11/19/2021
Schroders CEO sets focus on advice
Schroders already runs a joint advice venture with Lloyds, Schroders Personal Wealth, and owns a controlling stake in advice business Benchmark Capital.
Wealth and Asset Management
11/19/2021
Financial services group in talks to buy French private bank
Acquirer ‘aims to grow significantly’ in the wealth market
11/19/2021
Tatton Asset Management first-half profit rises; upgrades annual guidance
Assets under management rose by a fifth to £10.8 billion and organic net inflows amounted to £652 million.
11/19/2021
UBS Adjusts Advisor Compensation Plan to Reward Teams, Encourage Loyalty
UBS’s updated compensation grid incorporates just two factors: advisors’ trailing-12-month revenue production and their length of service at UBS.
11/19/2021
Benjamin F. Edwards Partners with RBS Wealth Management
The full-service wealth management firm has a distinguished legacy spanning over 135 years and five generations.
11/19/2021
Bravura Capital Takes a Stake in Venturi Private Wealth
Venturi Private Wealth has over US$ 2.1 billion in client assets.
11/19/2021
Fiduciary Trust appoints regional MD
Firm Continues Nationwide Growth with Plans to Build a Southeastern Hub to Complement the Strength of Teams in Florida and Washington, DC
11/18/2021
UBS celebrates 50 years in Singapore, as a window to the world, connecting people and ideas
Singapore is home to our first and largest UBS University in Asia Pacific, which has groomed some of the top bankers in APAC out of Singapore.
11/18/2021
Wealth management office opens in Tokyo to service high net worth investors
The company has commenced operations with an on-the-ground team of over 35 experienced employees with the local knowledge and skills
11/18/2021
Wall Street workers set for highest bonuses since 2009
This year’s bonus season on Wall Street should be one for the record books,” said Alan Johnson, managing director of Johnson Associates.
11/18/2021
Schroders’ impact trust fundraise falls short of target again
The trust, which set out to deliver measurable positive social impact alongside long-term capital growth and income, was the first of its kind to list in London.
11/18/2021
Charles Stanley takeover expected to complete in December
The group said it saw “record levels” of funds under management, up 7 per cent to £27.4bn at the half year end.
11/18/2021
Coutts adds mortgage range to Twenty7Tec platform
With a minimum loan amount of £1m, Coutts’ products are aimed exclusively at high net worth clients.
11/18/2021
Growing golf: Investec invests for a further four years
The event, hosted by the City of Cape Town for the fifth successive year, will take place at the picturesque Steenberg Golf Club, Cape Town.
11/18/2021
Investec lifts earnings guidance after strong first half
Return on equity (ROE) was 11.2% for the period (1H2021: 5.3%) and return on tangible equity (ROTE) was 12.1% (1H2021: 5.8%).
11/18/2021
Income up 12% at takeover target Charles Stanley
Interim results for the six months ended 30 September 2021
11/18/2021
PraxisIFM and Isle of Man Trustee shortlisted in Magic Circle Awards 2022
Award nominees are selected by a panel of highly-regarded practitioners within the private wealth sector.
11/18/2021
SC set to focus on wealth management after Citi's exit
SC and Citi have been recognized for their global reputation in wealth management. Following Citi's exit
11/17/2021
Kingswood buys Kent-based advice firm
Smythe and Water is run by chief executive Lee Smythe who leads a team of three looking after approximately 100 client households with around £40m in assets under management.
11/17/2021
SJP virtual reality training accused of lacking human touch
Wealth firm says the ‘intention is to give people a safe space to practice in’