04/28/2013
Independent Asset Managers Thrive in Crisis
More wealthy individuals, particularly in Asia, have approached the independents for advice free from attachments to corporate affiliations.
Wealth and Asset Management
04/28/2013
Aberdeen Asset Management finds life is sweet
Investment management group seems to have surprised even itself with how well life is turning out
04/28/2013
Lloyds Weighs Sale Of International Wealth Business
Lloyds has been looking in recent months to sell at least a substantial stake of the business to a top-tier wealth management company, according to a person familiar with the talks, which are at an early stage and haven't yet identified a likely buye
04/27/2013
SG Cantonalbank says may sell part of Hyposwiss private bank
Cantonal Bank of St. Gallen said it may sell parts of Hyposwiss
04/27/2013
Forbes Recognizes Leading Status of Convergent Wealth Advisors
Convergent ranks number ten in Top 50 Wealth Managers
04/25/2013
KPMG launches Global Centre of Excellence for Family Business
Our collaboration with KPMG helps us further our mission of strengthening families, businesses
04/25/2013
Morgan Stanley's new wealth boss targets growth
Plans to shift to a more "holistic wealth management fee-for-advice" approach.
04/25/2013
Canadian Western Trust to act as custodian for GP Wealth Management's Signature Service Accounts
"CWT is excited to partner with GP Wealth's financial advisors, through our self-directed fee-for-service platform, to offer GP Wealth's Signature Service Account."
04/25/2013
Citibank Unveils Specialized Wealth Advisory Service for HNW Business Clients
Business owners and C-level executives better able to make informed personal investment decisions with an understanding of business risks
04/25/2013
Van Lanschot reports profit growth in Q1 2013
Net profit in Q1 2013 of € 24.8 million
04/24/2013
BMO Harris Private Banking Named Best Private Bank in Canada for Third Consecutive Year
They were was cited for its leadership.
04/24/2013
Raymond James profit up on private client results
Though its capital markets business saw weaker profits.
04/24/2013
SJP funds under management grow 12% in Q1 to £39bn
Continued significant growth in new business with funds under management up £4.2 billion to a record £39 billion
04/24/2013
Post-RDR business upswing triggers Beacon Wealth hires
Cambridgeshire-based Beacon Wealth Management has put its recruitment plans into place earlier than expected
04/24/2013
UK wealth managers enduring post-RDR slump in confidence
A study from Pershing examines the extent to which UK wealth managers are being forced to re-examine their value proposition in light of the implementation of the RDR.
04/24/2013
Tier One's ex-Coutts duo insist suitability doesn't mean standardisation
While it remains to be seen how this will play out under the Financial Conduct Authority, recent start-up Tier One Capital – founded by former Coutts managers Stephen Black and Ian McElroy - is trying hard to walk the line between these two extremes
04/23/2013
China to increase scrutiny on wealth management products
China will heighten oversight on wealth management products in 2013 by taking a closer look at money flows off banks' balance sheets to reduce financial risks at a time when growth is slowing in the world's No. 2 economy.
04/23/2013
EFG International completes sale of remaining stake in EFG Financial Products
The transaction, which was announced on 12 March 2013, was closed on 23 April 2013.
04/23/2013
Credit Suisse Profit Soars in First Quarter
High returns, strong client franchises, reduced cost base and lower risk- weighted assets:
04/23/2013
Barclays first quarter profits fall 25%
Barclays expects to make a further £500m charge later this year.