Managers of Wealth

Raymond James Announces Woman of Distinction Award Winners

Thirteen advisors recognized as Women of Distinction by the Raymond James Network for Women Advisors

Finance Firms In Deal to Join Forces for the Future

Accountancy firm MGC Hayles has signed a partnership deal independent wealth management specialists Westerby Group.

Nutmeg Criticises Barclays' Handling of Sub-500k Clients

Nutmeg believes the industry has much further to go to really adapt to the post-retail distribution review world and is disappointed by the treatment of smaller clients.

For Registered Investment Advisers, Alternatives Go In-House

The shift to managing strategies directly in-house has proved easier for some firms than for others.

Citi International Personal Bank EMEA Launches Swiss Booking Centre in Geneva

Citi IPB EMEA has announced the launch of its Switzerland Booking Centre in Geneva giving Citigold Private Clients based in the UAE access to the “world's biggest and most exclusive investment centre”.

Swiss vote no to capping bosses' pay at 12 times lowest paid

The rules would have given Switzerland the world's toughest pay rules and some of the lowest executive salaries.

High Net Worth Millennials: Investing and Loving It

High Net Worth Millennial investors are nothing if not gung-ho about investing, confident in their investment acumen, and upbeat about their financial futures, according to a Spectrem’s Millionaire Corner study.

Private Wealth Management Firm Releases New Guide Revealing How Wealthy Invest

The investment guide reveals investment strategies utilized by not only the ultra-wealthy, but major institutions and endowments that create total diversification strategies, utilizing alternative investments to protect, grow and preserve their wealth.

Resolution In Talks to Sell its Lombard Wealth Management Unit

“A further announcement will be made as and when appropriate,” Resolution said in the statement.

UBS Targets African Wealthy After Credit Suisse Takes Step Back

UBS is vying with Swiss banks from Julius Baer Group Ltd. to Pictet & Cie. for emerging market millionaires as a global crackdown on tax evasion forces European and American clients to withdraw funds.

Fly-in, fly-out treasures: ‘Freeport’ airports the new uber-wealth tax haven

The move that started in Switzerland, taking advantage of the tax-free status of bonded stores on airport grounds

Small Asia private banks at crossroads - exit or acquire

"There will be continued consolidation over the next three to four years. Unfortunately some players will exit with virtually no returns," said Mark Jansen, a partner at PricewaterhouseCoopers.

China Regulator Orders More Disclosure on Shadow Bank Products: Sources

The China Banking Regulatory Commission will require banks to report detailed information on their holdings of wealth management products beginning in 2014

Charles Stanley Evercore buy paves way for adviser push

Wealth Manager can reveal that Pan Asset will be rebranded CS Pan Asset and operate as a standalone business under the Charles Stanley umbrella.

Baby Boomers, Gen-X Obtained Wealth Differently

Generation X investors give more credit to family connections and inheritance as factors in obtaining wealth than most other investors, according to a Spectrem’s Millionaire Corner report.

Close Brothers Makes Positive Start To Year, Confident In Full Year Outlook

UK-based specialist financial services company Close Brothers Group Plc Thursday said it has made a positive start to the year and remains confident in the outlook for the current financial year.

Wealth shines at Investec

Investec reported a drop in earnings for its half-year results due to rand weakness.

Credit Suisse to Ring-Fence Swiss Operations

Zurich-based Credit Suisse said it planned to create a subsidiary for its Swiss operations

Salary Increases for Bank Employees for the year 2014

The salary increases negotiated in previous years were 0.5% for 2012 as well as for 2013.

LS Wealth to Become Beaufort North West

St Helens-based LS Wealth Management is to rebrand as Beaufort Financial Planning North West as it looks to become more aligned with its network.

Wealth and Asset Management