04/20/2012

FTSE license charges leave wealth managers seething

A spokesperson for FTSE denied any changes in its commercial policy, particularly for Apcims members. She added: ‘Our current licensing requirements remain. There may have been some members who were not aware of this.’

04/20/2012

Brewin Dolphin expands in Cheltenham

Alex Barrell, head of the Cheltenham office said: “We are very excited about our move. We needed to find larger premises but didn’t want to leave Cheltenham so St James’ is perfect.

04/20/2012

World’s Richest Worth $1 Trillion on Billionaire List

The 40 richest individuals on Earth lost a combined $6.2 billion yesterday as stocks dropped amid disappointing U.S. earnings, according to the Bloomberg Billionaires Index, a daily ranking of the wealthiest people.

04/20/2012

Billionaire Families Join Pledge on Giving

The billionaire founders of PayPal and Broadcom Corp. are among a dozen wealthy families that have agreed to give the majority of their wealth to charity, following in the footsteps of technology entrepreneurs such as Bill Gates and Mark Zuckerberg.

04/20/2012

Saudi women expanding wealth management role

A prestigious forum is being held in Jeddah today to help women in the Kingdom to improve their understanding of real estate investments, focusing particularly on the British market.

04/19/2012

Hargreaves Lansdown defies volatile markets

Hargreaves Lansdown, the quoted financial adviser, reported a £2.6bn rise in assets under administration to a record £26bn in the three months to the end of March as investor confidence rose slightly despite volatile markets.

04/19/2012

Wealth managers quietly shed jobs

All major Australian wealth groups are believed to be undertaking significant strategic changes following a reduction of fund inflow and poor equity markets.