05/10/2023
Hong Kong, China plan upgrade to Wealth Management Connect
The plans will see the wealth management scheme broadened out to include equities and an increase in the quota.
Wealth and Asset Management
05/10/2023
Gilson Gray financial management increase footprint in Dundee
The strategic expansion initiative has increased GGFM’s assets under management to over £650m, and the firm now employs more than 20 financial advisers who serve clients across the UK.
05/10/2023
ABN AMRO reports net profit of EUR 523 million for Q1 2023
In the first quarter of 2023 we delivered a very strong performance, with a net profit of EUR 523 million.
05/10/2023
Fairstone continues expansion into Home Counties
Fairstone said the deal creates a foundation for further deal-making in the region and brings £450m of funds under management (FUM) to the group.
05/10/2023
Credit Suisse’s Asia Clients Move Assets to HSBC
In the first quarter of 2023, HSBC attracted $22 billion in net new money from global clients, with almost two-thirds of it from Asia, global head of wealth and personal banking Nuno Matos told the news service.
05/10/2023
Brookfield Asset Management Announces Strong First Quarter Results
Distributable Earnings of $563 million in the First Quarter
05/10/2023
Cazenove Capital continues regional expansion with new Bristol office
Cazenove Capital, one of the UK’s leading wealth management businesses and part of the Schroders group, announces the opening of a new office to service its growing client base in Bristol and the South West.
05/09/2023
Rothschild & Co advises on four winning deals, The Banker Deals of the Year
Four of our transactions were named Deals of the Year by The Banker Deals of the Year, which considered deals completed in the 12 months to March 2023.
05/09/2023
UBS Advisor Bill Schoff Named to Barron’s Top 1200 Financial Advisors List and Forbes Best-In-State Wealth Advisors List
Bill is also an active member of the Rochester community, working with several local and philanthropic organizations.
05/09/2023
Mercer Partner and Wealth Business Leader Talks Improving Support for Investment Managers
The rapid expansion of the mass affluent market segment in Asia means wealth managers and private banks are keen to ‘democratise’ their services and their investment offerings across a wider audience of clients.
05/09/2023
Investments & Wealth Institute Awards Recognize Best of the Best in the Investment and Wealth Management Industry
Awards Announced at Institute's Annual ACE Academy Conference
05/09/2023
Goalsetter & Envestnet bring wealth building tools for financial advisors
This partnership aims to provide financial advisors with the tools their clients need to help them reach their long-term goals for building generational wealth.
05/09/2023
A Credit Suisse Star With a Cult Following Jumps Ship
With Pozsar's work closely tied to the problems that led to the banking turmoil in the US this year, many market observers wondered why the interest rate strategist had barely spoken recently.
05/09/2023
Succession scoops up £170m Scottish IFA in M&A push
Edinburgh-based IFA Spence & Spence become the firm's second acquisition under Aviva's ownership.
05/09/2023
UBS revamps management team ahead of Credit Suisse merger
As the wealth manager sets out its post-deal operation model
05/09/2023
Hong Kong and mainland Chinese authorities plan GBA Wealth Management Connect scheme overhaul, allowing Chinese investors access to global equities
GBA authorities finalising details of expanded Wealth Management Connect scheme, allowing mainland investors to buy global equity products
05/09/2023
Chiman Kwan: «Crisis Forced Them to Recognize the Importance of Diversification»
As a result, many of them have been forced to review their risk management strategies and explore a broader range of investment options.
05/08/2023
UBS chief draws up Credit Suisse leadership shortlist
UBS in March agreed to take over its rival for 3 billion Swiss francs ($3.37 billion), assuming up to 5 billion in losses as part of a deal hastily arranged by Swiss authorities
05/08/2023
Where do UHNWs bank and why? The UK’s most exclusive private banks
The UK's top private banks offer a discreet and exclusive service to their super-rich clients, but a lot has changed in the past 350 years
05/08/2023
The World’s Top 10 Highest-Paid Wealth Management Executives, 2022
In 2022, the CEOs of the top 10 firms in wealth management were paid an average of $27 million.