08/27/2013
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
08/26/2013
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
08/26/2013
We have sourced the capability in terms of the information technology required
08/26/2013
Valartis Group closed the first half of 2013 with a profit of CHF 0.1 million. In an on-going challenging market environment
08/26/2013
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.
08/26/2013
Henderson's Head of Multi-Asset Bill McQuaker is backing value managers to outperform in what he describes as a more 'granular market'
08/25/2013
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.
08/25/2013
Johannesburg has the top number of millionaires on the African continent with some 23,400 very rich people
08/22/2013
The membership numbers for its wealth club just keep on rising
08/22/2013
Bonuses will only be distributed at Leumi if the bank's return on equity reaches 7.5%
08/22/2013
Dutch state-owned bank ABN AMRO reported second-quarter net profit of 402 million euros ($536.5 million)
08/22/2013
Quilter Cheviot teams come together in Liverpool
They form part of the Quilter Cheviot North West operation, which also includes Manchester and North Wales, with total funds under management of more than £1.2bn.
08/21/2013
IFA acquirer and wealth manager Bellpenny has completed its acquisition of Glasgow based IFA firm KM Financial Advisers.
08/21/2013
UBS Global Asset Management has announced that its leading Alternative and Quantitative Investments hedge fund platform will be reorganised into two separate business areas with immediate effect
08/20/2013
Although the reason for downing shutters is not known, informed sources indicate that it could be due to a global restructuring plan
08/20/2013
We are pleased to announce the launch of our job section of the site
08/20/2013
Raymond James Financial Inc.'s assets under administration grew 12% in July to reach a new record of $418 billion
08/19/2013
“ANZ Wealth is the overall division name we use globally, while OnePath is an external customer brand that is utilised to distribute offerings through financial advisers,” the bank’s spokesperson said.
08/19/2013
Old Mutual South Africa’s wealth management business, which combines seven of its business units into one division, started operating in August.
08/19/2013
BN Amro bank is likely to be sold off in its entirety when the government privatises it, rather than divested in tranches