01/02/2014
RHJ International Announces Spin-off of Ripplewood Merchant Banking Operations
In order to ensure the continuity of the business previously conducted by Kleinwort Benson Advisors AG, RHJI has licensed the name Kleinwort Benson Advisors LLC to the new entity for a period of seven years.
01/02/2014
FCA cracks down on fledgling wealth firm with £1.5m shortfall
London-based investment firm Hartmann Capital has applied to wind up after identifying a number of problems and being censured by the FCA.
01/02/2014
The investment works as a contract between New York State and a private charity, the Center for Employment Opportunities.
01/02/2014
In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those polled said that their ultimate objective for the year ahead was to build their retirement funds.
01/01/2014
Banks disclose figures in dying hours of 2013 to comply with new European rule demanding information on bankers' pay
01/01/2014
The Top 40 Advisors Under 40
Ranking advisors based on their AUM makes less sense as advisors generate more of their revenue from things other than managing client assets.
12/31/2013
Hargreaves Lansdown co-founder Peter Hargreaves and Alliance Trust chief executive Katherine Garrett-Cox have both been awarded a CBE in the New Year’s honours list.
12/30/2013
If advisors and providers are going to use the term, they need to know how their clients define the term
12/28/2013
Nevertheless, the biggest wealth managers lost some market share to medium-sized competitors. Post-crisis low turnover and low interest rates still put pressure on returns, while cost levels remained sticky.
12/27/2013
Wells Fargo, BofA hunt talent to serve wealthy
At Wells Fargo, one of the biggest challenges has been to find candidates to add 2,000 financial advisers at its branches, according to RBC Capital banking analyst Joe Morford in San Francisco.
12/27/2013
In the New World Order, we are seeing that these values are influenced by a host of dynamics, including religious factors.
12/27/2013
A new report finds that advisors, investors and financial providers have been using the term inconsistently -- and perhaps incorrectly.
12/26/2013
Wealth management products (WMPs) operated by banks will be allowed to open securities trading accounts effective immediately, the China Securities Depository and Clearing Corp., the official clearing house for the Shanghai and Shenzhen stock exchanges, s
12/26/2013
The government is ramping up measures to battle this reputation as a tax haven
12/24/2013
Bidding was fierce at Rothschild's Christmas party as staff vied for activities ranging from a meal with the boss to a martial arts class
12/24/2013
The acquisition, which is subject to approval by the FCA, will add £1.3bn in assets to the AIM-listed group.
12/23/2013
Lombard Odier targets wealthy Chinese clients who are willing to delegate management of their asset portfolios to the private bank
12/23/2013
The number of preferred customers climbed to 25,000 this year from 12,000 in 2012.
12/23/2013
Now, Mrs Blair is seeking to inspire Middle Eastern entrepreneurs on the path to success.
12/23/2013
The deal has been anticipated for years, ever since the Belgian government bailed out KBC for $9.5 billion during the financial crisis of the late 00's.