08/14/2015
Ex-Killik and Ashcourt Rowan men team up with SJP
The new company is based out of St James’s Place’s Leeds office.
Wealth and Asset Management
08/14/2015
Millennials’ wealth management preferences differ from boomers
Luxury Institute surveyed investors earning at least $150,000 and found that at least 46 percent used some form of advisor to help them manage their finances.
08/13/2015
City Financial to acquire Investec W&I multi-asset range
The funds' management arm, formerly WDB Asset Management, was renamed as IWI Fund Management in June 2014.
08/13/2015
Planners must fight to preserve voice amid IFP merger
Talking to financial planners, responses have been rather mixed, with some questioning why we even need a merger in the first place
08/13/2015
Equistone backs Wealth at Work in £50m buyout
Equistone Partners Europe completes £50m management buyout of financial services company from Palatine Private Equity
08/13/2015
As yuan falls, China's rich seek safe havens offshore
China's economy doesn't look very good.
08/13/2015
Brewin Dolphin rebrands Managed Funds Service
Johnson said that after the rebrand, Brewin will also look to broaden its current range of five risk-rated portfolios.
08/12/2015
Does Stifel Have an Attrition Problem?
Advisor attrition is high, but the details are what make or break this deal
08/12/2015
Sesame cuts 69 jobs as wealth network shuts doors
Sesame announced the closure of its advice network to wealth appointed representatives following a business review.
08/12/2015
Macquarie advisers defect to start independent firm
Wrightson was with MPW for 15 years and was most recently division director for the group.
08/12/2015
What interviewers really want to know in private banking interviews
If you’re heading into a private banking interview, get set to be grilled on a wide range of topics
08/12/2015
Tax authorities urged to be more vigilant over the super-rich
Tax advisers have warned their wealthy clients that they are in the sights of tax authorities.
08/11/2015
Deutsche Asset & Wealth Management’s US X-trackers Platform Surpasses USD 20 Billion in Assets Under Management
Deutsche Asset & Wealth Management’s global exchange-traded platform launched in 2006, and is the world’s fifth largest ETF provider with approximately USD 76.9 billion in assets under management.
08/11/2015
Deutsche Bank Follows Shake-Up Plan: To Sell Indian Unit
The deal will mark Deutsche Bank’s exit from India's highly-competitive mutual fund industry.
08/11/2015
Asset allocator with Quilter Cheviot Jersey
The open-architecture, multi-asset class approach starts with an independent team of research analysts who formulate their own views on equity sectors, and a large team of collective fund analysts.
08/11/2015
Barings lays out options for setting up shop in China
Baring Asset Management is weighing up the best China entry point, including a joint venture or a whollyowned office, as it looks to establish a physical presence on the mainland.
08/11/2015
GAM buys $1.2bn real estate finance business
The team currently manages approximately USD 1.2 billion of investor committed capital
08/11/2015
CISI merger:OCM Wealth warns of 'death of chartered planner'
'In my opinion, the CFP alone does not give me the required in-depth knowledge to be a specialist in the individual advice areas as is required with the CII and CISI to become Chartered.
08/11/2015
deVere’s Nigel Green wins Finance Monthly CEO award
The 2015 Finance Monthly CEO Awards celebrate the success, innovation and strategic vision of CEOs across a number of sectors and industries.
08/11/2015
Sanlam acquisition puts wealth assets at £1bn
Sanlam Wealth Planning has acquired a wealth management firm with more than £150m in assets, taking the division’s total assets to more than £1bn.