Managers of Wealth

Wealth managers rarely fully assess the cost of servicing their clients - Gilly Green, Knadel

Do wealth managers know the real cost of managing their clients?

Friends Life awards £14.5 billion mandate to Schroders

Friends Life is to transfer £14.5 billion in assets from F&C to a new strategic partnership with Schroders

Private equity guru buys big stake in fledgling Liverpool fund firm

Via his family office, Perscitus Advisers, he has acquired a significant minority interest in the new fund management firm, which was founded in 2010.

Which Bank Is Most Exposed to Wealth Management Reform?

For many decades, Canadian investors have gotten a raw deal from their banks.

DBS to Buy Societe Generale's Private Banking Business in Asia

Further to the transaction, Societe Generale announces that it has entered into a memorandum of understanding with DBS to develop a commercial partnership combining the strengths of the two franchises for the benefit of their respective clients.

Bellpenny swells FUM by further £21m with latest purchase

Bellpenny, the national wealth manager and IFA acquirer, has acquired Essex-based Personal & Corporate Financial Solutions

Emirates NBD recognised by Euromoney as best provider of private banking services in UAE

Emirates NBD, a leading bank in the region, announced today that it had been named the “Best Local bank United Arab Emirates,” in the 2014 annual Euromoney Private Banking and Wealth Management Survey.

Coutts staff angered at bonus cuts

Staff at Coutts have reacted furiously after learning their bonuses have been slashed by 40% this year.

Emirates NBD recognised by Euromoney as best provider of private banking services in UAE

The survey, which classifies professional wealth management service providers according to international, regional and country-wise criteria, has named Emirates NBD Private Banking as the best local bank in the UAE in the area of wealth management.

Platforms divided as advisers hit out at re-reg exit fees

Advisers have urged platforms to scrap exit fees, which they argue create a costly barrier to re-registration.

Credit Suisse Lures Africa Entrepreneurs With Investment Bankers

Credit Suisse Group AG is deploying investment bankers to woo African entrepreneurs as the second- biggest Swiss bank tries to build its wealth-management business on the continent.

Bank of Singapore loses NRI team to Sarasin

They joined Swiss private bank J. Safra Sarasin in early March, and sources say more are expected to follow from BoS's NRI teams in Dubai and Singapore.

Australasian Wealth Investments making big moves in financial services space

An investment company which bought 49 per cent stake in van Eyk Research last year is planning to spend another $1 million on a financial services start-up.

City of London Wealth Management Awards 2014

Well done to Goodacre for organising a very good night, I look forward to next year.

DBS Near Deal for Société Générale’s Asia Private Banking Business

Singapore’s DBS Group Holdings is near an agreement to buy the Asian private banking business of French bank Société Générale SA in a deal valued at around $250 million

Canaccord Genuity Voted Wealth Management Company of the Year

This year a record number of votes were cast.

FxPro Recognised as Best FX Services Provider at the City of London Wealth Management Awards

FxPro Group Ltd has won the City of London Wealth Management Award for Best FX Services Provider at a ceremony held in the City of London’s Guildhall on 12thMarch 2014.

IFG Group Sells IFA Business For £9.1 Million

James Hay and Saunderson House parent company IFG Group has sold its IFA arm to Ascot Lloyd.

Excellence in UK Private Asset Management Celebrated at the PAM Awards Gala Event

Senior private asset managers enjoyed a lavish gala event, celebrating the exceptional achievements of private asset managers, organised by PAM Insight with Wendy Marston Events.

F&C sees “significant headwinds” despite profit rise

Fund flows from the Consumer and Institutional business were strongly positive in the fourth quarter at £771 million

Wealth and Asset Management