05/27/2021
HSBC Exits U.S. Retail Banking to Target Wealth Business
HSBC will continue investing in US international wholesale banking franchise
Wealth and Asset Management
05/27/2021
Mercer Advisors Acquires ET George Investment Management
Acquisition of ET George Investment Management, LLC (Registered Investment Adviser), Opens Mercer Advisors' Presence in Mississippi
05/27/2021
For Some Credit Suisse Bankers, WFH Nearing End
Credit Suisse's return in the U.S. coincides with that of other Wall Street bank.
05/27/2021
Fairstone planning further growth after sterling asset management deal
“We invest in forward-thinking firms to optimise their capital value, providing the framework they need to significantly grow their business, without compromising on client service or independence.
05/27/2021
Wall Street Makes Big Moves to Cater to Wealthy Chinese Investors
France’s largest asset manager, Amundi (AMUN: France), began operations with Bank of China’s (3988.Hong Kong) wealth management subsidiary in September, with the former holding 50.1%.
05/27/2021
JPMorgan’s $1 Billion Brother-Sister Team Leaves to Start Own Wealth Firm
The siblings, who have worked together for six years, first at Credit Suisse Group AG’s private-banking group and then at JPMorgan Securities’s Chicago office, often invest together on private deals.
05/27/2021
Fairstone snaps up asset management firm
The firm has four directors, Simon Knighton, Mark Houldey, Andrew Rastrick and David Hindle.
05/27/2021
Three IAMs join forces to found WM and plan expansion
The Geneva-based company, which has been existing in its current form since 1 January, has over CHF 600m in assets under management, as AGEFI first reported.
05/27/2021
The best wealth managers in Jersey
Jersey is also home to a number of global and institutional investment houses as well as several boutique service providers.
05/27/2021
The best wealth managers in Guernsey
Guernsey is renowned for its stability, which is important for investors who want to take advantage of the island’s attractive tax regime and trust opportunities.
05/27/2021
Charles Stanley’s profits dip
Our transformation and restructuring programme has resulted in continued operational efficiencies and productivity so we are coming out of the pandemic strategically and operationally stronger.
05/26/2021
Two UBS Advisors Named to Forbes/SHOOK Top Women Advisors List
Courtney is a Managing Director at UBS and she and her team serve the diverse and dynamic needs of high-net-worth individuals, families, foundations, and businesses.
05/26/2021
GAM Opens New Singapore Office
The establishment of an office in Singapore, together with [Bong's] appointment, represents an important strategic step for the firm,» said GAM’s group CEO Peter Sanderson.
05/26/2021
Credit Suisse Discusses Gupta Standstill Agreement
Credit Suisse had taken steps against Guptas companies in recent weeks and demanded that some be liquidated in the hope that it would be able to repay its fund clients. GFG still owes Credit Suisse $5.2 billion.
05/26/2021
Mattioli Woods in swoop for Maven Capital Partners
Maven is an owner-led business comprising 12 partners, with a regionally based team of 91 investment executives and support professionals.
05/26/2021
Advisers see Covid variants as biggest risk to market stability
Nearly half (46%) of the financial advisers questioned said that new variants and failure to have a consistent global rollout of the vaccine would increase volatility in stock markets.
05/26/2021
The Seven Deadly Sins Of The Wealth Management Industry
According to Roman Catholic theology, the seven deadly sins are the primary feelings or behaviors that inspire further sin.
05/26/2021
St James’s Place enjoys strong inflows as client confidence improves
Money manager St James’s Place said inflows this year had surged as government spending and the vaccine rollout drove positive investor sentiment.
05/26/2021
Mothers lead the way in ESG investing, says new research
Interestingly it’s mothers who are more likely to consider sustainable investment options for their family (62 per cent), whereas fathers place less value on investing sustainably (50 per cent).
05/26/2021
Bank of Montreal 2Q Profit Rises; Adjusted Efficiency Ratio Improves Following Divestments
Adjusted earnings were C$3.13 a share, beating consensus estimates of $2.75 according to analysts polled by FactSet.