10/10/2013
Research Trends and Conclusions: Private Client 2013
Private client work is a time-honoured practice with some of today’s leading firms dating back to the 18th century.
Wealth and Asset Management
10/10/2013
JPMorgan posts rare quarterly loss as legal expenses jump
JPMorgan Chase & Co reported a rare quarterly loss after incurring $9.2 billion in legal expenses
10/09/2013
Aviva sells US life arm for £1.7bn
Aviva has raised $2.6m through the sale of its US life and annuities business to life company Athene.
10/09/2013
Here's Where The World's Richest 0.00001387015% Live
Total global wealth grew by 4.9% from mid-2012 to mid-2013, but the number of millionaires in the world grew by 6.1% during the same period, and the number of UHNW individuals rose by more than 10%.
10/09/2013
St. James’s Place partner officially opens its doors
They are currently in the process of recruiting two members of staff to join their expanding team.
10/09/2013
Coutts creates advisory board for its Middle East business
The board aims to help broaden and shape Coutts’ plans, aiding hiring and driving financial performance by strengthening client relationships.
10/09/2013
What Do Private Banks Want From Fund Managers?
AsianInvestor is due to host its second annual roundtable today to explore the evolving relationship between private banks and fund houses.
10/09/2013
Wealth Manager: Rathbone's Edinburgh Duo on Building Stability in an over-broked battleground
The Centralisation of Investment Processes and a move towards model portfolios are two undeniable trends in private client investment management over the past five years.
10/09/2013
Ashmore Group reports AUM increase
The Group continues to perform in line with management's expectations.
10/09/2013
DeAWM Tops Latest Funds Sales Across Europe
The European funds industry garnered net inflows of €3.5bn during August, with Deutsche Asset and Wealth Management the best selling group over the month with sales of €1.2bn according to Lipper.
10/09/2013
New money pours into the old playgrounds for super rich
It is still the “traditional” residential destinations, such as the south of France, Italy and the Caribbean that take the top spots of the most desirable places for the wealthy to buy a second home.
10/08/2013
AMP's Craig Meller Will Have A New-Look Management Team When He Assumes The Top Job In January
He said it reflected the company’s plan to build a “leaner, more efficient and increasingly customer-driven organisation
10/08/2013
Global wealth jumps to record - Credit Suisse Research
The Credit Suisse Research Institute today released its fourth annual Global Wealth Report 2013
10/08/2013
Price eyes sale of Alpha to PosSol IFA as he readies for retirement
‘I am full of enthusiasm about the business, and I just wished I was 20 years younger,’
10/08/2013
IMF sees mounting risks from US monetary policy and euro crisis
As the IMF released its Global Financial Stability Report, it said that it was expecting both rising interest rates and market volatility
10/08/2013
Sterling Acquisition to Give Umpqua’s Private Banking Biz a Boost
Umpqua Bank’s plan to grow the private banking business to 10 times its size by 2018 may shift into high gear if its parent company’s planned acquisition of Sterling Financial Corp. is approved.
10/08/2013
Advisers upbeat on UK economy but wary of rising rates
Advisers are increasingly confident about the UK economy although worries over interest rates are on the rise
10/08/2013
Rising Wealth Inequality Is Bad, But Liberal 'Solutions' Are Much Worse
The increased concentration of income and wealth simply reflects the economy's effort to adapt to bad monetary policy.
10/08/2013
7IM and Raymond James to Join Auto Re-Reg Move
Pershing to roll out automated systems for re-registration to platform clients later this year.
10/08/2013
Bellpenny gains £75m FUM with IFA Meridan Park acquisition
The deal - Bellpenny's 11th - takes the company to £1bn funds under management.