Managers of Wealth

LPL Welcomes Back $245M Team, 6 Advisors

Meanwhile, Korean-American bank in Los Angeles affiliates with Cetera BD

Investec Wealth & Investment hits £50 billion

Profits at the wealth arm, headed by Jonathan Wragg, rose 14.1% to £43.2 million, which Investec said was supported by higher than average funds under management and net inflows of £0.7 billion.

Wealth manager focused solely on SRI launches in the UK

In response to demand for SRI focused management

Julius Baer banks on new hires to spur growth

Of the new hires, 115 were via recruitment and 44 came through two acquisitions announced earlier in the year.

Is private banking on the decline in Singapore?

The issue is not so much that we lack the requisite skill and talent among private bankers

Guernsey launches new regime for Private Investment Funds

By constructing a new regime for Private Investment Funds, the GFSC has demonstrated its commitment to the continual evolution of this important sector for the island.

UBS's head of U.S. wealth management bullish about growth

The cuts are part of a broader effort to boost lagging revenue.

UBS Investor Watch Report Shows 9% Increase in HNW Investor Confidence vs. Pre-Election Sentiment

This rise is driven by a sharp increase in optimism among Trump supporters that outweighed a decline among Clinton supporters.

Old Mutual Wealth swoops on advice firm

The acquisition of JW will add £100 million in assets under advice bringing it closer to Old Mutual Wealth Private Clients' stated aim of having over £1 billion and over 40 advisers by the end of the year.

Ethical wealth firm partners with LGT Vestra for launch

David Scott, managing partner at LGT Vestra, added: 'It is clear that many clients are looking to achieve a greater level of positive impact with their wealth.

China’s tightened rules on wealth management products having little effect

Suggestions a trial has now begun to bring unsecured Chinese WMPs, one of the main sources of shadow banking, onto banks’ balance sheets

Family councils and wealth succession planning

Family councils are a good way to manage the wealth

Wells Fargo Goes Robo With SigFig Wealth Management

Digital advice services typically use automated computer models to help build investment portfolios for investors

Meristem Family Wealth Accepts Capital Investment by Richard Schulze-Led Investor Group

Best Buy founder part of team providing growth capital to help fuel Meristem market expansion, investments in client-focused resources

Aberdeen Asset Management Opens Office In Abu Dhabi Global Market

Aberdeen is also the first international asset manager registered with ADGM, setting its base at Abu Dhabi's financial free zone.

ICBC, Credit Suisse venture launches novel China ETF

ICBC has launched a UCITS ETF tracking the S&P China 500 Index

The rise of Mauritius: Africa's fastest growing wealth market

According to the report, the island also boasts some of the most exclusive real estate in Africa

Guernsey launches the smart and simple Private Investment Fund

Guernsey has introduced a Private Investment Fund (PIF) regime which provides fund managers with greater flexibility and simplicity.

Lossmaking online wealth manager Nutmeg raises £30m

Low-cost ‘robo-advisers’ trying to reshape financial advice have had limited success

Julius Baer sees higher investment flows into developed markets on Trump

He expected the move into equities to continue in the near term, along with increased inflows into developed markets.

Wealth and Asset Management