06/01/2020
Exencial Wealth Advisors closes acquisition
As a result of the deal, Exencial gains $800 million in assets under management as well as 15 new employees, including five CFA charterholders.
Wealth and Asset Management
05/31/2020
Investec Irish restructuring cost £41m
Last May, the South African-founded bank sold its wealth management business in Ireland to British investment manager Brewin Dolphin for €44m.
05/31/2020
Volatility: Implications for the Investment Fund Market, from an Administrator's Perspective...
From mid-March the direction of our personal and working daily lives drastically changed.
05/31/2020
Warburg Pincus steps in to rescue £1.8bn wealth merger
Warburg Pincus is investing more than £250m to secure the creation of the UK’s fourth-biggest wealth manager, Sky News learns.
05/30/2020
How Lockdown Cpuld Lead to "A Rich Inner Life"
Humanitarian Terry Waite CBE and educator Sir Anthony Seldon talked about resilience in isolation and the importance of happiness at our latest client event.
05/30/2020
Charities in the time of Covid-19 – Reflections, two months on…
Operationally, charities have behaved like most commercial businesses facing disruption to their normal activities.
05/29/2020
The wealthy will be on governments' radars in COVID-19 response
Taxes will be an obvious route for governments, and so will appropriation, says Citi
05/29/2020
Jersey wealth manager buys trust company
In a bid to ‘increase market share’ and ‘diversify’ its geographical reach
05/29/2020
Rathbones halves its 9% stake in Jupiter trust as Richard Buxton takes over
Renowned fund manager is running investment trust money again for first time in seven years
05/28/2020
Hampden raises £7m on path to profitability
The bank has also experienced an upswing in new clients who are migrating accounts and loans to Hampden & Co from other banks.
05/28/2020
Wealth management platform acquired by London investment manager for "next phase of growth"
The sale follows the completion of Ascentric’s re-platforming in 2019 and the conclusion of a strategic review.
05/28/2020
Clime Asset Management kicks off internal musical chairs
It is understood the move was made after the business decided it was overweight an analyst.
05/28/2020
Goldman Brakes Advisor Hiring Plans, Delays Digital Wealth Offering
The company has shifted its long-time cadre of fewer than 500 advisors serving wealthy individuals and families from its investment management division to a new consumer and wealth division.
05/28/2020
Walsh, Amar & Associates Join William Blair’s Private Wealth Management Group
Los Angeles Office Opens
05/28/2020
CI Financial makes strategic investment in Congress Wealth Management
The agreement represents the further development of a collaborative partnership between CI and Congress.
05/28/2020
Human vs Robot: the Struggle for Good Automation in Wealth
In this live discussion we speak with three leading industry experts about whether "robo" and wider trends of automation are fundamentally at odds with the human and relationship-based business model of wealth management.
05/28/2020
Labuan IBFC Market Performance for 2019
The 30th anniversary signifies the success of the Centre’s long standing journey, and a pivotal time to embark on new direction for the next phase of development and growth.
05/28/2020
UK investment boutique champion dies
Sean Healey, former chief executive of Affiliated Managers Group, has died following a battle with ALS.
05/28/2020
The Luxembourg SPF: A private wealth management company of choice
Ultimately, with Luxembourg being a highly developed centre of legal and financial services, private individuals wishing to structure their assets' holding and financing benefit from a one-stop-shop meeting all their expectations.
05/28/2020
Charles Stanley sees 45% profit boost despite £4bn FUM hit
Charles Stanley attributed its increased profits to a repricing exercise completed by the company a year ago, which saw the business increase its rates for investment management services in line with the rest of the market.