has said Ewart is currently absent from the business and that it is not in a position to comment any further.

AIM-listed wealth firm completes £3m buy

European Wealth has secured the purchase advisory firm Greensnow.

Wealth managers target clients shunned by larger rivals

But certain firms are targeting these same clients, with a view to gaining more profitable business further down the line.

The next step of evolution: socially responsible wealth managers

Futurologist Mark Stevenson warns that if private client investment managers want to maintain their wealth, they had better start putting it to good use.

Continuous innovation and simplicity the key to delighting future wealth management customers, industry panel finds

A select panel of senior superannuation and wealth management industry representatives has nominated simplicity, identifying customer needs, developing holistic services and providing clients with control as some of the key ingredients to future wealth ma

SJP overhauls asset growth reporting

St. James's Place is simplifying the way it reports assets under management by scrapping the life assurance measure of Annual Premium Equivalent (Ape).

JP Morgan private banker: “We can’t make money anymore…”

Yesterday over coffee, a friend of mine leaked the news that JP Morgan's private banking division here in Singapore is going to start charging negative interest rates.

The Wealth Report Attitudes Survey

Andrew Shirley explores trends in the wealth sector.

'Ballers' depicts wealth advisers, HBO-style

The trailers for the new HBO show “Ballers” may be the wealth management industry's best tool for recruiting new advisers.

Another Swiss private bank Reaches Deal in U.S. Tax Probe

The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.

SEI Wealth Platform Achieves Recognition of Financial Stability

AKG's ratings system assesses providers on a wide variety of different metrics to ascertain a firm's overall financial strength and its ability to act as a long-term partner to advisers in a fast-moving regulatory environment.

Investec plans to spread chief duties

Investec's board has approved a plan that will see group CEO Stephen Koseff and MD Bernard Kantor delegate more of their operational responsibilities to the executives reporting to them

Sallie Krawcheck’s Solution To The Retirement Crisis

It will provide women with the necessary tools to manage their increasing wealth and provide advisors an opportunity to grow their businesses in an underserved market.

Impact Investing for the Millennial: You Too Can Have an Investment Portfolio

But what about everyday folks who want to invest in social enterprises and impact businesses?

Do you really need a private bank?

Private bankers are throwing the doors open as shrinking margins force the industry to widen its net

Jersey FSC visit the Gibraltar Financial Services Commission

The GFSC and the Jersey FSC signed a Memorandum of Understanding on 13 March 2014.

The World's Richest People Lost $70 Billion Yesterday

The world's 400 richest people lost a combined $70 billion on Monday

New Deutsche Bank chief under pressure to reverse fortunes fast

John Cryan will have to hit the ground running at Deutsche Bank when he officially starts as chief executive on Wednesday.

Wealth and Asset Management