07/29/2013
Investors turn to friends and family to find financial advisors
Friends and family are the most often used resource when an investor is trying to find an investor
Wealth and Asset Management
07/29/2013
UBS Wealth Management delivers highest profit in four years
UBS adjusted profit before tax CHF 1 billion
07/29/2013
Mattioli Woods buys wealth manager in £6m deal
The deal comprised initial consideration of £3.24 million, including £0.375 million in cash and 946,256 new shares.
07/29/2013
Deutsche Bank Profit Tumbles on Legal Costs
Continental Europe’s biggest bankset aside €600 million to cover legal costs
07/29/2013
UBP Increases Net Earnings by 10%
Assets under management amounted to CHF 81.1 billion (USD 85.7 billion) as at 30 June 2013
07/29/2013
VIEL & Cie reports revenue in the second quarter of 2013 up 1.9%
The Group's financial situation has not changed significantly since the publication of its 2012 financial statements.
07/29/2013
UBS Has Relationship With 80% of Asian Billionaires, Chief Says
The Swiss lender that’s shrinking its investment banking business to focus on wealth management, said it has a business relationship with as many as eight out of 10 billionaires in Asia.
07/29/2013
Raymond James Launches Portfolio Management Tool for Advisors
Raymond James Financial launched Portfolio Management Center, a portfolio management and research tool for its employee and independent-channel advisors.
07/29/2013
Flemings seeds new Investec fund
Fleming Family & Partners, the multi-family office, has seeded a new Africa-focused fixed-income fund with Investec Asset Management
07/28/2013
Advisers Must Understand Millennials To Attract Them
Members of the so-called millennial generation like to live for today
07/28/2013
Centric under the hammer
FINANCIAL planning chain Centric Wealth is up for sale
07/28/2013
Aberdeen AM reports £9.7 billion of new business won in the quarter
Assets under management £209.6 billion
07/28/2013
Charles Stanley chairman nets £80k from share sale
The chairman netted around £80,000 after trimming his exposure to the private client stockbroker.
07/28/2013
Lourd Capital Management Rebrands as LourdMurray
Often working with athletes and entertainment professionals, among other high-net-worth individuals, the firm acts as a fiduciary, helping clients achieve their goals as well as instilling them with basic financial planning skills.
07/28/2013
Moelis, Rothschild Take Lead on Omnicom-Publicis Merger
The two companies’ combination didn’t require the issuance of debt or new equity
07/26/2013
How the Big Six banks won the battle for Canadians’ wealth
The white flag of surrender hasn’t quite been raised, but the war for the Canadian investor looks all but over.
07/26/2013
Odds are your family business will not pass to the next generation
Remarkably, only 15 percent of family businesses pass to the next generation, and even fewer survive to the third (according to a global study conducted by U. S. Trust, Bank of America Private Wealth Management, Prince and Associates and Camden Research)
07/25/2013
Charles Stanley revenues up 31%
Charles Stanley's revenue for the three months to the end of June r
07/25/2013
A new era of ethical investment? A fifth plan to get financial advice for the first time
One in five people who have previously not received financial advice plan to do so in the future to prepare for retirement, according to new research.
07/25/2013
RIAs must be prepared for aggressive SEC enforcement
For registered investment advisers, times have changed, indeed. Unfortunately, too many investment advisers are living in 2002 when it comes to awareness of and preparation for regulatory action.