Managers of Wealth

Bellpenny adds £108m assets with Glasgow IFA buy

Its most recent - and largest - buy came last month when it acquired Torquil Clark from Skipton Building Society for an undisclosed sum

Wealthy Chinese offer rich pickings

As a result, investment managers are instead looking to the wealth management market, where the brave are breaking new ground in search of market share by selling sophisticated, risk-adjusted products.

Transaction between Banque Cramer & Cie SA and Valartis Bank AG, Switzerland successfully closed

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Heartwood: Handelsbanken inflow is 'just getting going'

Heartwood Investment Management’s tie-up with Handelsbanken is already starting to bear fruit, marked by £650 million in gross inflows since the deal completed in May 2013.

'Pragmatic’ planners moving off high cost platforms

McMahon said she believed the Future of Financial Advice (FOFA) changes had acted as a catalyst in the change of attitude on the part of planners, particularly the greater transparency around fees and charges, including fee disclosure statements.

Red-Light District Dims as Zurich Bankers Curb Spending

Bankers who have been core patrons of the city’s sex industry and cabarets are curbing spending.

Julius Baer up after report of Credit Suisse takeover interest

Julius Baer shares rose by more than 2 percent on Friday after a Swiss finance blog said the private bank could eventually become a takeover target for larger rival Credit Suisse.

Private wealth inflows buoy hedge fund assets to USD2.9trn

Three quarters (73 per cent) of hedge fund managers say competition in fundraising has increased in the past 12 months, according to a survey by Preqin.

Swiss banking minnow swims against tide with $220 million war chest

Swiss bank could spend up to 200 million Swiss francs on acquisitions to bolster its private banking and asset management operations

Coutts sets aside £110m for payments over unsuitable investments

The 300-year-old bank, owned by the Royal Bank of Scotland and whose customers include the Queen, has set aside the provision as part of a review of its advice to clients dating back to about 1950.

Trouble at Coutts: Private RBS bank probed over 'risky' investments

It comes days after state-backed RBS was fined £14.5million for serious failings in its advice to mortgage customers from June 2011 to March 2013.

Helping High-Net Worth Clients With Charitable Giving

Once accomplished individuals, including CEOs, business owners or high-profile athletes and entertainers, achieve a certain level of success there inevitably comes a time when they begin to ask themselves, ‘What’s next?’

JP Morgan names Luxembourg fund services head

A 20-year veteran of JP Morgan has returned for a third stint in Luxembourg as head of its custody and fund services business in the country.

Malta emerging as a leading wealth management centre

Malta attracts global investors following changes to trust framework

Succession completes latest member firm buyout for £3m

The group added that it is on target to acquire the best 50 firms from its membership with £7bn of assets by 2017.

Brewin Dolphin shuts York office

The York office was launched in 2007 after a team defected from Barclays Wealth.

Falcon Private Bank Awarded 'Best Private Bank, UAE'

Falcon Private Bank has been named "Best Private Bank, UAE"

With rise of wealth management, a call for more RIA audits

The year 2014 has so far shaped up to be a banner one for wealth management.

Duo exits EFG to set up external asset manager

Two EFG executives, including the Asia head of investments of the funds arm, are leaving the Swiss bank to set up an external asset management business next month.

A Swiss fantasy

Perhaps one of the worst attributes of modern Pakistani political discourse is virtually an absolute lack of a sense of proportion and a cavalier attitude towards accuracy and plausibility of numbers.

Wealth and Asset Management