06/10/2022
St. James’s Place announced as Law Society of England and Wales strategic partner
SJP will provide specialist financial advice for members to help them feel financially confident and in control
Wealth and Asset Management
06/10/2022
Wealth industry missing out on $230bn opportunity in lower HNW and affluent segments
Morgan Stanley and Oliver Wyman report
06/10/2022
Legal and General expands Santander partnership
These solutions aim to meet the changing needs of those at retirement age, as well as providing additional support for brokers dealing with higher-level loans.
06/10/2022
BNY Mellon Wealth Taps BofA, Citi for Boston Hires
Justin Esposito previously served as a portfolio manager at Bank of America Private Bank and Chris Martinson was a ultra-high-net-worth investment counselor at Citi.
06/10/2022
PIMFA publishes Diversity & Inclusion reports as it extends deadline for entries to this year’s D&I Awards
The reports come as PIMFA also announces that the deadline for entries to this year’s Diversity & Inclusion Awards has been extended until 22 June due to popular demand.
06/09/2022
The UK steps up spending to sidestep a slowdown
In the meantime, Prime Minister Boris Johnson, having just won a confidence vote, is still fighting for control of his party and political survival.
06/09/2022
Wealth managers failing to prioritise upcoming regulatory change: Deloitte
Some 67% of respondents from the wealth management and superannuation space said they lobbied the regulator for change via industry bodies.
06/09/2022
Global Wealth Grew by Double Digits to $530 Trillion in 2021, Despite Continued Crises
Rise of 10.6% Is the Highest Annual Rate in More Than a Decade, Creating $26 Trillion in New Private Wealth, but Digital Leaders Threaten Traditional Players' Dominance, According to a New BCG Report
06/09/2022
Credit Suisse: State Street Takeover Coming Soon?
The cuts are expected to be in both the investment banking and wealth management divisions across multiple regions, with the bank still finalizing decisions related to the total number of jobs to be affected.
06/09/2022
Mercer Advisors Acquires Berkson Asset Management, Inc. and Steven M. Berkson, CPA, A Professional Corporation
Expands Mercer Advisors' California Footprint
06/09/2022
World wealth to grow despite turmoil
Ukraine crisis, rising inflation and market worries expected to have minimal impact
06/09/2022
SJP Asia study finds the sandwich generations in Singapore and Hong Kong facing mounting financial pressures
Growing Pressures for Singapore and Hong Kong’s Sandwich Class
06/09/2022
Benchmark Capital joins The Initiative for Financial Wellbeing as a Partner Member
This partnership will provide Benchmark’s high-quality advice firms with access to leading-edge financial wellbeing practices, resources and research to continue to develop their client propositions and relationships.
06/09/2022
‘It would make sense for the SNB to act now’: EFG chief economist
However, Mirabaud chief economist Gero Jung does not expect the SNB to hike interest rates before the ECB does it first.
06/09/2022
Switzerland Losing Ground Among Top Financial Centers
And this isn’t the only area where Switzerland is falling behind.
06/09/2022
Women must help each other to progress says wealth firm executive
The reasons for the inequality are multiple but one area that remains a significant challenge for the industry is the relatively-few women in the most senior roles.
06/09/2022
Lovell Minnick Partners to take majority ownership in London & Capital
The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approvals.
06/09/2022
Zoe Financial Reveals How They Select Their Award-Winning Advisor Partners
Zoe aims to help clients find the highest-quality guidance to manage and grow their wealth.
06/08/2022
Four UBS advisors in the Midwest Private Wealth Management market named to the Forbes/SHOOK Best-in-State Wealth Advisors list
These advisors go above and beyond to gain a deep understanding of their client’s passions, concerns and fears to provide personalized, comprehensive wealth management solutions.
06/08/2022
Global Business Outlook awards StanChart Best Wealth Management Bank for 3rd year running
This award cements the bank’s dominance in the provision of wealth management services in the industry.