10/22/2019
How Principal is ramping up its wealth management as other insurers exit
Other insurers are staying or boosting their investment.
Wealth and Asset Management
10/22/2019
WealthBar acquires Snap Projections, furthering its commitment to making quality financial advice available to all Canadians
The acquisition reflects WealthBar's vision of ensuring all Canadians can access quality financial planning as it continues to expand the advisor side of its business.
10/22/2019
UBS Advisor Michael S. Matthews, Named to Forbes List of America's Top 100 Wealth Advisors 2019
Recognition of an exceptional career in Financial Services
10/22/2019
Fosun Studies Bid for German Pudding Tycoons' Private Bank
Negative interest rates and clients’ conservatism have made wealth management in Germany a difficult business, prompting Credit Suisse Group AG to sell its German private banking operations to ABN Amro in 2013.
10/22/2019
Rockefeller Lures UBS Advisor in Los Angeles with $600-Million Book
He is the second broker to join Rockefeller’s Los Angeles office, and the 13th to join the private wealth management arm of the business whose name screams family wealth since Fleming took the reins in early 2018.
10/22/2019
UBS Profit Declines in Third Quarter
UBS’s capital position remains strong
10/22/2019
Third quarter new business inflows and funds under management updatemid-2019
Through the excellent work of our Partners and their staff in building and maintaining close relationships with clients, we are also able to report continued strong retention, resulting in net inflows for the quarter of £2.11 billion
10/22/2019
Hong Kong has second-highest average wealth per adult globally
Global wealth grew during the past year by 2.6% to US$360 trillion, according to latest edition of Global Wealth Report
10/22/2019
Skin in the Game – who is buying into their own company?
This chart looks at who has got skin in the game
10/22/2019
UBS warns 'low and negative interest rates' hitting business
The bank warned that “low and persistent negative interest rates and expectations of further monetary easing” would also continue to hurt the business.
10/22/2019
Geneva boutique strikes distribution deal with Italian bank
Other distributors of Decalia’s funds in Italy include Banca Albertini, BIM Private Bank, Banca Leonardo, Banca Profilo, Online SIM and Invest Banca.
10/22/2019
Vontobel launches new investing platform
Head of Vontobel Investment Banking Roger Stude: ‘With investerest, we are responding to a client need for theme-oriented investment solutions and, with this online marketplace, we continue to approach the goal of digitizing the capital market.
10/22/2019
Wealth duo join forces for IFA investment consultancy
It offers outsourced investment service for advisers
10/22/2019
UBS: Iqbal Khan With Early Tailwinds
Expectations are high that Iqbal Khan can top the results Martin Blessing had delivered, after joining from Credit Suisse.
10/22/2019
St James’s Place maintains inflows amid 'uncertain external environment'
St James’s Place has recently faced criticism over its fee structure, which involves higher charges than many of its competitors, as well as the lavish incentive scheme offered to its partners.
10/21/2019
Succession or sell: when wealth managers reach a fork in the road
Not surprisingly, M&A activity in the wealth management world is brisk—and favorable to those seeking an exit strategy.
10/21/2019
Soaking the Rich Is a Great Start — But It’s Not Enough
It’s not the end of capitalism, but it’s a lot bigger than Medicare for All and free college, as badly as we need both those things tomorrow.
10/21/2019
Wealth management isn't aging well, more WeWork drama, and a private meeting with Elon Musk
That comes as many big financial firms look to wealth management as a big business opportunity.
10/21/2019
Rebecca Bettany Shortlisted for Spears Wealth Management Awards 2019
The nominees are selected on the basis of a year’s worth of research that has been carried out to produce the market-leading Spear’s Indices.
10/21/2019
Zurich WM to open first office outside of Switzerland
It will primarily serve as an outlet for connecting with clients in the region.