09/01/2020
Tilney and Smith & Williamson complete merger
The newly-constituted Board of Tilney Smith & Williamson comprises eleven Directors drawn from both the two previous boards and representatives of the group’s major shareholders.
Wealth and Asset Management
09/01/2020
Seasons of Advice Wealth Management to Join Focus as a New Partner Firm
Seasons of Advice was founded by Charles Hamowy, Christopher Conigliaro and Matthew Woolf in 2017.
09/01/2020
Pictet Profit Holds Steady
Pictet remains geared for expansion and continues to invest in new staff and technology.
09/01/2020
Newcastle-owned London lending trust increases income by £290k
The portfolio has evolved and strengthened as early projects have been replaced with new opportunities.
09/01/2020
UBS Financial Advisor Teresa Jacobsen Named to the Forbes List of America’s Top Wealth Advisors
Recognition of an exceptional career in Financial Services
09/01/2020
Accuro Trust (Jersey) shortlisted at the Wealthbriefing European Awards
This gave us a confident start to the year and is evidence of our re-investment of capital into the business, not cash extraction.
08/31/2020
IOOF buys MLC Wealth for $1.4bn
This is a once in a generation opportunity to create the leading wealth manager of the future.
08/31/2020
Big banks' costly 20-year foray into wealth management is almost over
And thus was born the new era of bancassurance – the term that was applied to what would become one of greatest (but legal) shareholder capital heists in corporate history.
08/31/2020
SCB-Julius Baer eyes larger assets under management
SCB-Julius Baer Securities aims for assets under management (AUM) of 18-20 billion baht this year from the wealthy investor segment, with a plan to increase total AUM to 1 trillion baht by 2024. SCB-Julius Baer Securities, a joint venture in strategic we
08/31/2020
Money Martha: UBS Boss Ralph Hamers’ Sharpest Weapon
Her role is a microcosm of what awaits Ralph Hamers when he begins at UBS on Tuesday before taking over from CEO Sergio Ermotti in November.
08/30/2020
The coronavirus pandemic will permanently change how advisors want to meet with asset manager salespeople
SS&C Advisor Insights survey, conducted in association with Horsesmouth, expressed that fundamental changes are happening and will continue once they reopen their offices to asset managers.
08/28/2020
CIBC Wealth Management takes a hit in Q3 2020
Reported net income for CIBC as a whole was $1,172m in Q3 2020
08/28/2020
Equilibrium unveils new brand identity and website following name change
The brand refresh comes following a period of exponential growth for the company, which has seen it win awards including The Sunday Times’ Best Small Companies to Work For.
08/28/2020
£44bn Tilney Smith & Williamson merger to complete on 1 September
The letter confirmed that the merger had received "overwhelming support of Smith & Williamson shareholders and achieved all the necessary regulatory approvals" earlier in August.
08/28/2020
Credit Suisse Uncovers Client Fraud at Wealth Management
Swiss bank says clients affected by unathorized actions
08/28/2020
ZKB’s profits rise as trading business returns balloon by CHF 134m
This performance was driven by successes in the trading business of CHF 272m, up 96.6% (CHF 134m) from CHF 138m the previous year.
08/28/2020
Buckingham president named to NAPFA Board
“We are delighted that Wendy will now be working with NAPFA at the national level,” says Buckingham CEO Adam Birenbaum.
08/28/2020
‘Bumpy upswing’ in Swiss economy expected after record crash, UBS says
However, the economic decline was less bad than many other countries.
08/27/2020
LGT reports excellent first-half 2020 results
As a result of higher brokerage income due to the volatile market developments and a larger asset base compared with the prior-year period, income from services rose 7% to CHF 572.3 million in the first half of 2020.
08/27/2020
Hong Kong’s PB, WM assets up 19% in 2019
Assets sourced from family offices and trusts grew nearly 90% during the year.