Managers of Wealth

Northern Trust's quarterly net up on higher fee

Assets under custody rose 14% to $4.761 trillion while assets under management increased 16% to $749.7 billion.

Deutsche Bank Private Wealth Management joins Suggestus

Following an extensive due diligence process, DB PWM has also been awarded the ARC Approved Due Diligence Kitemark.

US Wealth management firm opens new offices

“Our goal is to continue building a family-oriented wealth advisory business

Six top financial advisors launch independent wealth management firm

The team of top performing national advisors has over 80 years of collective advisory experience and plans to maintain nearly $450 million in client assets.

Merrill Lynch Wealth Management's brokerage defections continue

Merrill Lynch Wealth Management's main brokerage force shrank by 75 advisers

Man Group Outflows Increase to $2.2 Billion on ‘Subdued’ Sales

Customers pulled a net $2.2 billion from the firm

Swiss private bank eyes Asia institutions

Banque Syz is relocating staff to Asia to focus on asset owners

Arbuthnot Banking trading well

This will result in some compression of its customer margins

Geneva banks welcome Spanish, Mideast flows in tough times

New clients fleeing Spain's debt crisis and havoc in the Middle East have buoyed assets managed by banks in Geneva even though the outlook for the Swiss safe haven remains difficult, bankers said on Wednesday.

Charities should set an example on ethical investment, survey of investors finds

Three in five say charities should take the lead on 'stewardship' issues, but Penny Shepherd of Uksif says not enough of them are signed up to the Financial Reporting Council's stewardship code

AXA Wealth bares all - full RDR product charge details now available

AXA Wealth has announced the full details of its post-RDR product changes and how the transition from present to future will work.

Russian Middle Class to Number 74 Million by 2050, HSBC Predicts

President Vladimir Putin, who returned to the Kremlin for a six-year term in May, wants to boost the size of the middle class to as much as 70 percent of the population, while reducing the country’s income gap.

Commonwealth Announces New Cash Investment Management Services

Leading CAM’s institutional offering is Henley L. Smith

UBS further expands wealth management operations in Australia

The other big players locally are State Street and BlackRock’s iShares.

Hong Kong’s largest IFA seeks to expand product offering

The firm has a sales force of about 1,500 people and an estimated 60,000 customers

Wealthy Arabs buy right to live in Britain

The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the Arab Spring as investors look to flee political turmoil in their home country, financial advisors have told Arabian Business.

BNY Mellon profit rises 11 percent in third quarter

Net income at the world's largest custody bank was $720 million, or 61 cents a share, compared with $651 million, or 53 cents a share, a year earlier.

BNP Paribas Wealth Management reaches milestone

BNP Paribas Wealth Management has now passed an initial milestone

Qatar cash, prospects lure top bankers to local firms

Qatar is expanding in the Arab world's banking sector mainly through Qatar National Bank (QNB)

Rothschild Bank Wades Into Indonesian Deal Row

The role of Rothschild, the investment bank, will be to provide a fairness opinion to judge whether the independent board members should accept the offer from the Bakries.

Wealth and Asset Management