05/05/2020
Securing the family’s future: when family offices operate as asset managers
The evolution of the global wealth industry over the past decade is evidenced by the emergence, relevance and impact of family offices worldwide.
Wealth and Asset Management
05/05/2020
Zug WM takes over fund and launches impact investing firm
We are delighted to partner with such a competent and experienced team
05/05/2020
People Over Products: Why Private Banks Should Focus On Relationships, Not Sales
A PwC report notes that firms are increasingly moving toward a new model of wealth management
05/04/2020
A $300 Billion Nordic Manager Reveals His New Availability Credo
In Norway, the richest Nordic economy, about 90% of Nordea’s client meetings are now online, compared with about 40% before Covid-19, said Storset, who’s based in Oslo.
05/04/2020
Mirabaud operating result dropped 29% in 2019
Our offering grew in several investment sectors, most notably emerging markets debt.
05/04/2020
PB opens in Switzerland and looks for 40 employees
Quintet appointed Jakob Stott as interim Group CEO, also in March, after previous CEO Jürg Zeltner died.
05/04/2020
Julius Baer Turns Corner in Germany
It is the Swiss bank's tenth in Germany under the leadership of market head Heiko Schlag.
05/04/2020
Reyl Bank Profit Rises on Subsidiaries in Asia
Reyl also bulked up on staff, adding nearly two dozen employees to reach 223 people at year-end.
05/04/2020
Quintet Launches Swiss Bank
The wealth manager has hired copiously from UBS, both in Switzerland as well as elsewhere.
05/03/2020
Rockefeller Hires $10-Million Team from Stifel
The team, whose other senior advisor is James J. “Jimmy” Lee, oversaw about $2 billion of assets under management from mostly first-generation entrepreneurs, Moldaver said in an earlier interview.
05/03/2020
Buffett’s Berkshire posts nearly $50b loss
Berkshire’s first-quarter net loss totaled $49.75 billion, or $30,653 per Class A share
05/03/2020
Rich Americans Seize Historic Chance to Pass On Wealth Tax-Free
Key interest rates set by the Internal Revenue Service for estate-planning purposes have never been as low as they are starting this month.
05/01/2020
Edinburgh-based private bank bullish after ‘strong year’
Edinburgh-based private bank Hampden & Co has reported “another strong year” – with income up by more than a third – and said it expects to continue attracting robust levels of new business.
05/01/2020
Coutts and Adam & Company Q1 2020 Results
Our increased, tailored client communication throughout the crisis has generated fantastic feedback.
05/01/2020
V-shaped economic revival, fuelled by FOMO
Mr Green says: “We’re witnessing what is likely to become a powerful recovery in global stock markets as investors look ahead to the latter half of 2020 and into 2021.
05/01/2020
Butterfield Reports First Quarter 2020 Results
Net income for the quarter ended March 31, 2020 was $40.3 million, down $3.6 million from $43.9 million in the prior quarter.
05/01/2020
Exencial cracks $3bn with Charlotte RIA buy
We really focus on solid integration and making one culture, one organization,’ Burns said.
05/01/2020
GAM Holding - No Current Plans To Buy Back Shares
The latter provides GAM Holding AG the flexibility to distribute future surplus capital to shareholders
05/01/2020
UBS wealth management expects challenges ahead
Business shrank slightly last month
04/30/2020
Wealth-X Bolsters U.S. Dataset on the Wealthy
Over $60 Billion of New Compensation Data Intregrated Into Global Database