Managers of Wealth

Risk Tolerance and the High Net Worth Investor

Risk need not be a four-letter word. And for investors, it is certainly not a game.

Managing Wealth Includes Online Reputation and Digital Asset Management for U.S. Trust Clients

U.S. Trust, the private wealth management arm of Bank of America, today announced it has expanded its Financial Empowerment Program to address risks to family wealth in an online world.

Bestinvest merger to form £9bn wealth manager

Deutsche Asset & Wealth Management has agreed to sell Tilney, a subsidiary of its wealth management business in the UK, to Permira, which recently bought Bestinvest.

Gibraltar’s financial services centre rebrands, restructures

The overhaul of the Gibraltar government’s financial services framework has been taking place without much fanfare or notice, apart from occasional, seemingly unrelated announcements that have received little coverage outside Gibraltar and southern

Barclays Wealth and Investment Management is opening an office in St Albans

Barclays Wealth and Investment Management is opening an office in St Albans.

Many wealth management clients are unhappy with their current advisers

Many wealth management clients are unhappy with their current advisers and believe they have had poor service in the past year, Lee Goggin has claimed.

Jupiter 'exploring' opportunities for wealth business

Jupiter chief executive Edward Bonham Carter said the firm is 'exploring' options for its wealth business.

Property remains top wealth driver in China-Hurun list

Real estate remained the most lucrative road to riches in China last year

SAC Returns Most Investor Capital in Shift to Family Office

SAC Capital Advisors LP returned almost all investor money as of the end of January and has shrunk its headcount to 850 people from 1,000, as the firm focuses on managing the private wealth of founder Steven Cohen.

Wealth manager plans to add Hong Kong expats to court of St James’s

he move could presage long-term expansion overseas.

ClearView Wealth granted trading halt

The halt will remain in place until the opening of trade on Thursday 27th February 2014, or earlier if an announcement is made to the market.

Credit Suisse helped Americans hide $10bn from taxman, government claims

Operation allegedly included secret, remote-controlled lifts and bank statements hidden in Sports Illustrated magazines

Cost-cutting helps Butterfield to triple net income

The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.

Butterfield reports net income of $78.2 million

The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.

Former ING Asia Private Bank employee gets industry life ban

The case was referred to the SFC by the Hong Kong Monetary Authority.

Swiss bank EFG profit flat after charge for US tax probe

Excluding Switzerland, which experienced a modest outflow in the second half, all other private banking businesses were positive in relation to net new assets.

WH Ireland launches international business on Isle of Man

‘This new office reflects our strategy to grow our discretionary wealth management business.

Ashmore Group Declines as Investors Flee Emerging Markets

Clients redeemed $10.2 billion, or 13 percent of the company’s average assets, in Ashmore’s fiscal first half because of withdrawals in some fixed-income and currency investments, according to the statement.

River & Mercantile eyes float after merging with consultancy

All management and key staff will retain equity interests in R&M Group.

RBC Wealth Management net income up 3pc

Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.

Wealth and Asset Management