10/23/2013
Stock market drives clients to wealth managers
Data from Findawealthmanager.com revealed that while private clients were feeling negative about the rise of house prices compared to wage growth
Wealth and Asset Management
10/23/2013
Thesis launches private client service for lawyers and advisers
It means the financial planner becomes integral to the private client service of the lawyer
10/23/2013
Thesis launches private client service for lawyers and advisers
Thesis Asset Management is launching a service that seeks to bridge an underlying client’s relationship with their lawyer.
10/23/2013
RBC Global Asset Management named Canada’s top investment team
In 2013, RBC Global Asset Management was the team with the highest TopGun ranking in the country
10/23/2013
Ex-Bankers Following Swiss Gain Traction Advising Asian Rich
Independent asset managers may at least triple the funds they oversee in Asia as demand for specialized products rises
10/23/2013
Swiss wealth managers seek to reconnect with US clients
Analysis by Aite Group has pointed to a growing desire by Switzerland based wealth managers to reconnect with US clients
10/22/2013
Berry AM receives ARC’s due diligence approval
Berry Asset Management confirmed today that it has signed up for the Asset Risk Consultants‘Suggestus’ service, and become one of a select band of wealth managers to receive the ARC ‘Approved Due Diligence Kitemark’.
10/22/2013
Private banks ‘boring but important’, say family offices
This was among a wide range of findings in the UBS/Campden Wealth Asia-Pacific Family Office Survey 2013
10/22/2013
Edmond de Rothschild AM seeks Asia partner
The Paris-based firm is seeking a distribution partner to help boost its AUM by over a third in Asia, as it prepares to launch a new Luxembourg fund.
10/22/2013
Generali looking at alternatives to Swiss private banking business sale
The sale of BSI, which has an estimated book value of 2.3 billion Swiss franc
10/22/2013
Societe Generale develops its private banking offering in Morocco
Societe Generale thus aims to capitalise on its businesses to provide its Morocco-resident clients with a full range of tailor-made banking services, investment and financial advisory and wealth management know-how."
10/22/2013
More Investors Satisfied with Their Advisors
Investors across all wealth segments reported higher levels of satisfaction with their advisors
10/22/2013
Europe set to allow banker bonuses up to 250% of salary
European bankers could be paid bonuses of up to 250 per cent of their fixed pay under a slight relaxation of tough new pay rules due to come in next year
10/22/2013
Millionaires Rely on Their Advisors for Most of their Financial Decisions
Nearly half of Millionaire investors who use a financial advisors report they rely on him or her for the vast majority of their financial needs
10/22/2013
Wealthier Investors Are More Confident in Their Financial Knowledge: Spectrem report
With great wealth comes great confidence in one’s financial literacy
10/22/2013
Raymond James reports record net income, profit for fiscal year
Results this quarter were lifted by a beneficial tax rate
10/22/2013
Herd Of Asian Elephants Let Loose On The Streets Of Los Angeles
The looming extinction of the Asian elephant population seems to be unheard of in the U.S.
10/21/2013
GAM to consolidate London offices as dollar drop hits AUM
GAM said it has integrated a number of teams at both group level and at Swiss & Global Asset Management
10/21/2013
Bellpenny Rolls Out Voyant Tools for Its Advisers
Newcomer Bellpenny is rolling out new software for its professional advisers and wealth managers to help them conduct lifetime cash flow planning.
10/21/2013
Pershing: wealth managers must review pricing structures
Pershing has urged wealth managers to review their price structures, after research found that fewer than 20% of firms use the cost of providing services as the foundation for determining price.