03/28/2014
Swiss Bank Pictet Opens Office in Munich for German Clients
Pictet joins Swiss banks Julius Baer Group Ltd. and Vontobel Holding AG in opening new premises in Germany
Wealth and Asset Management
03/28/2014
Lord North Street and SandAire agree merger
Currently both firms advise wealthy families
03/28/2014
€2.5m profit for Kleinwort Benson
The rise in assets under management follows a number of new business wins
03/28/2014
Where are the world’s millionaires going?
New analysis from wealth consultancy New World Wealth has tracked where the world’s wealthiest people have been moving over the past 10 years.
03/28/2014
Kleinwort Benson in ownership shake-up as losses reach £14m
Kleinwort Benson's wealth management division racked up losses of £13.9 million in 2013, as the bank's buy of German private bank BHF completed.
03/28/2014
Schroders keeps busy with multi-asset coup
Friends Life’s decision to award multi-asset and equity mandates worth £14.5bn to Schroders represents another “significant win” for the investment house, Jason Hollands has said.
03/28/2014
The next generation of boutiques: Arjent Wealth Management
This week, continuing our series on boutique firms after a sustainable and ethical investing interlude,
03/28/2014
€2.5m profit for Kleinwort Benson
The rise in assets under management follows a number of new business wins
03/28/2014
Top 10 wealth management mistakes
The essence of wealth management, as most managers would tell you, is distinct from portfolio management
03/28/2014
SINGAPORE: Emergence of affluent class as banks target young professionals
Most lenders, which offer priority banking services, benchmark S$200,000 as the minimum balance requirement to target the high net-worth market.
03/28/2014
21st Century solution to wealth management
The industry is still growing, and fast. The wealth of high-net-worth individuals is expected to grow by 6% annually
03/27/2014
OYSTER joins Raymond James's retail fund platform
The partnership with Raymond James underlines the development of the UK market
03/27/2014
Schroders chief sees pay soar 70% to £8.4m
Schroders boss Michael Dobson took home £8.4 million last year.
03/27/2014
RBS boss sets strategy to 'improve' flat Coutts
Ross McEwan, group chief executive of the Royal Bank of Scotland, has set out a strategy that will tie Coutts more closely to the wider bank’s business customers.
03/27/2014
Anglo-South African Group sells German and Austrian wealth units for $303 million
"The transaction is part of Old Mutual Wealth's commitment to simplify its operations in Europe and focus on a select number of core growth markets,"
03/27/2014
Wealth management sector key to Australian growth: Deloitte
The wealth management sector is among the list of top five most important industries to lift Australia's growth trajectory over the next 20 years
03/26/2014
Swiss private bank awarded wholesale banking licence in Singapore
The majority of EFG’s Singapore-based customers are high net worth clients with investible assets of over a million dollars each.
03/26/2014
OneVentures launches second fund for HNWs and instos
Australian venture capital firm, OneVentures has launched the OneVentures Innovation and Growth Fund II, seeking to raise $100 million from institutional investors and high net worth individuals over the next 12 months.
03/26/2014
Ex-SJP adviser opens advice firm & online platform
A former adviser at national wealth management firm St James’s Place has opened a new firm heavily centered on providing discretionary fund management through an online platform.
03/26/2014
PWM Selects Wealth-X CEO’s Quote For Advertising Campaign
“We chose the comment because it is based on research from Wealth-X, which relates to PWM’s own quest to identify the new global sources of wealth, how they develop and how they are best serviced by private banks and other specialist wealth m