10/14/2021
Monex to launch wealth management services
Monex has been offering in-person consultation to its customers through independent financial advisors.
Wealth and Asset Management
10/14/2021
Private Banking vs. Wealth Management
Between wealth management and private banking, the former tends to be more of an individualized service that aims to help clients with their portfolios
10/14/2021
SIX partners up with NOVERAS and Investment Navigator
SIX worked with market-leading partners NOVERAS and Investment Navigator to develop their new service Tax on Instrument.
10/14/2021
Brooks Macdonald: Quarterly Announcement of Funds under Management
This reflected continued positive net flows, in line with the guidance given at the annual results in September, and strong investment performance.
10/14/2021
Merrill Lynch is bringing in a wave of changes for its storied 'thundering herd' of financial advisors
Efforts include Merrill's 'Project Thunder' campaign and an overhaul of the firm's training program.
10/14/2021
Wealth managers just need to think different with the millennial rich
A new direction is clearly a need of the times to convince these young ones
10/14/2021
Credit Suisse: Greensill special conditions cause displeasure
As also finews.ch reported on Wednesday (yesterday) how the CS reimbursed the affected customers of Greensill funds quarterly for the fees for most of the services.
10/14/2021
Asset Management: Blackrock dethroned
With just under $ 20 billion in personal wealth, the American is one of the richest people in the world (64th place).
10/14/2021
'Buoyant stock markets' push funds under management growth at Charles Stanley
It comes as Charles Stanley acquired Raymond James UK Wealth Management for £278.9m last month, after winning shareholder approval.
10/14/2021
Lombard Odier’s strategic alliance partners clinches accolades at Global Awards
Since 2015, Lombard Odier has built an ecosystem of strategic alliances with financial institutions in Asia, working together with them
10/14/2021
Citigroup Third Quarter 2021 Results and Key Metrics
This compared to net income of $3.1 billion, or $1.36 per diluted share, on revenues of $17.3 billion for the third quarter 2020.
10/13/2021
Tilney Smith & Williamson partners with Rics
It will also attend face-to-face events across the UK and support Rics with investment insights as it sets out the future for the built and natural environment.
10/13/2021
Swiss Private Banking shows resilience despite COVID-19 pandemic
Despite the pandemic, Swiss private banks generated a record high net new money
10/13/2021
James Hambro assets jump as revenue and profits spike
Chief executive Andy Steel said there were ‘no plans to sell the business’ as AUM rose 32%.
10/13/2021
Smaller Private Banks Falling by the Wayside
Small Swiss private banks suffered a net outflow of funds in 2020 for the first time in five years, with a PwC study suggesting continued pressure and a wave of consolidation in the near future.
10/13/2021
JPMorgan profit powered by record M&A fee, reserve release
"JPMorgan Chase delivered strong results as the economy continues to show good growth - despite the dampening effect of the Delta variant and supply chain disruptions," said JPMorgan Chief Executive Jamie Dimon.
10/13/2021
Pandemic precipitates new era of outsourcing
Outsourcing is an often-cited word in the context of managing private client wealth.
10/12/2021
Stephen Wynne-Jones to run both Nucleus and James Hay marketing operations
Joined James Hay in 2019
10/12/2021
Monte dei Paschi merges Private Banking, Corporate Businesses into new unit
The new structure, called 'Business Enterprises and Private Banking,' is a concrete answer to the evolution of needs of the private client
10/12/2021
Schroders Head of UK Intermediary Solutions wins Woman of the Year
In conferring this award, the panel of judges recognised Gillian’s outstanding contribution to the Investment sector of the UK financial services industry.