Managers of Wealth

Former Credit Suisse Banker Barret Creates M&A Boutique

He was co-head of Credit Suisse AG’s investment bank in France, Belgium and Luxembourg since 2009, after spending more than 15 years at Morgan Stanley.

Almost half of financial advisers believe the industry has not done enough to survive RDR - Heartwood

Almost half (43%) of financial advisers do not feel confident that the industry has accepted the need to make fundamental changes to its business models to survive the changes imposed by RDR, according to new research from Heartwood, the independently own

Goldman Sachs swings to profit

The firm ranked first in worldwide equity and equity-related offerings and common stock offerings for the year-to-date.

Vikram Pandit Steps Down as CEO of Citigroup

Board praised Vikram Pandit's "leadership, integrity and resilience in guiding Citi through the crisis and positioning it well for the future."

EFG International seeks to boost its presence in Asia

Meanwhile, the bank has been unwinding operations in other markets as part of its restructuring plans

Royal Bank of Canada targets Asian wealth

RBC Wealth Management, the world's sixth largest wealth manager by assets under management, is seeking small to medium-sized asset managers in Asia, and plans to more than double client manager numbers by 2015.

Why You Should Worry About China’s Wealth Management Products

Wealth management products, or WMPs, might be the best thing that ever happened to Chinese savers.

Citi Profit Slides, but Core Businesses Show Strength

Revenue decreased to $19.4 billion from $20.83 billion a year ago.

Aberdeen Asset opens New York office

The New York office will serve as a business development and marketing center and complements Aberdeen’s North American headquarters in Philadelphia, as well as the company’s on-the-ground business development presence in Chicago, Miami, San F

Leading Swiss Private bank to slash 10,000 jobs

The banking giant could shed 10,000 jobs in the near future, according to a report on Saturday in the Tages Anzeiger daily.

Swiss Banks Focus on Risk as Clients Seek Security, Odier Says

“Risk appetite has become core to the private banking service again,

Morgan Stanley Wealth Management continues adviser expansion focus

Following the company's joint venture with Citibank in June 2009, Morgan Stanley Wealth Management has added 45 advisers to its network and plans to continue building.

Hargreaves Lansdown reports record AUA and revenue

Record level of Assets Under Administration, increasing by £2.2 billion in the three months to 30 September 2012 to £28.5 billion.

Skandia cuts 200 jobs as it rebrands to Old Mutual Wealth

Group set to slash headcount as it merges Skandia businesses.

Managing Family Art Wealth Demands New Standards and Techniques

Many wealthy families are art lovers, own collections or actively buy and sell in the art market.

Can Smith & Williamson make its mark on IFAs?

The focused approach to funds taken by S&W Investment Management has seen it make great strides among its target wealth managers. Now it wants to do the same with IFAs.

JP Morgan's profit rises 34%

Results topped Wall Street expectations.

Ashcourt Rowan looks to expand financial planning arm with new offices

The firm has also made a number of job cuts at its Bath office, including intermediary relationship manager Derek Geen leaving.

French wealth management firm takes over boutique

They have joined forces with the Paris-based firm as it aims to build a 'multi-boutique' concept by joining forces with independent partners.

Gibraltar-based Private Wealth Manager Appoints RBC Investor Services

“From the outset, we have appreciated RBC Investor Services’ consultative approach and advice on aspects such as operational and risk management. When considering adopting a global custody model we were further convinced by their demonstrable

Wealth and Asset Management