Managers of Wealth

Canadian-owned wealth management company reports asset growth of 20%

Assets under management grew by $15.2 billion or 20.1% during the year and by $1.3 billion or 1.4% in the month of December 2013.

How to Attract and Retain High New Worth Clients

He kept the clients who wanted a full suite of wealth management services. He moved the bulk of his book to other advisors.

Barclays chief Antony Jenkins defends 'controversial' bank bonuses

Antony Jenkins, chief executive of Barclays, has defended pay in the banking sector as he guest-edited the Today programme

RHJ International Announces Spin-off of Ripplewood Merchant Banking Operations

In order to ensure the continuity of the business previously conducted by Kleinwort Benson Advisors AG, RHJI has licensed the name Kleinwort Benson Advisors LLC to the new entity for a period of seven years.

FCA cracks down on fledgling wealth firm with £1.5m shortfall

London-based investment firm Hartmann Capital has applied to wind up after identifying a number of problems and being censured by the FCA.

Merrill offers new charitable investment for ultra wealthy

The investment works as a contract between New York State and a private charity, the Center for Employment Opportunities.

The top three financial New Year resolutions for HNW individuals

In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those polled said that their ultimate objective for the year ahead was to build their retirement funds.

£2m: Average Pay Award for JP Morgan's Top Staff in 2012 Revealed

Banks disclose figures in dying hours of 2013 to comply with new European rule demanding information on bankers' pay

The Top 40 Advisors Under 40

Ranking advisors based on their AUM makes less sense as advisors generate more of their revenue from things other than managing client assets.

Peter Hargreaves and Katherine Garrett-Cox awarded CBEs

Hargreaves Lansdown co-founder Peter Hargreaves and Alliance Trust chief executive Katherine Garrett-Cox have both been awarded a CBE in the New Year’s honours list.

Definitions of ‘Wealth Management’ Vary

If advisors and providers are going to use the term, they need to know how their clients define the term

Swiss private banking in clinch with high cost level

Nevertheless, the biggest wealth managers lost some market share to medium-sized competitors. Post-crisis low turnover and low interest rates still put pressure on returns, while cost levels remained sticky.

Wells Fargo, BofA hunt talent to serve wealthy

At Wells Fargo, one of the biggest challenges has been to find candidates to add 2,000 financial advisers at its branches, according to RBC Capital banking analyst Joe Morford in San Francisco.

Religious Factors Impact Dynamics of Family Offices

In the New World Order, we are seeing that these values are influenced by a host of dynamics, including religious factors.

Advisors Getting It Wrong on 'Wealth Management'?

A new report finds that advisors, investors and financial providers have been using the term inconsistently -- and perhaps incorrectly.

China lets bank wealth products buy preferred shares

Wealth management products (WMPs) operated by banks will be allowed to open securities trading accounts effective immediately, the China Securities Depository and Clearing Corp., the official clearing house for the Shanghai and Shenzhen stock exchanges, s

Wealth and Asset Management