Managers of Wealth

Liechtenstein bank reports US tax deal hits profits

The bank maintained in July that the agreement would have no impact on its income statement

NAB continues Wealth Division Reshuffle

NAB's is reshuffling its wealth management division after revealing redundancies of key roles and has appointed a new general manager of Advice Partnerships.

Moore Stephens appoints GM of wealth management

He managed wealth teams at AXA and AMP for over 25 years and brings with him a wide knowledge in strategic business management in financial planning.

Asia’s Infinity Financial in major deal with UK star manager Bestinvest

Infinity says “a large percentage” of its existing clients have thus far switched some or all of their investible assets over to Bestinvest (BI), and “virtually all new clients are choosing it as their investment manager”.

Notenstein Emerges From Dark Shadow of Wegelin Bank

In Wake of Wegelin's Tax-Evasion-Related Demise, Switzerland's Notenstein Targets Socially Responsible Investing

Wealth-X Supports Turquoise Mountain With UHNW Prospecting As Part Of Its Giving Back Programme

Wealth-X will provide the non-profit organisation unrivalled access to the world's largest collection of curated research.

Mattioli Woods assets soar following acquisition spree

Overall the firm’s profits before tax increased by 10% to £5.5 million

Coutts hires HR head from Moscow-based firm

She joins Coutts from The Renaissance Group

LGT Group sustains high net asset inflows in the first half of 2013

LGT Group, the international private banking and asset management company, made good headway in its core operating businesses in the first half of 2013

Charles Stanley tops advised assets under management

The research, which covered 32 DFMs that offer outsourced services to financial advisers, found that more than £24bn is managed on this basis, with the average amount managed per client at £249,477

Valartis Group to Merge or Sell Swiss Private Bank

Swiss private banks have been looking to cut costs as they grapple with low interest rates and slack client activity which have eaten into profits

Old Mutual has big plans for its wealthy clients

We have sourced the capability in terms of the information technology required

Valartis Group closes the first half of 2013 with a slight profit

Valartis Group closed the first half of 2013 with a profit of CHF 0.1 million. In an on-going challenging market environment

How wealth managers are pitching their restricted status to the public

The new rules, which were introduced in January are full of intricacies, as firms seeking to describe themselves as independent have to advise on the full scope of retail investment products, which includes life assurance policies and pensions.

McQuaker: Managers To Back When The Red Turns Off the QE Tap

Henderson's Head of Multi-Asset Bill McQuaker is backing value managers to outperform in what he describes as a more 'granular market'

Boutique bank Lesmoir-Gordon, Boyle & Co is riding high

But Lesmoir-Gordon, Boyle & Co, a boutique bank set up by Schroders’ veterans Richard Lesmoir-Gordon, Andrew Boyle and Nick Smith, is aiming to change that.

Millionaires Abound in Major African Cities, a study finds

Johannesburg has the top number of millionaires on the African continent with some 23,400 very rich people

Amid the decline, India's wealth club keeps growing

The membership numbers for its wealth club just keep on rising

Bank Leumi clarify exec pay policy

Bonuses will only be distributed at Leumi if the bank's return on equity reaches 7.5%

ABN AMRO Q2 slips, warns of higher loan impairments in 2013

Dutch state-owned bank ABN AMRO reported second-quarter net profit of 402 million euros ($536.5 million)

Wealth and Asset Management