08/21/2023
RBC snags giant $5.5 billion team from UBS in Atlanta
The ESOP Group, founded in 1989, specializes in working with business owners on the sale of their businesses.
Wealth and Asset Management
08/21/2023
Latimer Wealth Management Joins Steward Partners
Former Merrill Team Launches Steward Partners' Second Location in Florida, with Plans for Expansion
08/21/2023
Pictet is Outsourcing its Main Procurement Activities
Because Chain IQ manages procurement for several companies, it can help Pictet achieve purchasing efficiencies it wouldn't be able to on its own.
08/21/2023
Citigroup Expands Wealth Client Base in Asia Amid Global Push
A report from Boston Consulting Group indicates that the region boasts approximately $55 trillion in financial wealth, standing second only to North America.
08/21/2023
GAM Responds to Lletter from Rock Investments SAS
GAM has written to Rock setting out its response and the key points in that letter are set out below.
08/21/2023
ZKB – Hüst und Hott at branches?
This is no small matter - and contrasts with the cuts in the branch network of the Zürcher Kantonalbank in recent years.
08/21/2023
BBVA boosts its Private Banking high net worth unit in Spain with 28 new bankers
The unit has teams specializing in wealth planning, market analysis and strategy, and investment solutions.
08/21/2023
Goldman Sachs Weighs Sale for Part of Its Wealth Business
The purchase aimed to broaden Goldman's client list beyond the ultra-rich, but the unit has remained a small part of the bank's wealth business.
08/21/2023
LPL Financial Welcomes Watermark Wealth Management
The team has grown over the years to now include 16 advisors and 12 support staff members, all with a passion for helping others improve and maintain their financial achievements.
08/21/2023
Wealth and asset firms expect US recession, weakened industry growth
Dual-industry surveys reveal some big challenges ahead.
08/21/2023
Tatton IM rolls out money market portfolios in MPS
Following feedback from financial advisers
08/18/2023
Hang Seng Bank Expands Its Cross-Border Wealth Management Presence
These new additions join the bank's existing hubs in Sheung Shui, Central, Kowloon Tong in Hong Kong, and Guangzhou in mainland China.
08/18/2023
UBS Seeks to Hire Several Private Bankers to Serve India’s Rich
Firm returns to India private banking with Credit Suisse deal
08/18/2023
UBS Welcomes Clients to New Philadelphia Office
David Lojpersberger joins as Market Director, bringing decades of experience and extensive knowledge of the local market
08/18/2023
NewGAMe investor group offers bridge financing to GAM and increases investment with an equity swap
The total amount would match the Liontrust loans of approximately CHF 20m and lending terms for the NewGAMe funding would reflect a transaction entered into at arm's length.
08/18/2023
Sallie Krawcheck says women feel more shame about money than sex and death
The Ellevest CEO is over criticisms about how women make and spend their money.
08/18/2023
BNP Paribas Asset Management enjoys substantial asset growth in its ETF business and expands its UCITS offering
Sereyjol-Garros has a background in quantitative strategies and structured products.
08/18/2023
additiv: Pioneering the Next Frontier in Wealth Management
By utilising additiv’s platform, financial or non-financial brands can access wealth, insurance and credit solution creating unique value propositions.
08/18/2023
The Big Interview: Impax CEO on avoiding 'lazy' ESG acronym and doubling assets by 2030
Push into social markets and bonds
08/18/2023
HNW individuals to benefit from Quilter's latest partnership
Quilter will provide education, materials, and webinars as part of deal