09/24/2020
Investment Performance Awards 2020: Shortlists revealed
This year’s awards will credit those wealth firms that have delivered strong returns for clients in these tough market conditions.
Wealth and Asset Management
09/24/2020
Klaus Wellershoff says WMs treat clients ‘miserably’ and must improve
If clients really understood how miserably they were treated, there would be a huge pressure for those who do not do well to level up their business,’ he said.
09/24/2020
How wealthy families view the markets now
The pandemic and the response by governments and central banks have the rich on the defensive worldwide, according to a survey from Citigroup's private bank.
09/24/2020
Julius Baer Overhauls Pay
A new scheme disclosed to the bankers on Wednesday will replace two separate bonus plans including one where advisers were rewarded heavily based on hauling in fresh assets.
09/24/2020
Investec Wealth & Investment throws hat into ring in MPS price fight
AMC of 0.2% makes model portfolio range one of the most competitive on the market
09/24/2020
Deutsche Bank wins dismissal of Warburg’s cum-ex suit
Warburg did not pay any capital gains tax for these trades but had it offset against its corporate income tax.
09/23/2020
Coutts to close accounts of expats in EU
Private bank had to make ‘difficult decision’ amid Brexit uncertainty
09/23/2020
Duo With $225M In Assets Exits Wells Fargo To Launch RIA Under LPL Umbrella
The duo takes a holistic approach as they help clients structure customized portfolios to address specific financial goals, and they are committed to building personal, long-term client relationships.
09/23/2020
UBS calls in McKinsey to explore merger with Credit Suisse
A merger between the two heavyweights has reportedly been considered by executives at both banks over the years, especially as their goals and methods have become ever more synchronised.
09/23/2020
Here, private banks have no chance against retail banks
Private banks are turning much bigger wheels than retail banks usually do.
09/23/2020
The Benefits of Wealth Management: Does It Pay Off in the Long-Run?
One of the main benefits of wealth management is that it pays off in the long run, while helping clients achieve their financial goals.
09/23/2020
International & Regional Wealth Managers – Improving the Digital Platform & Capabilities
The experts discussed the nature of the Asian wealth management market, defining the needs for the years ahead.
09/23/2020
Refinitiv Wealth Management boosts AssetMark platform
Refinitiv’s collaboration with AssetMark will enable an improved client experience and technology to drive scale for both AssetMark and its financial advisor clients.
09/23/2020
Nomura Asset Management expands its Latin American presence
This deal will allow AIS to promote a number of Nomura’s best in class UCITS funds amongst AIS’s wealth management network.
09/23/2020
Geneva advisory firm signs partnership with Nomura
AIS Financial Group also has a presence in the Bahamas, Panama and Madrid.
09/23/2020
BNP Paribas plans 120 job cuts in Geneva after axing division
It is closing its commodity transactional financing division.
09/22/2020
Nucleus Wealth and Arrow Financial Advice announce partnership
Combined with the fact that ethical investing is one of the strongest investment trends globally, makes us delighted and proud to be partnering with Nucleus Wealth to bring our clients this offering
09/22/2020
Jeffrey Fratarcangeli Ranked Among Top 100 Wealth Advisors In The U.S. By Barron's And Forbes
This is the fourth consecutive year Fratarcangeli has been ranked among Forbes' Top Wealth Advisors and the sixth time he has been included in Barron's Top 1,200 Advisors4 ranking.
09/22/2020
When Should Next-Gens Learn About Family Wealth and Responsibility?
More than a quarter (27%) of next-gens said they began to receive informal education about managing wealth from their family or family office by their 18th birthday, with nearly half of those lessons beginning before next-gens were just 12 years old.
09/22/2020
Newport Beach Wealth Manager Gets Investment
Corient’s client list includes wealthy families, business owners, public company executives, private foundations and professional athletes.