02/23/2024
StanChart records $14bn wealth inflows as it announces strategic overhaul
The British lender is to cut $1.5bn of costs, buy back $1bn of shares and distribute $5bn over the next three years as it looks to bolster its ailing share price.
Wealth and Asset Management
02/23/2024
JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says
The sale is not related to leadership succession and the bank chief had no current plans to sell more stock, but could consider doing so in the future, a company spokesperson said in October.
02/22/2024
SJP’s Onuekwusi: Fee unbundling will make our funds look better
Justin Onuekwusi says the performance of SJP strategies has been ‘pretty good’ over the long term and that clarity over fees will help like-for-like comparisons.
02/22/2024
UBS eyes Australia’s richest family offices in latest wealth play
The Swiss bank is advancing the integration with former rival Credit Suisse.
02/22/2024
Nucleus replatforming project could take five years, says Fundscape CEO
Bella Caridade-Ferreira is our guest on the latest episode of The Advice Show.
02/22/2024
Lombard Odier lands prestigious pension mandate
With this, the British hope to achieve sustainable income and solid investment returns.
02/22/2024
Northern Trust Appointed by Sanlam Asset Management (Ireland) Limited
Appointment Confirms Northern Trust as Sole Asset Servicing Provider for US$8.7 billion Investment Management Platform
02/22/2024
Söderberg adds performance reporting tool following platform launch
Advisers will be able to show capital and income returns across single and multiple accounts.
02/22/2024
Lyfeguard partners with Finova Money to overhaul financial planning and digital wealth management
The platform enables clients to share vital personal and financial information with family and friends to build a digital legacy and facilitate inclusive financial planning.
02/22/2024
Wealth Club launches portfolio service ‘40% cheaper’ than DFMs
The service, managed by investment research head Jonathan Moyes, has average ongoing costs of 1.08%.
02/22/2024
Wealth Management: Baker Tilly Partners with Wealthtech Addepar to Diversify Revenue Streams
They partnered with Addepar in order “to help grow their Family Office client base, diversify revenue streams and continue to provide the best in personalized, transparent wealth solutions.
02/21/2024
J.P. Morgan Private Bank grows presence in Scotland
The new team of dedicated advisors will join the existing team based in Edinburgh and will provide wealth management services to individuals, family offices, charities and family foundations across Scotland.
02/21/2024
LPL Financial Launches Bespoke Planning and Investing Solutions to Help Advisors Attract and Serve High-Net-Worth Investors
Building on the successful launch of Tax Planning, LPL’s Business Solutions team continues to evolve customized ways for advisors to offer innovative planning solutions for affluent families
02/21/2024
HSBC Holdings plc Annual Results 2023
This reflected four years of hard work and the strength of our balance sheet in a higher interest rate environment.
02/21/2024
Carolyn Armitage Launches Consulting Firm for Wealth Management CEOs
The new business will focus on helping executives at registered investment advisors and hybrid firms with succession planning, team management, and strategic decisions.
02/21/2024
UBS Wealth Management pushes back Fed rate-cut forecast to June
U.S. consumer prices rose more than expected in January amid a surge in the cost of rental housing, recent data showed, while job growth accelerated and wages increased by the most in nearly two years.
02/21/2024
Al Ahli Bank of Kuwait Elevates Customer Experience with Nationwide Private Banking Expansion
The hustle of everyday banking often leaves little room for personalized attention.
02/21/2024
EFG International Record profit
We made strategic investments in EFG’s future growth in 2023
02/21/2024
Two Rothschild Bank Clans Fight Over Clients, Power and the Family Name
The Swiss and French branches are both leveraging the family name to win a bigger piece of the lucrative global wealth-management pie. The odds are rising that the best way forward would be a merger.
02/21/2024
Meet the new man at the helm of Canaccord in Jersey
CHARLES Cohen has had a varied career leading to his move to Jersey which will help him face any challenges ahead.