11/01/2023
Calton Wealth makes first acquisition in ‘key step’ for growth plans
Founder and managing director Ian Morrison will join Calton as an employed adviser from today (1 November).
Wealth and Asset Management
11/01/2023
Why St James’s Place and Britain’s troubled wealth managers could be a savvy bet for investors
The UK’s biggest wealth manager St James’s Place has seen its value fall by more than 42 per cent this year, while rival Quilter has fallen by more than 15 per cent.
11/01/2023
New Swiss Custody Bank on the Horizon
For years, the market has been firmly under the aegis of a number of established providers.
11/01/2023
Quilter Investors Cirilium range adds new value and infrastructure funds
The global economy has continued on a trajectory that implies a ‘soft landing’ or ‘muddle through’ environment.
11/01/2023
Lumin Wealth acquires BW Financial Consultants
This partnership will enable us to leverage their extensive resources and technology, allowing us to enhance our service offerings.
11/01/2023
Ex-RBC Wealth Management duo launch advice firm for HNWIs
Six Degrees has been founded by Katherine Waller and Ollie Saiman, who have more 40 years of combined experience, including more than a decade at RBC.
11/01/2023
Fideuram – Intesa Sanpaolo Private Banking and Man Group close Asteria transaction and launch new partnership
The completion of the Asteria transaction is the first step in the new partnership.
11/01/2023
Premier Miton strikes deal to buy Tellworth Investments
The asset management firm is to spend up to £6m on the acquisition of the investment boutique.
10/31/2023
Wealth management leaders to study future of the industry
Forward-looking study will analyze how worldwide shifts in investor demographics and needs are expected to transform the wealth industry
10/31/2023
Advies joins Saltus Partnership Programme
This marks a significant milestone for the Saltus Partnership Programme as it continues to build on its existing partners and expand the number of businesses it supports.
10/31/2023
Vontobel achieves stable result for first nine months of 2023
As a result of rising geopolitical risks, institutional investors are staying on the sidelines rather than making new investments.
10/31/2023
Interim results of the Swiss National Bank as at 30 September 2023
As at end-September 2023, the SNB recorded a profit of CHF 1.7 billion before the allocation to the provisions for currency reserves.
10/31/2023
Wealth Manager Top 100 2023: The next 25 top fund pickers
Unveiling the second batch of 25 names to make the cut in this year’s study of the UK’s top fund selectors.
10/31/2023
5 Wealth Management Fintechs Making Waves in Singapore
A core focus of the revamped ITM 2025 will be to broaden the financial industry’s capabilities in several asset classes, including wealth management fintechs.
10/31/2023
Odey Asset Management to wind down business
Follows closure of subsidiaries
10/31/2023
UBS Client Advisor awarded Level 6 Certificate in Private Client Investment Advice and Management
This Level 6 certification demonstrates Will’s exceptional understanding of the principles of private client investment advice and how those principles are integrated into the exemplary support he provides.
10/31/2023
Elon Musk’s Halloween Scare: Personal wealth nosedives by $41 bn as EV sales tank in the US
It seems that for Elon Musk, Halloween is off to a bad start.
10/30/2023
Morgan Stanley Gives All Three CEO Contenders Special Bonuses of $20 Million
The committee granted the awards in acknowledgment of the board’s assessment of the criticality to the continued success of Morgan Stanley of ensuring that each executive continues their outstanding leadership in their new roles.
10/30/2023
Britain's wealth managers on the ropes as their own shares plummet
The biggest loser has been St James's Place, whose shares have dived by 44 per cent – or £2.6 billion – after the consumer duty regulations came into force in July.
10/30/2023
The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers
The investment bank isn’t alone in coming to this conclusion.