08/28/2020
CIBC Wealth Management takes a hit in Q3 2020
Reported net income for CIBC as a whole was $1,172m in Q3 2020
Wealth and Asset Management
08/28/2020
Equilibrium unveils new brand identity and website following name change
The brand refresh comes following a period of exponential growth for the company, which has seen it win awards including The Sunday Times’ Best Small Companies to Work For.
08/28/2020
£44bn Tilney Smith & Williamson merger to complete on 1 September
The letter confirmed that the merger had received "overwhelming support of Smith & Williamson shareholders and achieved all the necessary regulatory approvals" earlier in August.
08/28/2020
Credit Suisse Uncovers Client Fraud at Wealth Management
Swiss bank says clients affected by unathorized actions
08/28/2020
ZKB’s profits rise as trading business returns balloon by CHF 134m
This performance was driven by successes in the trading business of CHF 272m, up 96.6% (CHF 134m) from CHF 138m the previous year.
08/28/2020
Buckingham president named to NAPFA Board
“We are delighted that Wendy will now be working with NAPFA at the national level,” says Buckingham CEO Adam Birenbaum.
08/28/2020
‘Bumpy upswing’ in Swiss economy expected after record crash, UBS says
However, the economic decline was less bad than many other countries.
08/27/2020
LGT reports excellent first-half 2020 results
As a result of higher brokerage income due to the volatile market developments and a larger asset base compared with the prior-year period, income from services rose 7% to CHF 572.3 million in the first half of 2020.
08/27/2020
Hong Kong’s PB, WM assets up 19% in 2019
Assets sourced from family offices and trusts grew nearly 90% during the year.
08/27/2020
HSBC ‘aiding China’s Hong Kong crackdown’
US attacks freezing of pro-democracy accounts
08/27/2020
Swiss private banks brace for coronavirus impact
The ability to attract fresh inflows of money from around the world and to help clients grow their wealth are highlighted as key metrics in determining the health of private banks.
08/27/2020
Lombard Odier Group reports results for first six months of 2020
Client assets resilient at CHF 290 billion with strong net new money
08/27/2020
JM Finn profits hit by 'extraordinary' FSCS levy hike
The discretionary investment manager’s assets under management fell by 16% to £8.1bn in the first quarter of 2020.
08/27/2020
How Edmond de Rothschild attracted €1bn of real assets flows this year
One year in to his role at the top of the Swiss asset manager, EdRAM's CEO Christophe Caspar reveals what has led to increased inflows.
08/26/2020
The Evolving Model of Wealth Management
Wealth managers need to look through the cycle to manage what the uncertain future will look like.
08/26/2020
ZEDRA shortlisted as Trust Company of the Year
The shortlisting comes less than five years since our inception, which shows our progression to being recognised as an excellent provider in the trust sector in just a short space of time.
08/26/2020
Wealth firm buys client book of insolvent business
Company went into administration on 7 August
08/26/2020
Van Lanschot Kempen reports net profit of nearly €10 million
The first half saw a net result of €9.5 million
08/26/2020
Financial Advisors Seeking Independence and Support Join Ameriprise
Advisors say Ameriprise’s “technology has already proven its worth” amid the pandemic
08/26/2020
Eight Hightower Advisors Honored on Forbes' 2020 Ranking of America's Top Wealth Advisors
The ranking for the 2020 Forbes list of America's Top Wealth Advisors was developed by SHOOK Research.