12/13/2023
Close Brothers AM buys Dorset-based IFA adding £220m in assets
The wealth manager’s purchase of Bottriell Adams is subject to approval
Wealth and Asset Management
12/13/2023
What asset management M&A means for private bank chiefs
Super Allocators expect consolidation to continue apace, but will this restrict the availability of new ideas?
12/12/2023
UBS expands Wealth Management capabilities in Arizona, unveils new offices in Phoenix and Scottsdale
Seven financial advisors in the region completed advanced training and received industry certifications to support business owners and UHNW investors
12/12/2023
Why Julius Baer shares are falling and falling
The downward pressure is surprising, given that there has been no bad news for more than a week.
12/12/2023
FCA tells platforms to stop ‘double dipping’ on cash; HL and AJ Bell shares sink
Platforms and Sipp operators must stop retaining interest on clients’ cash holdings by the end of February if they also charge a platform fee on that cash.
12/12/2023
Atria Wealth Solutions Welcomes $350 Million Team from Osaic
OPOC.US Joins Atria's Cadaret Grant for Award-Winning Technology and Advisor-Centric Culture
12/12/2023
Schroders Group financial planner buys IFA firm
The firm will fully align with Benchmark over the next twelve months
12/12/2023
UK wealth manager makes two acquisitions
Including the client base of retired IFA
12/12/2023
High-net-worth individuals and families have worrying gaps in their financial security
New report shows lack of protection for possessions, data and reputation
12/11/2023
Harlan Partners Joins Crescent Wealth Management as an Affiliate Partner
This partnership brings an expanded scope of services in the financial and insurance industry, allowing the managing partners of Harlan to offer more sophisticated solutions to their clients.
12/11/2023
Macquarie private bankers pop up at rival
Shaws has been on a tear this year, picking off almost 20 Morgan Stanley Wealth Management Australia advisers last month who together oversee some $3 billion in total assets.
12/11/2023
Coutts banker wins prestigious Banker of the Year Award
Alison Graham won the ‘Banker of the Year’ at the Women in Finance UK Awards 2023
12/11/2023
Ex-GAM bidder Liontrust hit by downward spiral
This is after they have lost more than half of their value over the course of the year.
12/11/2023
M&G With Profits fund pours $20m into crypto platform
M&G’s flagship fund invests in GFO-X, the UK’s first regulated bitcoin derivatives exchange, on signs the crypto regulatory landscape has matured.
12/11/2023
Lucerne boutique outsources portfolio management to focus on engagement
CSR Beratungsgesellschaft will take over the portfolio management of Ethius Invest’s fund, as the two sustainable investment specialists launch a partnership.
12/11/2023
Julius Baer scoops two Channel awards
The annual awards are focused on the wealth management industry, and winners are selected by a distinguished panel of independent judges for performance, innovation, and excellence.
12/11/2023
7IM buys financial planning firm Amicus Wealth
The addition of Amicus Wealth creates a group with a combined AUM of approximately £22bn, employing over 550 people.
12/11/2023
BNP Paribas Wealth Management Shares Key Investment Themes and Outlook for 2024
In addition, governments will need “to commit considerable resources to reduce reliance on fossil fuels and transform the economy in order to meet climate goals.
12/11/2023
Deutsche Bank completes € 450 million share buyback program
These distributions represent progress towards management’s goal to distribute around € 8 billion to shareholders in respect of the financial years 2021 - 2025.
12/08/2023
Apac remains a growth region for asset managers: KPMG
A new report by KPMG finds that asset managers can generate higher and more stable margins in Asia Pacific.