02/05/2014
UBS Wealth Americas hits billion-dollar profit goal
For Robert McCann, who took control of UBS AG's loss-ridden U.S. brokerage business four years ago, 2013 proved to be a very good year.
02/05/2014
Hargreaves Lansdown reaps new customers from Royal Mail IPO
In a trading statement on Wednesday, the company said 77,000 new clients signed up to its investment services, of whom 27,000 joined to invest in the postal service.
02/05/2014
Here's What JP Morgan Is Telling Millionaire Private Clients As Emerging Markets Crumble
2013 was an excellent year for U.S. stocks, but 2014 has already gotten off to a volatile start.
02/05/2014
Tocqueville Bullion Reserve Fund Launches With $27M
Tocqueville Bullion Reserve, a hedge fund that will invest 100% of its net assets in gold bullion, launched in January with $27 million.
02/05/2014
Life for the wealthy is feeling less secure these days. So they are calling on their financial advisers to help ensure their personal safety.
02/05/2014
Group of high networth private investors plans investment in Nigeria
The offshore credit lines for the project are being managed by Barclays Bank and HSBC for direct investment in viable business ventures in Nigeria.
02/05/2014
IFAs are positive on frontier markets
UK financial advisers believe their clients should increase exposure to frontier markets including countries like Nigeria, according to the latest Baring Asset Management Investment Barometer.
02/05/2014
HNW Research: When wealthy clients become 'unstuck'
This is the first of four papers that will be released during the year, each analysing a phase of the wealth management customer journey.
02/05/2014
A firm's social media footprint can say a lot about how a brand is perceived by clients and the public at large. Here, Wealthmanagement.com ranks brokerages by their social media influence.
02/05/2014
Close Brothers Asset Management has announced its new pricing for self-directed private clients using its platform. This will be implemented from 10th March 2014, and clients have been notified.
02/04/2014
Legis named Guernsey’s ‘Trust Company of the Year’ at prestigious awards
The ‘Trust Company of the Year’ category is awarded each year in recognition of those companies who have excelled in achievement, innovation, expertise and service in their respective jurisdictions.
02/04/2014
RBC CEO Gets Pay Raise Dwarfed by U.S. Banking Heads
Royal Bank of Canada Chief Executive Officer Gordon Nixon’s 2013 total compensation increased less than 1 percent from a year earlier as the country’s second-largest lender extended its streak of record annual profit.
02/04/2014
After a bumper year for the listed wealth management sector, can the stellar returns of 2013 be repeated?
02/04/2014
Hawksmoor Investment Management is targeting an aggressive expansion into the financial adviser arena with its redesigned bespoke discretionary management service.
02/04/2014
UBS AG, Switzerland’s biggest bank, reported a fourth-quarter profit that exceeded analysts’ estimates, helped by higher earnings at its wealth management units and a tax gain.
02/04/2014
The Abacus Financial Services Group will promote their international fiduciary and fund service offering as a sponsor at this year’s STEP Malta Conference in March.
02/04/2014
Our asset allocation varied through the year and we took some money off the table when we achieved certain performance goals or we felt that it was necessary.
02/04/2014
Societe Generale is radically developing its private banking relationship model in France and extending its offer to a larger number of clients.
02/04/2014
The mobile banking app operates on both Apple iOS and Android platforms providing a full range of secure services including account balance/ transaction reporting and the ability to make payments.
02/04/2014
Charles Stanley Direct is to waive fees for six months on new investments of £500,000 or more.