Managers of Wealth

Oldest private Swiss bank to close after guilty plea

The plea, in U.S. District Court in Manhattan, marks the death knell for one of Switzerland's most storied banks, whose original European clients pre-date the American Revolution.

The rich got richer again, according to billionaire index

Last year was a great one for the world’s billionaires

OCM Wealth Management launches DFM platform

Platform Plus is part of OCM Wealth Management’s IFA brand ‘Daedalus’

London & Capital achieves 33% AUM growth in 2012

Growth for the 26 year old firm has been achieved through a 66% increase in AUM from US clients domiciled in the UK

RBC leads Canada’s banks as takeovers hit 5-year high

Royal Bank’s RBC Capital Markets unit worked on 102 acquisitions valued at $69.6 billion in 2012

Evercore completes acquisition San Francisco-based wealth management firm

Terms of the deal, first announced in early November, were not released.

How Fleming Family's wealth arm will help it defy industry's woes

The firm has had a busy year, undergoing two acquisitions, key hires and a programme of change, and as it previously lamented, 2012 turned out to be a 'difficult' year as markets remained volatile.

FSA approves Succession platform

The money will be invested on a platform

IFA buys book of 1,000 Kleinwort clients in RDR clear-out

Advice firm moves to strike deals with private banks for clients they can no longer serve under new rules.

Succession gains FSA approval for vertically integrated status

Vertically integrated firms act as both a provider and distributor.

Coutts Beats Annual Charity Fundraising Target For London's Air Ambulance

Numerous fundraising activities were organised throughout the last twelve months, including comedy nights, a sponsored abseil and a 10k run.

UK's top bankers earned £1m each in 2011

Major banking employers required to release information in wake of financial crisis

French high flyers say bonjour to UK

Boris Johnson exhorted the French to “venez a Londres, mes amis”. It seems his words are being heeded.

Pictet & Rothschild Group to acquire Duff & Phelps

Duff & Phelps has announced that it has entered into a definitive merger agreement under which a consortium comprising controlled affiliates of or funds managed by The Carlyle Group, Stone Point Capital, Pictet & Cie and Edmond de Rothschild Group

Affluent investor nvestments more cautious - RESEARCH

More Millionaires said in December that they planned to “Not Invest,” which gained 6.3 points to 32.7, a six-month high.

Room for Growth in Wealth Management Products

Mr. Wang said while banks are expected to meet rising demand for wealth management products, regulatory supervision is necessary.

Challenges for wealth managers in Asia-Pac

Singapore will be at the centre of this struggle

Defaulting China’s wealth management products spark a run on market

Angry investors protested outside the branch for a week

Raymond James InVests in a $3B Asset Manager

Eagle completed the buyout of minority shareholders in ClariVest

Crispin Odey suffers £6m pay cut

The decline followed a tumultuous 2011, which Mr Odey has described as a “pretty horrible year”

Wealth and Asset Management