02/28/2022
Aussie wealth firm apologises for pushing Russian stocks
“Geopolitical events tend to be short-lived … Russian stocks are very cheap on any metric and offer a 20 per cent-plus dividend yield.”
Wealth and Asset Management
02/28/2022
Does your wealth advisor have too many clients?
Mr. Stenner, whose team works closely with ultra-wealthy clients with $25-million-plus net worth across Canada and the U.S., has just over 40 clients today – and the capacity to take on about a half dozen more each year.
02/28/2022
Sionic Shortlisted in the 2022 WealthBriefing European Awards
Each of these categories is highly contested and subject to a rigorous process before the ultimate winner is selected by the judges.
02/27/2022
Carlie Anderson Strategic Wealth Planning opens Hong Kong office
Carlie Anderson Strategic Wealth Planning, are establishing offices in the heart of Hong Kong to better Serve Investors in a rapidly growing Asia Pacific Market.
02/27/2022
Hana Bank to expand art wealth management
Based on the partnership, Hana Bank will provide consulting services for clients interested in purchasing and selling artworks.
02/25/2022
Nomura to Expand Asia Wealth Business
The report said Nomura has already hired more than 50 relationship managers from other banks, including BNP Paribas and Deutsche Bank.
02/25/2022
Rothschild receives two of the top awards
For Bank for Governments of the Year, judges highlighted our willingness and ability to think creatively for clients and our trusted relationships with governments around the world.
02/25/2022
Morningstar: Fourth-Quarter, Full-Year 2021 Financial Results
Operating expense increased 22.9% to $387.4 million in the fourth quarter of 2021.
02/25/2022
Julius Baer sells 50% stake in major Mexican wealth manager
The transaction follows a review of the Group’s strategic participations and the conclusion that NSC Asesores can develop and grow best under a different ownership structure.
02/25/2022
Quilter Cheviot partners with the WealthiHer network
The WealthiHer Network is a leading professional network
02/25/2022
LLB Group reports record growth
With a net new money inflow of CHF 7.2 billion, the LLB Group achieved the largest organic growth in its history.
02/25/2022
UBS – after the price crash, the inevitable happens
As the world's largest private bank, UBS is regularly exposed to the problem of margin calls.
02/25/2022
Director of Barings EMEA trust steps down from Russian bank directorship
Sberbank accounts for 32.6% of Russia's total bank assets.
02/25/2022
Veteran KPMG partner launches high-net-worth family consultancy
Lineage Group also assists families with advice about how to use their wealth to support social causes.
02/25/2022
‘The market will shrink’: Russian clients in Switzerland face uncertain future
With the full extent of new sanctions unclear following Russia's invasion of Ukraine, Switzerland's specialists in Russian clients share their expectations for the industry's future.
02/24/2022
Brooks Macdonald linked to new bid for 7IM
Brooks Macdonald manages about £17bn and 7IM just over £20bn.
02/24/2022
Credit Suisse no Longer Alone on Bonus Clawbacks
Banks are paying record bonuses for 2021, aimed at attracting and retaining key managers, a trend recently underscored by Credit Suisse CEO Thomas Gottstein.
02/24/2022
St. James’s Place: Annual results announcement
During 2021 we achieved record gross and net flows and these, together with positive investments markets
02/24/2022
Van Lanschot Kempen: Commission income up 30% and net profit at €143.8 million
Assets under management (AuM) climbed to €112.1 billion (2020: €99.0 billion) on the back of a market performance of €9.5 billion and Mercier Vanderlinden’s AuM of €3.8 billion.
02/24/2022
Lombard Odier reports strong 2021 annual results
The robust increase was supported by strong net new money flows over the year, as well as positive investment performance and market impacts.