Managers of Wealth

The end of Swiss banking as we know it?

Structural change at Pictet and Lombard Odier to corporate partnerships underlines a new reality for Swiss banks. And about time too, says Scorpio Partnership.

Standard Chartered: Best Private Bank for Super Affluent Clients in the UAE

The results were announced at the Private Banking Survey Awards dinner held recently in London.

Raymond James Introduces New Compensation Model

Building on its tradition of providing choice for advisors seeking RIA options, Raymond James announced the introduction of a new compensation model for “RIA hybrids” effective April 1, for financial advisors with at least $100 million in disc

Among Wealthiest Clients, RIAs & Multi-Family Offices Show Largest Gains

Multi-family offices, most of which are also registered investment advisors, have the added advantage of being able to provide a “high-touch level of service” to wealthy clients.

UBS pays £17m 'golden hello' to the man who broke RBS

iHe is overseeing a radical restructuring of UBS which will see as many as 2000 jobs go as it reduces its investment banking activities.

Morgan Stanley Gets Green Light on Deal for Wealth-Management Unit

Morgan Stanley may buy the rest of its wealth-management joint venture from Citigroup Inc.

Hedge fund tycoon collects £1.7m from bet on Trinity Mirror slide

He took a £10m bet against the firm last November, although he told The Independent he "didn't dislike the company".

U.S. millionaire count reaches 9 million - RESEARCH

The comeback continues for the fourth year, after millionaire households declined to 6.7 million in 2008

Credit Suisse CEO plays down impact of EU, Swiss pay curbs

Some employees will probably leave London and would rather go to New York or Zurich," he said.

Withers to launch new non-legal consultancy

The consultancy will be run by two acknowledged leaders in the consulting field, Kenneth McCracken and Amelia Renkert-Thomas.

Bank Wealth Management Income Falls First 9 Months of 2012

Bank holding companies saw a dip in wealth management income in the first three quarters of 2012

Ermotti is best paid banker at UBS

Ermotti was UBS's highest earner in 2012, pipping Americas head Robert McCann, who was the Swiss bank's top earner in 2011.

Provident Bank Expands Wealth Management Services

John K. Lynch has been hired as a senior financial consultant

Adviser Solutions division extends access to Managed Portfolios range

The implementation of the Retail Distribution Review has created a significant upswing in the number of IFAs partnering with DFMs.

Investec Asset Management Employees Buy Stake for $269 Million

“Investec and Investec Asset Management strongly believe that institutional clients are attracted to asset management companies that have significant operational independence and alignment of incentive structures to long-term performance,” the

Typical Middle Eastern UHNWI is not an oil baron

Wealth-X has released a statistical profile of the average Middle Eastern ultra high net worth individual (UHNWI) based on proprietary demographic and wealth indicators.

CISI to offer qualifications in Wealth Management and Islamic Finance in Spain

Escuela de Finanzas’ Masters Programme is a five part course covering Financial Markets, Portfolio Construction Theory, Applied Wealth Management, Islamic Finance and Skill Management.

F&C reports profit increase but assets and revenues fall

Mr Bramson said 2012 was “a year of significant change” as the firm sought to cut costs

FSA warns against EU plans for bankers' bonus cap

He also warned that the cap would undermine the system of bonus clawbacks for misbehaviour and poor performance, the FT said.

Barclays demonstrates commitment to UK expansion with new office in Yorkshire

It is the sixth Wealth and Investment Management office opened by Barclays in the past eighteen month

Wealth and Asset Management