Managers of Wealth

James Brearley hangs in the black after 36% profit fall

The wealth manager has increased its assets under management to more than £900 million across all divisions.

Merrill Lynch to dissolve into BofA

The firm will assume all of Merrill Lynch's obligations and debt.

AMP chief steps down as wealth management company's first-half profit increases

In wealth management, AMP’s largest business unit, operating earnings for 1H 13 were up 20 per cent

Global & LATAM UHNW Market: Where are they? Who are they?

This panel will discuss the size, location, characteristics and spending habits of the UHNW in general and in LATAM specifically.

No rest for Collardi as Julius Baer grapples with Merrill

In July, five months after the integration began, Collardi raised the estimated integration costs to 455 million francs from 400 million, and retaining Merrill Lynch bankers is also costing money and slowing efforts to hire advisors in other areas.

Wealth division contributes to record CBA profits

The bank met its target of becoming the market leader for customer satisfaction and completed its six-year core banking modernisation.

ANZ supports overseas investment into Australia through its new SIV solution

The SIV program aims to bring investment into the Australian economy

Wealth-X Is A Finalist For The 2013 Red Herring Top 100 Asia Award

Wealth-X, the world's leading ultra high net worth intelligence provider announced it has been selected as a finalist for Red Herring's Top 100 Asia award

Raymond James offers alts to RIAs

“I am pleased to inform our registered investment advisors they will now have access to the Raymond James Alternative Investment Group (AIG),” said Bill Van Law, president of Raymond James IAD.

GAM Holding Boosts First-Half Profit as Fee Income Gains

The change reflects the increasing level of convergence in the activities of GAM and Swiss & Global Asset Management.

Van Lanschot net profit rises

Solid capital base strengthened substantially: Core Tier I ratio up from 11.0% to 12.5%

6,000 Singaporeans employed in private banking services sector

Singapore has about 40 financial institutions offering private banking services. The sector has created good quality jobs and now employs about 9,000 people, two thirds of them are Singapore citizens.

Wealth Management Growth Seen on U.S. Expats, Facta

More wealth management firms are likely to come into existence to give tax advice to U.S. citizens living abroad

NAB confirms redundancies in wealth division

National Australia Bank has confirmed redundancies in a number of roles within its wealth management division following a strategy to digitalise the business.

2.2 billion RIA Joins Focus Financial Partners

A $2.2 billion registered investment advisory firm with roots at Bank of America's Merrill Lynch and UBS AG has joined Focus Financial Partners, a partnership of independent wealth management firms.

CBA launches exclusive suites for the wealthy

The suites will target salaried individuals with a net income of Sh300,000

Swiss firm Hansa to buy SVG Investment Managers

Hansa has assets under management of more than $1.8bn, while SVGIM - which invests in UK equities by applying private equity techniques to public markets - runs around £200m.

Sanlam Private Wealth snaps up two more client banks

The UK-based division of the South African headquartered company has acquired Telford-based Cornforth Consultants Wealth Management and Shropshire-based Wealthport.

Focus Announces Partnership with Telemus Capital Partners

The firm offers a range of advisory services including investment management, financial planning,

Private banking changes courting strategy for Asia

The region represents a vast untapped marketplace for niche banking services

Wealth and Asset Management