Managers of Wealth

Wealth management companies merge

Pinnacle Private Wealth, a Woburn-based firm which provides customized wealth strategies for businesses and individuals, has merged with Wachusett Wealth Management of Leominster.

BNY Mellon Wealth Management Named Top U.S. Private Bank and Top Private Bank Serving Family Offices

The London-based trade publication serving the wealth management and family office industry announced the awards at its inaugural gala dinner on March 13.

Global investors 'feeling confident'

Macquarie Private Wealth says global investors are feeling confident about the world's growth prospects this yea

BMO Private Bank Asia Named Best New Private Banks in Hong Kong and Singapore

BMO's private banking operations in Asia acknowledged for innovative products and services, ability to meet client and business needs, and comprehensive financial and investment solution

Bellpenny wins £322m funds under management in acquisition

Deal marks 17th acquisition by IFA consolidator

Four UK Charities to Receive Pro Bono Advice from Morgan Stanley’s Strategy Challenge

Morgan Stanley today announced that four UK-based charitable organisations will benefit from the Firm’s first UK Strategy Challenge.

Investec CEO signals recruitment drive for UK wealth arm

‘We are selectively recruiting investment professionals to try to capture flows

Banks Pull Out All the Stops for the Ultra-Rich

But several lenders are taking the hand-holding business to a new level.

Sanlam launches joint venture professional connections firm

Sanlam Private Investments (SPI) has created a new company to which professional connections can outsource their clients’ wealth management through a joint venture approach.

In focus: Eye on the asset pie

The global financial crisis forced the wealth management industry to reconsider long-held tenets about portfolio construction and the role of strategic asset allocation.

NAB Sees Recouping Wealth Management Market Share in 2 Years

National Australia Bank Ltd. expects to recoup lost wealth management market share in two years by selling more retirement products and making better use of the bank’s retail network.

UBS eyes independent space

The firm has been expanding its product offerings and has considered an acquisition as independent firms move to compete for ultrawealthy clients

The private banks that are hiring in Asia right now

If you’re looking for a job in Asian private banking but you’re sick of working for a major multinational, both boutique European firms and expanding Asian banks are staffing up on relationship managers in Singapore, the region’s private

Arbuthnot Private Bank reports pre-tax profits up 25%

Chairman and chief executive Henry Angest said: "This has been another significant year. Both banks have made good progress. We have substantially increased the net assets of the group and at the same time been able to pay shareholders a special divi

Merrill Lynch Wealth Management and EDHEC Business School Join Forces to Advance Goals-Based Wealth Management

"We are delighted to be able to work on the industry-relevant and intellectually stimulating subject of risk and goal allocation, thanks to our collaboration with Merrill Lynch on this research chair"

HNWs invest heavily via SMSFs

High net worth investor numbers have climbed by nearly 10 per cent in 12 months, with a third of their collective $1.39 trillion in assets via SMSFs

LLBH Wins Best Multi-Family Office Award

LLBH Private Wealth Management, an independent wealth management firm advising on approximately $1.5 billion in total client assets, announced it has been named the 2014 "Best Multi-Family Office Overall" in the "New Product" category

Aberdeen gets approval for Scottish Widows acquisition

The Company expects to issue a statement on 1 April 2014 to confirm that completion has taken place and to issue a trading update on the same day.

Banks Pull Out All the Stops for the Ultra-Rich

Every bank catering to the wealthy touts its high-end services.

Wealth managers may dictate terms

Investment trusts chasing places in model portfolios may need an overhaul in order to meet wealth managers’ expectations of size and liquidity

Wealth and Asset Management