07/01/2021
New Report Reveals Global UHNW Population Grew 1.7% in 2020 Despite Covid-19 Disruption
Wealth-X Launches the Ninth Edition of the “World Ultra Wealth Report”
Wealth and Asset Management
07/01/2021
The latest on JPMorgan's big wealth-management plans
The bank this month also said it's buying UK robo-advisor Nutmeg, which oversees some $4.9 billion for around 140,000 investors
07/01/2021
Qatar Cuts Stake in Credit Suisse
The result is that U.S.-based fund manager BlackRock moves up into the top position with a 5.4-percent share.
07/01/2021
Legal merger of Van Lanschot Kempen NV and Van Lanschot Kempen Wealth Management NV completed
The legal merger was approved by Van Lanschot Kempen’s shareholders at the AGM of 27 May 2021.
07/01/2021
Fairstone acquires Belfast-based adviser
Commenting on the deal, Lee Hartley, chief executive officer of Fairstone, said: “We are delighted to complete the final acquisition of ASM Financial Planning, having worked closely with them throughout the integration phase.
07/01/2021
Enigmatic Sallie Krawcheck finds success evolving her RIA to a more conventional high-net-worth business model, then proclaims her 'contrarian' bonafides
The former chief of Merrill Lynch brokers uses analyst's choice of Bank of America shares as example of also-ran thinking but her maverick approach with Ellevest may be declining.
07/01/2021
Wealth Firm Catering to Billionaires Opens Swiss Office
Was founded in 2019 by ex-Julius Baer banker Ali Jamal
07/01/2021
UBP Makes Second Acquisition in a Week
The transaction, which is an asset deal, is subject to the approval of the relevant regulatory bodies and is expected to be completed in the fourth quarter of 2021.
07/01/2021
Martin Gilbert's AssetCo acquires 30% stake in Bristol fund manager for £27.8 million
Gordon Neilly will join the board at Parmenion following the conclusion of the deal with Preservation Capital Partners
07/01/2021
“A comfortable winner” – More recognition for responsible Investing at Coutts
We win two sustainable investing awards for our work tackling climate change and helping clients build a better future – hot on the heels of a similar accolade last month
07/01/2021
WM opens in Geneva with CS veteran
The company’s founder is Ali Jamal
06/30/2021
The Unexpected Harmony of Careers in Wealth Management and the Arts
Interviews with advisors who were passionate about the arts and then pivoted to wealth management show the transition can be smoother than one might expect.
06/30/2021
IQ-EQ takes home three awards
The Citywealth Brand Management & Reputation Awards shines a spotlight on the corporate brands who are pioneering in the wealth management industry.
06/30/2021
Vontobel Speeds Up Purchase of UK Asset Manager
Since Vontobel bought into it in 2015 TwentyFour’s assets under management have grown to 24.2 billion francs ($26.3 billion) from 6.4 billion.
06/30/2021
HSBC expands local International Wealth Hub with additional wealth advisors
The aim was to create around 30 new roles and enhance our range of wealth solutions and services.
06/30/2021
Swiss Boutique Teaching Sports Celebs Money Game
Grin says that some of the clichés around spendthrift athletes are true.
06/30/2021
Credit Suisse Weighs Overhaul of Wealth Management Business
Swiss bank considers consolidation of separate businesses
06/30/2021
Scandal-hit Credit Suisse considers creating single private bank -sources
The Swiss bank and its board are looking to decide on a fresh strategy as soon as October
06/30/2021
Four in five wealth managers struggle to meet client demand for private markets due to regulatory challenges
As private market investments generate increasing interest from HNW individuals, wealth managers need to consider that these clients are likely to operate from several international locations.
06/30/2021
AFH Financial Group acquisition completes
There is a strong strategic and cultural fit for all stakeholders and we are confident that our partnership will enable us to service growing client needs and grow market share, reflecting our strong track record of increasing shareholder value.