Managers of Wealth

Citigroup first-quarter profit rises 31 percent

Revenues of $20.5 Billion

Dearborn Partners Acquires NFP

After a thorough and rigorous process, and with the assistance of its legal and financial advisors, the special committee negotiated and recommended this transaction with Madison Dearborn to the full Board.

Julius Baer shareholders reject bank's pay plan

Rivals UBS and Credit Suisse face shareholders in coming weeks

58% of financial services practitioners believe bonuses should be set by banks’ shareholders, not politicians

The CISI survey results appear as CEO Simon Culhane suggests that the public and media are allowing the politics of envy to reduce the attractiveness of the UK as a major financial centre.

CIBC to buy wealth firm for $210 million

The firm provides integrated wealth management solutions for high-net-worth individuals, families, foundations and endowments through a team of 235 relationship management, investment management, wealth strategies and support professionals.

Co-investment opportunities to attract Chinese HNW

"Maybe they are aiming for a globalisation strategy and investing in a similar company in Australia is a very good shortcut to getting access to that industry and access to that experience so that's something that I personally get asked a lot f

UHNW Anticipate Tax Hikes

Roughly 80 percent of the UHNW consider tax consequences when making financial decisions, ranking taxes, along with risk and diversification among their top three investment-selection criteria, according to our first-quarter study.

Charles Stanley sees AUM hit new high in 2013

The group said the final quarter of the financial year was characterised by a stronger performance from equity markets and a slightly more benign trading environment.

Christie’s to sell directly to a growing class of wealthy collectors in China

Sotheby’s and Christie’s have been operating in Hong Kong for a long time, and have seen their business explode in the city, which is governed independently.

Centric Wealth recalibrates advice through newly-formed board

The first meeting of the Centric Wealth client advisory group took place in March was made up of 10 clients from a variety of backgrounds.

Women Wealth Managers Top Men in Asia

Women like Tan are one reason why female private bankers outnumber men in Asia 3-to-2 when it comes to managing the money of the wealthy

National wealth manager to target major acquisitions in five-year asset drive

‘Going into the next calendar year, we will very much be looking at acquisitions – and major acquisitions – in the space because I think economies of scale in the market will become much more important,’ Hall said.

UBS to Expand Asia Corporate Advisory Headcount by 10%

The bank may move some staff from Australia to faster- growing parts of Asia

Bellpenny and Brooks Macdonald sign strategic alliance

"It will enable clients to take advantage of Brooks Macdonald’s research-driven approach to delivering strong and consistent risk-adjusted returns.”

Boutique asset managers launch GBAM to help compete with global players

GBAM seeks to develop a network to hold discussions about important business issues faced by boutique managers - strategy, products, markets, clients, etc.

Five Years Later, the High Net Worth are Still Angry

Most investors remain angry, but negative sentiment is strongest among the richest

James Hay partners with London wealth manager on iSipp

Wealth manager will fund annual fee for higher-value clients and half of the fee for medium-value clients

Singapore: The world’s fastest growing wealth centre

Predicted to be the largest offshore private banking market by 2020.

Some wealth advisers take a fee for client fund assets

They are paying these financial advisers as much as 0.25 percent of the assets that their clients put into no-transaction-fee mutual funds.

Trusts & Estates Practitioners With Heart Awards

Winners will be recognized in Trusts & Estates’ October Charitable Giving Supplement.

Wealth and Asset Management