04/17/2015
Close Brothers buys Scottish IFA
Andy Cumming, head of advice at Close Brothers Asset Management, said the acquisition will strengthen the group's integrated wealth presence in Scotland.
Wealth and Asset Management
04/17/2015
Wealth managers flock to convertibles as volatility rises
Wealth managers have been reducing equity allocations and using convertible bonds to dampen the volatility of their multi-asset portfolios
04/17/2015
UBS set to beef up compliance with 350 staff - memo
Swiss bank UBS is set to add as many as 350 compliance staff in Nashville and Krakow over the next two to three years, according to a memo seen by Reuters on Friday.
04/17/2015
JM Finn profit surges 25% as war chest reaches £22m
He said the firm has continued to invest in the business this year
04/16/2015
Expect exodus from large wealth managers to continue
Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.
04/16/2015
Digital technology transforms wealth management industry
The early success of an online service that matches wealthy people with wealth managers demonstrates that investors want more choice in where advice comes from.
04/16/2015
A Navy Seal, a Yacht Captain, and 500 Other People Billionaires Trust to Manage Their Money
Managing the life of Sergey Brin is big business
04/16/2015
Wealth giants investigated by ASIC over advice charges
ASIC today provided an update on its Wealth Management Project which is focusing on the conduct of the largest financial advice firms
04/16/2015
UBS Said to Begin Review of Australia Wealth Business
UBS Group AG is undertaking a review of its Australian wealth-management business that may lead to a sale of the unit
04/16/2015
Weekly Close Up - Close Brothers
The sunny days have put me in a more literary mood. ”Now is the winter of our discontent made glorious summer” Richard III once famously announced.
04/16/2015
Banks leverage off private wealth arms
Banks in Asia have been leveraging off their private banking arms to generate investment banking deal flow
04/16/2015
114K UHNW individuals relocated to UK over past decade
Last year, 15 people per day joined the ranks of ultra-high-net-worth individuals
04/16/2015
The growth of global wealth
INSITE 2015 will feature nearly 40 sessions to provide attendees with actionable ideas and steps to navigate the industry's emerging trends around technology, regulation and practice management
04/16/2015
U.S. private wealth management division of CIBC receives Delaware Trust Charter
The state of Delaware has long been known as a leader in trust laws, offering wealthy clients more advantageous tax benefits, investment flexibility, control over trust terms and asset protection.
04/16/2015
Private equity firms circle £100m 7IM
Private equity firms are circling Seven Investment Management and could value the wealth manager at over £100m, Money Marketing understands.
04/16/2015
Qatar Executive is growing its international footprint by targeting corporations and the fast-growing number of high net worth individuals in Asia
Qatar Executive has adjusted its inflight experience to match the taste of the Asian executive and private traveller. For example, customers can request to be served by Mandarin and Cantonese speaking VIP cabin attendants, who are familiar with local cust
04/16/2015
The grapes of wealth
Guests were given the background to a carefully selected wine from each chosen area by sommelier Jonathan Simpkin
04/16/2015
Singapore property gloom has silver lining for investors
Here's a good reason to own Singapore property shares: you might not have to own them for long.
04/15/2015
Middle East private banking continues to expand in 2015
The number of Gulf based banks that are hiring talent within private banking has increased dramatically over the last twelve months.
04/15/2015
Wealth Managers Have Opportunity in Automated Advisory
Automated investment advisory services for individual investors have emerged as another pressure facing active investment managers, says Fitch Ratings.