08/08/2018
Multi-family office adds eight highly experienced leaders
He had been at the helm of Ascent Private Capital Management, U.S. Bank’s ultrahigh-net-worth business, since 2010 when he was hired to launch the unit.
Wealth and Asset Management
08/08/2018
AMP wealth arm leaked $873 million in first half
AMP's wealth management arm, which includes its superannuation and platform products, saw net outflows of $873 million in the first half of 2018.
08/08/2018
SunTrust Private Wealth Management Expands
The new Ohio locations are the latest examples of SunTrust Private Wealth Management expanding into new markets.
08/08/2018
Quilter reports 16% profit jump in first results since listing
Today’s results show a 2 per cent increase in assets under management and administration from 31 December 2017 to £116.5bn, which the company attributes to net flows of £2.2bn.
08/08/2018
Charles Stanley makes its range of managed portfolios available to advisers
The addition of the managed portfolios to the 7IM platform marks the tenth platform through which advisers can access Charles Stanley managed portfolios and was predominantly in response to demand from advisers.
08/08/2018
Leading Wealth Managers Deliver Extensive Investment Solutions
Based on a survey of 803 wealth managers, with respect to hedge funds, only about a fifth of those surveyed have the capacity to provide them.
08/08/2018
Geneva cantonal bank reports record-breaking H1 growth
The bank’s operating profits also grew by 28.8%, reaching CHF 84.5 million.
08/07/2018
Inside CIBC Private Wealth’s Growth Plan
The growth push involves hiring advisors and deepening penetration in Texas, Florida and California.
08/07/2018
Hargreaves Lansdown annual profits rise as inflows hit record
Assets under administration rose 16% to £91.6bn
08/07/2018
Rebel Bankers Are Forging A 'Noah's Ark' Of Female Finance
A culture of mansplaining, laddy sports events, and a failure to recognize female leaders has been failing the female pound (and dollar).
08/07/2018
ABN AMRO reports net profit of EUR 688 million for Q2 2018
We want to meet clients' needs, creating solutions that work for them in their daily lives.
08/06/2018
Deutsche Bank to expand US wealth management division
Move comes after its inclusion in Federal Reserve watchlist of ‘troubled’ banks
08/06/2018
Private wealth investors slowly gain interest of more managers
A number of money managers running alternatives strategies said they are picking up interest from, and consequently working hard to adapt, to new interest from high-net-worth individuals.
08/06/2018
HSBC profit gets a lift from retail banking
Revenue rose 4.3% to $27.29 billion from $26.2 billion on higher margins on deposits and balance growth as well as favorable currency effects, the bank said.
08/06/2018
Managers applauding Beijing’s policy moves
The relative "depth and breadth" of China's policy response helps make the credit of high-quality firms in that country more attractive than that of other emerging markets, Mr. Collins said.
08/06/2018
SJP reveals how it will invest to expand business
The Rowan Dartington discretionary fund management business had client assets of £2.1bn at the end of 2017, and to £2.3bn at the end of June 2018.
08/06/2018
Duet Group snaps up wealth manager
The decision to acquire Merit Capital followed the reorganization of Duet Group in to 3 business units.
08/06/2018
Hong Kong-backed wealth manager eyes expansion
LJ Partnership will also rebrand to Alvarium Investments in 2019.
08/06/2018
Merrill Lynch wealth managers ditch Thomson Reuters for Factset
This expanded relationship with one of the largest wealth managers in the world highlights the continued growth of FactSet's Wealth Management business and reaffirms FactSet's strategy of delivering enterprise solutions across the entire wealth
08/03/2018
Coutts' profit soars 85%
Our growth in wealth management is a sure indication that our clients continue to see us as a reliable and dependable investment house – delivering the advice they need.