Managers of Wealth

Old Mutual Wealth chief sets out distribution plans

Chief executive describes them as “strategic partnerships”.

Raymond James’ Pay Grid Gets Long-Awaited Facelift

Introduced a new product-neutral pay grid as the firm looks to stay competitive with industry standards.

Christopher Weil & Company Launches IMA Partner Professionals to Expand Expertise and Offerings

“We have always been committed to being more than just a typical wealth management firm.”

Aberdeen Asset Management raises AuM and new business

Assets under management of £193.4 billion at 31 December 2012 were 3% higher than at 30 September 2012.

Citi Falls Short on Earnings; Blames New Regulations

Fourth Quarter Results Included $1.3 Billion of Legal and Related Expenses

Billions in bankers' bonuses could be delayed until April when top rate of tax is cut

City firms planning to defer bonus payments until after top 50p tax rate drops to 45p

China sovereign wealth fund may cut US debt holdings

“From a long-term perspective, it is not a good investment target.”

Bendigo Wealth ahead of targets

Bendigo Wealth Management is ahead of its three-year targets, as the company continues to look for expansion.

UBS launches China unit, eyes wealth management business

"It is UBS's plan to be one of the leading wealth management providers in China and the subsidiary bank is critical to realize this goal", the statement added.

Arbuthnot Banking in line with market expectations

Arbuthnot Latham took advantage of the prevailing market conditions by hiring a number of executives in the fourth quarter, who will help the business to focus on growing its wealth management franchise for customers based both here in the UK and internat

JPMorgan Beats on Earnings

JPMorgan Chase & Co. today reported net income for the fourth-quarter of 2012 of $5.7 billion, compared with net income of $3.7 billion in the fourth quarter of 2011

CNB Bank names new VP of wealth and asset management division

CNB Bank, which provides trust and asset management services

Wealthy buyers brush off UK's new taxes

Many super-prime homes are owned by shell companies set up in tax havens such as the Cayman Islands to avoid transaction levies and to remain anonymous.

Regions Picks Prudential's Wealth Platform for Its Institutional and Private Clients

"Our goal is to give our wealth advisors in the field all the tools they need to help our clients achieve their goals."

BNP Paribas Wealth Management reinforces its investment strategy

BNP Paribas Wealth Management is strengthening its investment strategy resources in order to meet the growing demand from its Private Banking clientele for market intelligence.

US Trust Focuses on the Family

U.S. Trust has introduced Family Wealth Services, a comprehensive approach to meeting the specialized needs of high net worth families and the increasingly complex issues that parents, children and extended family members now face.

Liontrust retail assets hit £2bn as inflows soar

Net inflows of £64 million in the Interim Period, over four times the equivalent period last year

Sanlam looks to treble assets through regional expansion

The group is eyeing up the Midlands, Ireland and Scotland...

ABN AMRO rolls out Asia-focused discretionary portfolio management

Anticipating the growth of DPM services in the region, ABN AMRO Private Bank recently rolled out four Asia-focused DPM mandates that invest only in Asia securities.

The View from Goldman Sachs’ Private Wealth Unit

The bank’s ultra high net worth clients, Mossavar-Rahmani said, are “the only constituent that can afford to have a very long horizon.

Wealth and Asset Management