Managers of Wealth

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

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

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.

St James's Place FuM up 20% since start of year

Continued strong momentum with record funds under management of £41.8 billion

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.

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.

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

Thesis launches private client service for lawyers and advisers

It means the financial planner becomes integral to the private client service of the lawyer

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.

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

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

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

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’.

Private banks ‘boring but important’, say family offices

This was among a wide range of findings in the UBS/Campden Wealth Asia-Pacific Family Office Survey 2013

Edmond de Rothschild AM seeks Asia partner

The Paris-based firm is seeking a distribution partner to help boost its AUM by over a third in Asia, as it prepares to launch a new Luxembourg fund.

Generali looking at alternatives to Swiss private banking business sale

The sale of BSI, which has an estimated book value of 2.3 billion Swiss franc

Societe Generale develops its private banking offering in Morocco

Societe Generale thus aims to capitalise on its businesses to provide its Morocco-resident clients with a full range of tailor-made banking services, investment and financial advisory and wealth management know-how."

More Investors Satisfied with Their Advisors

Investors across all wealth segments reported higher levels of satisfaction with their advisors

Europe set to allow banker bonuses up to 250% of salary

European bankers could be paid bonuses of up to 250 per cent of their fixed pay under a slight relaxation of tough new pay rules due to come in next year

Millionaires Rely on Their Advisors for Most of their Financial Decisions

Nearly half of Millionaire investors who use a financial advisors report they rely on him or her for the vast majority of their financial needs

Wealth and Asset Management