Managers of Wealth

Wealth-X to provide news on super rich

Wealth-X has launched a unique digital intelligence and analysis platform collating daily news about the ultra wealthy – Wealth-X News.

Permira Poised to Buy Deutsche Bank's Wealth Management Arm

Private equity firm Permira is close to acquiring Deutsche Bank’s wealth management business

Netherlands Seeks to Cap Bankers' Bonuses at 20%

Banks will also be forced to limit severance pay and claw back bonuses when employees have violated professional standards or are responsible for hefty losses.

Rothschild parent Paris Orleans posts lower sales, net profit

Paris Orleans reported lower first-half revenue and net profit, citing a weak merger-and-acquisition market as well as impairment charges related to its investment in Banque Privee Edmond de Rothschild.

UK Wealth Manager Number Drops 20% After Regs On Fees, Commissions

New regulations, including the U.K.’s Retail Distribution Review, make finding financial advice more complicated for wealth-management clients

Lloyds In New St James’s Sale

Lloyds Banking Group is poised to sell a 12% stake in the wealth management firm St James’s Place before Christmas in a move that would reap £390m.

Advisers still servicing few wealthy clients

These figures show that there is still room for opportunity," BlackRock managing director Mark Oliver told Financial Standard.

Kleinwort Benson Group Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK

As a consequence of this, BaFin also confirmed that it had commenced the formal 60 working day review period for the approval of the entire transaction, which will expire on February 18, 2014.

Raymond James Announces Woman of Distinction Award Winners

Thirteen advisors recognized as Women of Distinction by the Raymond James Network for Women Advisors

Finance Firms In Deal to Join Forces for the Future

Accountancy firm MGC Hayles has signed a partnership deal independent wealth management specialists Westerby Group.

Nutmeg Criticises Barclays' Handling of Sub-500k Clients

Nutmeg believes the industry has much further to go to really adapt to the post-retail distribution review world and is disappointed by the treatment of smaller clients.

For Registered Investment Advisers, Alternatives Go In-House

The shift to managing strategies directly in-house has proved easier for some firms than for others.

Citi International Personal Bank EMEA Launches Swiss Booking Centre in Geneva

Citi IPB EMEA has announced the launch of its Switzerland Booking Centre in Geneva giving Citigold Private Clients based in the UAE access to the “world's biggest and most exclusive investment centre”.

Swiss vote no to capping bosses' pay at 12 times lowest paid

The rules would have given Switzerland the world's toughest pay rules and some of the lowest executive salaries.

High Net Worth Millennials: Investing and Loving It

High Net Worth Millennial investors are nothing if not gung-ho about investing, confident in their investment acumen, and upbeat about their financial futures, according to a Spectrem’s Millionaire Corner study.

Private Wealth Management Firm Releases New Guide Revealing How Wealthy Invest

The investment guide reveals investment strategies utilized by not only the ultra-wealthy, but major institutions and endowments that create total diversification strategies, utilizing alternative investments to protect, grow and preserve their wealth.

Wealth and Asset Management