10/27/2013
The Future of Private Banking
Adapting to new client and regulatory expectations: industry leaders explore strategies for success
Wealth and Asset Management
10/27/2013
Baird takes over wealth management consultant
Alpha provides a range of consulting services and employs nearly 100 consultants in Luxembourg, New York and Paris
10/27/2013
Single middle managers better in wealth management, survey reports
This is a key finding in Fidelity Worldwide Investment’s survey on wealth management by singles.
10/27/2013
Singapore’s wealthy help drive global property demand
Private investors have turned to real estate as a "safe haven" for wealth preservation
10/27/2013
Nutmeg unveils performance after fees & tells wealth firms to follow suit
Its investment team includes chief investment officer (CIO) Shaun Port, who has 20-years’ experience devising investment strategies, and renowned economist John Kay.
10/27/2013
Psigma Investment Management announces completion of acquisition of Axa Framlington's private client business
Psigma Investment Management today announces the completion of the acquisition of AXA Framlington’s private client business.
10/26/2013
US tax probe leaves Swiss bankers afraid to travel
Swiss banks and industry representatives are increasingly cautioning bankers who have worked with US clients to refrain from travelling outside Switzerland, the paper reported.
10/26/2013
Belgium claims millions in tax over Swiss accounts
Belgian tax inspectors are claiming more than 367 million euros in taxes from wealthy Belgians who kept accounts with HSBC Private Bank in Switzerlan
10/23/2013
Shifting Market Dynamics Drive Demand for Innovation from Financial Advisors, Finds New Survey
Shifting market dynamics are driving increased demand from U.S. financial advisors for more innovative strategies to help investors balance risk and return
10/23/2013
Credit Suisse Smashes It With A 79% Revenue Lift
Net income rose 79 percent to 454 million Swiss francs ($509 million) from a year earlier as an accounting charge related to the bank’s own debt wasn’t repeated, the Zurich-based bank said today.
10/23/2013
St James's Place FuM up 20% since start of year
Continued strong momentum with record funds under management of £41.8 billion
10/23/2013
Wealth bonanza: the Rathbones & Brooks Macdonald bargains
A major factor behind this performance is rising markets, which have boosted sentiment across the sector given these firms' earnings capacity in intrinsically linked to equities.
10/23/2013
Skandia scraps adviser stake plans but may look to own distribution
Skandia has scrapped plans to purchase minority stakes in advice firms but could consider buying a large adviser or building a distribution arm from scratch.
10/23/2013
Stock market drives clients to wealth managers
Data from Findawealthmanager.com revealed that while private clients were feeling negative about the rise of house prices compared to wage growth
10/23/2013
Thesis launches private client service for lawyers and advisers
It means the financial planner becomes integral to the private client service of the lawyer
10/23/2013
Thesis launches private client service for lawyers and advisers
Thesis Asset Management is launching a service that seeks to bridge an underlying client’s relationship with their lawyer.
10/23/2013
RBC Global Asset Management named Canada’s top investment team
In 2013, RBC Global Asset Management was the team with the highest TopGun ranking in the country
10/23/2013
Ex-Bankers Following Swiss Gain Traction Advising Asian Rich
Independent asset managers may at least triple the funds they oversee in Asia as demand for specialized products rises
10/23/2013
Swiss wealth managers seek to reconnect with US clients
Analysis by Aite Group has pointed to a growing desire by Switzerland based wealth managers to reconnect with US clients
10/22/2013
Berry AM receives ARC’s due diligence approval
Berry Asset Management confirmed today that it has signed up for the Asset Risk Consultants‘Suggestus’ service, and become one of a select band of wealth managers to receive the ARC ‘Approved Due Diligence Kitemark’.