10/17/2012
Six top financial advisors launch independent wealth management firm
The team of top performing national advisors has over 80 years of collective advisory experience and plans to maintain nearly $450 million in client assets.
10/17/2012
Merrill Lynch Wealth Management's main brokerage force shrank by 75 advisers
10/17/2012
Customers pulled a net $2.2 billion from the firm
10/17/2012
Swiss private bank eyes Asia institutions
Banque Syz is relocating staff to Asia to focus on asset owners
10/17/2012
This will result in some compression of its customer margins
10/17/2012
New clients fleeing Spain's debt crisis and havoc in the Middle East have buoyed assets managed by banks in Geneva even though the outlook for the Swiss safe haven remains difficult, bankers said on Wednesday.
10/17/2012
Three in five say charities should take the lead on 'stewardship' issues, but Penny Shepherd of Uksif says not enough of them are signed up to the Financial Reporting Council's stewardship code
10/17/2012
AXA Wealth has announced the full details of its post-RDR product changes and how the transition from present to future will work.
10/16/2012
President Vladimir Putin, who returned to the Kremlin for a six-year term in May, wants to boost the size of the middle class to as much as 70 percent of the population, while reducing the country’s income gap.
10/16/2012
Leading CAM’s institutional offering is Henley L. Smith
10/16/2012
UBS further expands wealth management operations in Australia
The other big players locally are State Street and BlackRock’s iShares.
10/16/2012
Hong Kong’s largest IFA seeks to expand product offering
The firm has a sales force of about 1,500 people and an estimated 60,000 customers
10/16/2012
The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the Arab Spring as investors look to flee political turmoil in their home country, financial advisors have told Arabian Business.
10/16/2012
Net income at the world's largest custody bank was $720 million, or 61 cents a share, compared with $651 million, or 53 cents a share, a year earlier.
10/16/2012
BNP Paribas Wealth Management has now passed an initial milestone
10/15/2012
Qatar is expanding in the Arab world's banking sector mainly through Qatar National Bank (QNB)
10/15/2012
The role of Rothschild, the investment bank, will be to provide a fairness opinion to judge whether the independent board members should accept the offer from the Bakries.
10/15/2012
NAB wealth division appoints new hedge fund adviser
"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley
10/15/2012
The bonus shares were awarded on the condition of the deal between the Bakries and Rothschild being a success.
10/15/2012
Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.