04/30/2022
7IM updates platform to streamline portfolio management
This upgrade has an extension also providing the ability to link and unlink client portfolios to specific models, the firm said.
Wealth and Asset Management
04/29/2022
Schroder Investment Solutions wins Best Model Portfolio Service at the Professional Adviser Awards 2022
Selected by a panel of independent judges, SIS was recognised for its standout range of model portfolios.
04/29/2022
Entrepreneurs choose property over pension for wealth generation
The survey among entrepreneurs and wealthy individuals in the UK found that entrepreneurs are more likely than wealthy individuals overall to have amassed wealth through investment in property, and less likely to have done so through a pension.
04/29/2022
Next in asset and wealth management
This has exacerbated other challenges facing the industry, including intense fee pressure, rising costs and changing investor preferences.
04/29/2022
How to manage sudden wealth, and avoid the pitfalls that may come with it
Wealth management can support individuals in three ways.
04/29/2022
EFG delivers solid operating results
EFG achieved a solid operating result in the first three months of 2022,
04/29/2022
Lights Out in Moscow for UBS and Credit Suisse
While rival Goldman Sachs flew its staff to the Middle East and Société Générale, with a heavy presence in Russia, pulled the plug, the lights continued to burn in the offices of the Swiss banks.
04/29/2022
Singapore Bank Earnings Hit by WM Drop
Southeast Asia’s largest bank, DBS, reported its first quarter net profit came in at S$1.8 billion (US$1.30 billion), down 10 percent from the year-earlier quarter.
04/29/2022
Guernsey Finance launches Effective Philanthropy report at seminar
To demonstrate this, Guernsey Finance, the promotional agency for Guernsey’s financial services sector, is hosting a seminar on 28 April in London.
04/29/2022
The best wealth managers in Guernsey in 2022
Guernsey is renowned for its stability, which is important for investors who want to take advantage of the island’s attractive tax regime and trust opportunities.
04/29/2022
Raymond James Financial cites ‘uncertain environment’ in revenue report
Quarterly net revenues grew 13% over the prior year’s fiscal second quarter primarily driven by higher asset management and related administrative fees, reflecting the strong year-over-year growth in Private Client Group assets in fee-based accounts
04/28/2022
Waverton Annual Report & Accounts 2021
The four key channels in which we operate all performed well and made their own contributions to the overall success of the business in 2021.
04/28/2022
The wealth management industry’s appetite for mergers is growing
Adding RBC’s £5 billion of existing UK wealth assets to the pot, the new management entity will become Britain’s third largest, with £64 billion in assets under management.
04/28/2022
Higher Interest Rates Fuel StanChart's Profit Rise
The Asia-focused London-based lender beat the $1 billion average estimate from 16 analysts as compiled by the bank.
04/28/2022
SEB Joins Danish Private Banking Partnership with Ringkjobing Landbobank
The Sweden-based bank said the partnership will allow it to offer its customers a complete range of private-banking services in the Danish market, with Ringkjobing Landbobank's customers gaining access to SEB's range of services.
04/28/2022
Suntera Global establishes US presence with strategic fund services acquisition
The acquisition of Socium, which requires no regulatory approval and completes with immediate effect
04/28/2022
SJP sees record net inflows of £2.91bn in Q1
The company said its retention rate for funds under management had also risen in the first quarter ending 31 March from 95.8% to 96.6%.
04/28/2022
Interim results of the Swiss National Bank as at 31 March 2022
The allocation for the current financial year is determined at the end of the year
04/28/2022
True Capital Management acquires $200m boutique wealth advisory firm
They will continue to co-lead the Nashville team as True Capital’s Nashville office.
04/28/2022
What Private Bankers Need to Know Before Moving to Wealth Management
It used to be that large brokerage firms tended to keep their distance when it came to recruiting talent from private banks