07/24/2019
Wealth management M&A activity at record clip in first half of the year
RIA transactions were up 49 percent from the first half of 2018, and assets transacted increased 55 percent.
Wealth and Asset Management
07/24/2019
Wealthy Americans are increasingly willing to invest, new UBS survey finds
The survey, which polled more than 3,800 wealthy investors and entrepreneurs in 17 countries, also shows US investors remain positive on the U.S. stock market but continue to rank politics and the national debt as top concerns.
07/24/2019
Wealth planning - the super-rich are not spared
Wealthy families grapple with a host of issues arguably more complex than those facing individuals of modest means
07/23/2019
Morgan Stanley Embraces The Cloud For Client Document Storage
The firm's wealth management division partnered with Box to launch a client-facing encrypted document sharing portal.
07/23/2019
Next Gen: James Carrick, Brewin Dolphin
This week's Next Gen feature sees James Carrick, investment management assistant at Brewin Dolphin detail his investment hero, his best and worst investment decisions and the biggest challenge facing wealth management in his eyes.
07/23/2019
UBS reports best second-quarter in nine years but warns against ‘sharp drop’ in interest rates
The Swiss-lender announced that this is the highest second-quarter net profit since 2010.
07/23/2019
JTC First Half In Line With Expectations
We have built on the results delivered in 2018 and carried good momentum into the first half of 2019
07/23/2019
UBS posts highest quarterly net income in almost a decade
In the second quarter we achieved the highest 2Q net profit since 2010 and an improvement on an already strong 2Q18.
07/22/2019
James Coney: St James’s Place is a money-making machine – for itself
You can spend your time getting your handicap down at the golf course, or choosing what colour Porsche to buy, while the charges mount up to the magic million.
07/22/2019
Julius Baer first half adjusted net profit slumps
Strong recovery in net profit after challenging second half of 2018 – Cost-reduction programme on track
07/22/2019
HSBC Private Banking Boosts Philippines Coverage
HSBC Private Banking continues its hiring drive in Asia with the addition of three relationship managers focusing on the Philippines high-net-worth segment, both in on and offshore locations.
07/22/2019
Phoenix Financial PR shortlisted in Money Age Awards
That's awesome.
07/22/2019
Are You Concerned About Being Exposed to Unnecessary Wealth Taxes?
In cases where a tax charge arises in more than one country, the country in which the asset is located will (subject to any tax treaty rules) have ‘first’ taxing rights.
07/22/2019
Beware of the risks you can’t see, not the ones you can by Philip Smeaton, Sanlam
Markets will always have their ups and downs
07/22/2019
Peter Charrington: an eye to the future at Citi Private Bank
Having a fund business at the heart of the bank makes him ‘proud indeed’
07/19/2019
Singapore warns wealth managers not to exploit Hong Kong turmoil
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity.
07/19/2019
Morgan Stanley CEO Pledges Loyalty to Grid-Based Payouts
He made the remark on an earnings call after an analyst questioned why the Federal Reserve Board appears to have a concern about Morgan Stanley’s projection of net revenue under stress conditions that the regulator modeled.
07/19/2019
New Credit Suisse Wealth Boss Signals Risk Appetite
That's generally true for some market areas of our division,» Wehle is quoted as responding when asked about political risk in Saudi Arabia, where Credit Suisse quietly clinched a banking license three months ago.
07/19/2019
Wealth in the UK: HNW Investors 2019: Barclays, Coutts, St. James’s Place
Brexit and related volatility are likely to shift HNW asset allocations in the UK, but will have limited impact on the country’s cross-border attractiveness as a destination for HNW
07/19/2019
Morgan Stanley’s rich clients withdrew a surprising amount from accounts to pay their taxes
The firm’s wealth management business was hit by an unexpectedly high outflow of deposits in the second quarter, according to CFO Jonathan Pruzan.