Managers of Wealth

Korean Banks Struggling in Overseas Private Banking Markets

Those that have launched wealth management and private banking programs for foreign customers have already withdrawn their business, and the others are postponing their plans.

Smart Beta: wealth managers recover appetite for EM risk

Micro cap UK/Europe, and EM equity should be the big surprises,’ of 2014

Norway Wealth Fund Wins Labor Backing to Buy New Asset Classes

The 53-year-old is the front-runner to become Labor Party leader to replace Jens Stoltenberg

Stock Investment And Wealth Management Service Motif Investing Raises $35 Million

Retail investors in the U.S. looking for ways to play the stock market have several startups offering them services, and now Motif Investing has raised $35 million in late-stage funding from new backers to take its services worldwide.

Arbuthnot Banking Has Starts Year Well, Says Chairman

Arbuthnot Banking Group PLC Chairman Henry Angest Thursday told shareholders the company has started 2014 well.

Axa Wealth reports 20% rise in Q1 sales

Axa Wealth has reported a 20 per cent increase in Q1 sales, from £689m last year to £827m this year, driven by a surge in Isa new business.

Middle East’s ultra-rich eye second nationality

The highest number of wealthy business people seeking second citizenship comes from Pakistan, followed by Lebanon, Egypt and Syria.

Coutts braced for hit from US tax inquiry into Swiss bank clients

Coutts said it was ‘taking a judicious approach to its involvement’ with the US Department of Justice settlement

BRI Wealth Management grows with Shropshire acquisition

The expansion means that BRI will have a second office in the Bridgnorth area, which will continue to be run by existing Walter Financial Planning staff.

European Wealth lists on AIM with £16.6m market cap

European Wealth has completed the reverse takeover of its parent group and this morning began trading on AIM.

HSBC profits dip as wealth management revenues fall

HSBC Holdings' reported profit before tax fell by 20% in the first quarter to US$6,785m compared with US$8,434m in the corresponding period in 2013.

Investors Criticise Standard Chartered Pay Policies

Standard Chartered PLC has come under fire from investors for its pay policies.

Will HighTower be the next Raymond James?

Chief executive Elliott Weissbluth says adding new platforms will help the firm achieve a business model

Lisa Detanna at Raymond James Selected For "2014 Women Making A Difference Awards Nominees"

Lisa Detanna at Raymond James of Beverly Hills, CA has been honored with a recognition by Los Angeles Business Journal

India 2014 HNWI Trends and Wealth Market Research

Ultra HNWIs in India 2014 market research report says there were 1,575 UHNWIs in India in 2013, with an average per capita wealth of US$353.4 million, making them a prime target group for wealth sector professionals.

Will HighTower be the next Raymond James?

Fresh off of adding a new platform earlier this year, HighTower Advisors chief executive Elliott Weissbluth now compares the firm's growing reach to perhaps an unlikely rival — Raymond James Financial Inc.

UBS sets new cost target in US wealth business

UBS AG has set tighter expense control targets for its Americas wealth management business.

UBS Wealth Management profits up

BS delivered a solid first-quarter performance despite a volatile operating environment. Every one of UBS's business divisions and regions was profitable, reflecting the firm's successful strategy and the strong positions it has created both fro

Aberdeen Asset Management pretax profit down 3 pct

British investment manager Aberdeen Asset Management posted a three percent fall in pretax profit in the six months to March 31, as clients pulled money out of its core emerging market and Asian equity funds.

Bancorp lists on Germany's Frankfurt Stock Exchange

The Company’s operations are diverse covering a significant involvement in global aviation insurance

Wealth and Asset Management