03/15/2023
Morgan Stanley Wealth Management Announces Key Milestone in Innovation Journey with OpenAI
Morgan Stanley currently OpenAI’s only strategic client in wealth management
Wealth and Asset Management
03/15/2023
Wealth managers bracing for compensation claims
The behavioural finance experts found that 77% expect regulatory change will result in the need to better understand risk tolerance and suitability.
03/15/2023
JM Finns wins award for Discretionary Wealth Management
At the annual City of London Wealth Management Awards held at The Guildhall, JM Finn was presented with the award for Best Discretionary Wealth Management.
03/15/2023
Resilient 2022 Results and Evolving Governanc
The commercial momentum helped to sustain assets under management, which stood at 158 billion Swiss francs.
03/15/2023
Philanthropic Funds for Charitable Giving Grow in Popularity
One major aspect of Scott’s philanthropy that fascinates me is the fact that she is disrupting a large part of the traditional way of giving through foundations.
03/15/2023
Kingswood expects UK annual profits to grow by 54%
Overall, the group expects total revenue to decrease by 3.9 per cent year-on-year to £143.6mn.
03/15/2023
Liberum predicts 50% boost to Quilter shares
Analyst James Allen has put a ‘buy’ rating on the stock, suggesting its P/E is significantly lower than competitors
03/15/2023
Swiss banks say rich Chinese clients worried about sanction prospects
Many said they were worried about the chilling effect on a lucrative line of business and crucial source of future growth.
03/15/2023
Swiss economy: Lack of growth drivers; energy crisis has only a limited impact on industry
Although the energy crisis is having a noticeable impact on some energy-intensive sectors, in-depth analysis shows that the overall effect on Swiss industry is less significant compared to other European countries.
03/15/2023
DBS Acts as Anchor Investor in Impact Fund
Launched in August 2022, AIFF was designed through a partnership between DBS Foundation and Heritas Capital, a Singapore-based private equity and venture capital firm.
03/14/2023
16 J.P. Morgan Wealth Management Advisors Recognized on Barron’s Top 1,200 Ranking
The rankings are based on assets under management, revenues generated by the advisors for their firms, and the quality of advisors’ practices.
03/14/2023
Five UBS Advisor Teams in Arizona Named to the Forbes Best-In-State Wealth Management Teams List
Three of the five teams are based in Phoenix, and two are in Tucson.
03/14/2023
Celent's Model Wealth Manager 2023 Awards Program
The submissions for this year’s Model Wealth Manager Awards program were not only competitive, but also testament to the industry’s determination of bringing personalized, streamlined, and optimized wealth management
03/14/2023
Credit Suisse (Schweiz) AG has published its Annual Report 2022
The financial reports of Credit Suisse
03/14/2023
Skerritts Group continues growth with the purchase of the Horsham-based Financial Planning Firm, Mercier Allen & Associates Ltd
In January 2023, another acquisition was announced with the purchase of Kent-based Financial Planning Firm, Equinox Wealth Limited, which brought another £62 million of AUM.
03/14/2023
Close Brothers Half Year Results
Although underlying credit performance remains resilient, the increased uncertainty in the economic outlook has been reflected in higher forward-looking impairment provisions and a rise in arrears in Motor Finance.
03/14/2023
Silicon Valley Bank: What happened and what’s the investor impact?
The main reason this was necessary is because the bank invested deposits in long duration (interest rate sensitive) bonds when interest rates were very low.
03/14/2023
Edmond de Rothschild Coroprate Finance advises Collingwood Lighting and its Shareholder Ambienta in the Acquisition of Indigo Lighting
The business is led by Olivier Lapiere and Sebastien Dumont who have both reinvested alongside Ambienta as part of the transaction.
03/14/2023
Dowgate offers 'better than average' compensation to poach wealth managers
Central to his approach for growing the wealth management business is a plan to recruit managers from other firms, including firms that have been taken over, and where the wealth managers may feel constrained by being part of a larger organisation.
03/14/2023
DWS Wins Multiple Awards in Asia Pacific
The annual Asian Private Banker’s Asset Management Awards for Excellence honours and identifies outstanding providers of asset management products and services to private banks in the Asia Pacific region.