Managers of Wealth

HSBC Tablet to deliver wealth solutions

New service will allow HSBC’s relationship managers to take the bank to clients anywhere, anytime

For Art Collectors, the Risk Behind the High Returns

Can art be treated as a financial investment like stocks and bonds?

Guernsey And Emerging Markets – It’s A Small World After All

The need to look after developed markets as well as to grow market share in the emerging and frontier territories continues, says Fiona Le Poidevin of Guernsey Finance, who reports from her recent trip to Latin America.

UK wealth manager fails to disclose up-to-date dealing costs

Firm’s True & Fair Campaign has for the past two years accused the industry of covering up costs

Charles Schwab Evolution Reaches Milestone Serving the Wealth Management Needs of Affluent Investors

Fifty percent of client assets now enrolled in some form of ongoing advisory relationship

Coutts may have to pay compensation for giving unsuitable investment advice

Private bank and wealth manager says if clients have suffered financial detriment they will be compensated in full

Wealth managers hit back over claims of ‘murky’ costs

Leading discretionary fund managers have rejected a report’s insinuations that their costs are excessive and opaque.

Guernsey responds to Queen’s Speech; seeks level playing field on beneficial ownership

Guernsey already regulates its corporate service providers who are required to keep records on beneficial ownership and so we believe that we are in many ways ahead of the curve.

Boris Johnson: London is 'natural home' of asset management

The Mayor of London Boris Johnson has described the asset management industry as of “crucial importance” to the UK economy, while declaring the economic recovery is in “full swing”.

Queen's bank Coutts to review 60 years of client files over concerns about investment advice

Coutts is to review every client investment dating back to 1957 in one of the most thorough suitability reviews ever carried out in the industry.

Platform opens wine fund opportunity to wealth managers

The challenges associated with self-directed trading by orchestrating settlement between counterparties, inspections and all logistics are handled by Wine Owners

SocGen, Santander mull tie-up with Germany’s Commerzbank – report

France’s Societe Generale and Spain’s Santander are mulling a tie-up with Germany’s second-largest lender Commerzbank

Nottingham IFA boosts assets to £400m with double acquisition

The East Midlands IFA has bought IFAs Bromley & Coe and Meridian Financial Management.

Rathbones' Coombs: 'If Dobell had a trust, we would buy tomorrow'

Dobell's performance has since struggled and over the past three years it has returned 11.9% versus 31.9% by the UK All Companies sector.

Coutts warns customers over ‘unsuitable’ investments

Another problem was that roles had become too “complex” after staff were required to combine general banking and wealth management duties.

Swiss private bank says confident of solution with US in tax dispute -paper

De Saussure said it was hard to say when the dispute between Swiss banks and U.S. authorities would reach its conclusion

Speechly Bircham Adivses FF&P Private Equity on its Investment in Ticketscript

The Speechlys team was led by head of private equity Malcolm MacDougall

Wealth managers beef up advisory team as risk appetite of HNIs & cash-rich business families to surge

The firms also expect wealth to be unlocked by companies through public offers, the sale or purchase of assets and money being raised through various financial products to expand business.

Nedbank Private Wealth retains gold standard

Nedbank Private Wealth has had good reason to celebrate.

CIBC FirstCaribbean opens private wealth management office

It makes sense that Cayman would boast the flagship office as our jurisdiction’s reputation for excellence

Wealth and Asset Management