05/14/2015
Alliance Trust to buy Stocktrade from Brewin Dolphin
For the year ended 28th September 2014, Stocktrade had income of £9.6m and contributed approximately £1.3m of pre-tax profit.
Wealth and Asset Management
05/14/2015
New Sponsorship opportunities available at Cowes Week, the World’s Best-Known Sailing Regatta
Cowes Week Ltd today announced used sponsorship opportunities for brands looking to align with the Cowes Week regatta and capitalise on the next phase in the event’s developmen
05/14/2015
Wealth management firm buys four businesses
Discretionary and financial planning firm Attivo has added four advisory businesses to its network.
05/14/2015
Does Yale Need Another $150 Million?
It already has plenty of snazzy performing arts centers on campus.
05/14/2015
Business Families Foundation and RBC partner to keep more businesses in the family
The partnership includes a $1.65 million financial commitment from RBC over five years.
05/13/2015
Wealth managers in Singapore woo the emerging affluent
Industry observers say wealth managers are also looking to provide more than just financial-related services, to keep their clients.
05/13/2015
HSBC’s Geneva bank ‘no longer a place to hide untaxed assets’
Switzerland CEO Franco Morra says mentality has changed a lot
05/13/2015
Wealthy Asians turn to the internet for investment tips
The attraction of the internet is luring highnetworth Asians away from wealth managers as they look for investment opportunities in blogs and social media, raising questions over traditional sources of advice.
05/13/2015
Revealed: Sectors that will help UAE residents become richer this year
New list of sectors that will help UAE residents make millions and multiply them into billions
05/13/2015
Davy adds £230m AUM with latest wealth manager buy
The deal marks Davy's sixth acquisition to date
05/13/2015
Luxembourg Private Bank to close Singapore office
Despite the potential that Asia represents in terms of private banking markets, this decision was adopted after reviewing BIL group’s international presence in light of the new strategic framework and after completion of necessary procedures and int
05/13/2015
Wealthy turn their noses up at high IFA charges: survey
An Unbiased survey of its listed advisers showed a 14 per cent decrease in the average hourly rate from £175 an hour in 2013 to £150 an hour in 2014.
05/13/2015
Agnelli family, Fiat founders, adds $2bn to fortune selling property agent Cushman & Wakefield
As well as Fiat, which took control of struggling US rival Chrysler last year, the Agnellis’ empire spans Italian football club Juventus as well as CNH Industrial, which makes construction machinery and commercial vehicles.
05/13/2015
BMO Private Banking Introduces new all-in-one service catered to HNW's
New program includes a customized wealth plan and a full suite of services designed to evolve should circumstances change
05/13/2015
Mass walkout at Swedish Private Bank
In total there are about 10 people.
05/12/2015
Schroders signs up to corporate access platform
ingage has announced that Schroders UK and European Equity team will be using the ingage IR platform to help with their corporate access requirements
05/12/2015
NAB Wealth boss muted on rise of IFAs
NAB Wealth group executive Andrew Hagger has said the bank intends to grow both its adviser and IFA channels
05/12/2015
Are wealth managers risking technological exclusion?
Suitability is back at the top of the regulator’s agenda this year, but many wealth managers are still behind the curve, according to Wealth Dynamix CEO Gary Linieres
05/12/2015
“There is (Still) No Country Like Switzerland,” Says HSBC’s Swiss Chief
The CEO cited data showing that as of 2013, Switzerland still accounted for about 2.1 trillion Swiss francs
05/12/2015
What Does A $30 Trillion Customer Service Experience Look Like?
Did you know that baby boomers are expected to pass down over $30 trillion to their children, or whomever may be lucky enough to be named in their wills? Neither did I.