08/17/2022
Fleming’s Rockefeller Aims to Double Number of Adviser Teams
The New York-based wealth firm has boosted assets under management fivefold since 2018 to $90 billion.
Wealth and Asset Management
08/17/2022
VP Bank Group holding its own in a challenging environment
The stable and broadly diversified client base led to a net new money inflow of CHF 0.2 billion.
08/17/2022
German insurer launches Zurich asset manager
The new entity targets institutional investors, and is in the process of acquiring a licence.
08/17/2022
Asian Wealth Fuels Positive Asset Inflows at VP Bank
Despite the positive inflows, assets under management globally fell 9 percent to 46.5 billion francs with 4.8 billion francs attributed to negative market performance.
08/17/2022
St.Galler Kantonalbank: Healthy growth, profit slightly lower
Last semester, Eastern Switzerland enterprises have benefited from full order books.
08/17/2022
LGT delivers a premium online service with CREALOGIX
The team at LGT recognised an increasing use of mobile and an increased frequency of access to their online client portal accounts.
08/17/2022
Jersey Shortlisted for ‘IFC of the Year’ at 2022 Citywealth Awards
Continuing to be recognised as a leading IFC even after the turbulent couple of years that we have all experienced underlines Jersey’s resilience and adaptability, as well as the extensive pool of talent, skill, and expertise that makes up and stren
08/16/2022
Advisors With $6 Billion Exit Wells, BofA to Open Independent Wealth Firm
They’re the latest wealth managers to leave one of the big banks and go independent, a career route that is increasingly popular with many financial advisors.
08/16/2022
Credit Suisse’s China Approval Delayed by Senior Exits
The China Securities Regulatory Commission told the Swiss bank it will wait until those positions are filled before conducting any on-site inspection, the final step required before business expansion.
08/16/2022
Fidelis Capital Launched by Private Banking Executives formerly with Wells Fargo and Bank of America
The new wealth management firm, created by former rivals, whose members previously managed $6 billion in client assets, will offer an improved private banking experience, provided by teams of highly experienced specialists.
08/16/2022
Patrimonium: Syz and Heine take over Bonvin shareholding
This decision completes the separation between the shareholders of two important players in the Swiss real estate market.
08/16/2022
M&G to launch IFA buyout scheme
The firm told FTAdviser that the scheme will go live in the “near future”, with no exact date set.
08/16/2022
Julius Baer embarks on 5-yr transformation strategy
It generally banks with ultra high net worth individuals who have investable assets of Rs 25-100 crore, even though a customer could start an account with Rs10 crore.
08/16/2022
US Fund House Opens Zurich Office
Leger is bringing Michele Perone along with him from his previous employer to support him in Zurich.
08/15/2022
UBS promotes Iqbal Khan to steer wealth management
Khan, who joined UBS in 2019 to co-head its flagship division, will take over when co-president Tom Naratil steps down in October
08/15/2022
Collas Crill shortlisted in three Categories in Citywealth IFC Awards 2023
Now in their twelfth year, the Citywealth IFC Awards were established to highlight the excellence of the advisers and managers in the private wealth sector in the major international financial centres.
08/15/2022
Marble Wealth Joins Sanctuary Wealth as First Partner Firm in Alabama
Next-gen partnership with close to $800 million AUM is Sanctuary's third this year from UBS
08/15/2022
Wrise Launches UHNW-Focused Wealth Unit
The new offering is focused on serving the needs of ultra-high net worth individuals (UHNWI) with a range of services including portfolio management and advisory, access to a network of wealth planning specialists, corporate services and more.
08/15/2022
Tatton Asset Management bolsters investments offerings via £7m 8AM Global Limited acquisition
Following Tatton’s acquisition of the firm, 8AM is set to generate £700,000 worth of profits through the £800m worth of assets it has under its control.
08/15/2022
Deutsche Bank mourns Anshu Jain
Jain played a crucial role in the development of Deutsche Bank and was instrumental in building the company’s global capital markets business.