07/09/2020
Eaton Vance’s RIA Nears $10B With WaterOak Deal
The companies did not disclose other terms of their deal, which remains contingent on certain closing conditions.
Wealth and Asset Management
07/09/2020
World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty
High net worth individuals show interest in sustainable investing, scrutinize fees and want hyper-personalization
07/09/2020
ODDO BHF eyes merger with Landolt & Cie
The decision will affect nearly 12% of the firm’s assets, which is valued at €6.6bn.
07/09/2020
New York, London and Hong Kong are favourites of the mega-rich – but which other 7 cities in the world have the most billionaires?
Nearly a third of the world’s billionaires are concentrated in just 15 cities, according to Wealth-X’s recently released annual Billionaire Census
07/09/2020
Women and wealth: trends that shape philanthropy, risk and choosing trustees
Wealthy men and women both like to give to various causes and may well set up philanthropic entities like foundations to leave significant amounts to causes close to their hearts.
07/09/2020
Seeing beauty in Asian small-cap stocks
Nimble, fast growing and at an early stage of development, small-cap companies have the ability to seize market opportunities at a quick pace, generate exceptional earnings growth and internally compound capital faster than their big-cap peers.
07/09/2020
Saunderson House vets launch wealth boutique aimed at City workers
Heronsgate Capital was launched by Chris Sexton and Tony Wellby and is backed by wealth firm Dart Capital.
07/09/2020
Wealth managers fight back after Q1 turmoil
The second quarter bounceback in equities helped pare losses in client portfolios, but they still remain in the red for 2020.
07/09/2020
WH Ireland shares jump as firm posts first quarterly profit in years
The firm posted a profit of £200,000 in the three months to June, its first ‘in many years’.
07/09/2020
The 10 Domains of Family Wealth Supplement
The 10 Domains model recognizes that comprehensive UHNW wealth management extends far beyond the realm of investments, taxation, risk management, and legal matters alone.
07/09/2020
For any family, agreeing a shared purpose is often the first piece of the puzzle
Agreeing a purpose for family wealth is often the first piece of the puzzle.
07/09/2020
Charles Stanley advice revenues jump 35%
Charles Stanley attributed its increased profits to a repricing exercise completed by the company a year ago
07/08/2020
RBC Promotes a Top Broker to Lead $12 Billion-Asset Minnesota Complex
Her management promotion comes amid a growing awareness of the lack of gender and racial diversity among advisors and managers that has been sharpened by recent Black Lives Matter developments.
07/08/2020
Creating Wealth: Taking successful business experience overseas through a joint venture
In order to ensure the venture was a success, they required help with legal, regulations and finances and in effective implementation of various governance, banking and accounting processes.
07/08/2020
Credit Suisse aims for 100% of securities venture in China growth plan
Credit Suisse has placed great faith in Hu, a “veteran investment banker” who has been with it for almost two decades, to grow its business in China, where the timing of it gaining full ownership of the venture is in the hands of regulators.
07/08/2020
Biden Our Time
With Independence Day over the weekend it seems an appropriate time to turn attention to the USA and November’s poll, and the democratic candidate who has his sights set on the White House.
07/08/2020
VP Bank to take over Swedish bank’s PB business in Luxembourg
The institutions decided not to disclose the purchasing price for the transaction, which is expected to close by January 2021.
07/08/2020
Here is why Morgan Stanley (MS) recent weekly performance of 3.76% shouldn’t bother you at All
In response to the ten-fold increase in the number of family offices since 2008, the report provides a broad discussion of best practices that address the key questions Morgan Stanley single family office clients raise most often.
07/08/2020
Liontrust ups dividend as assets jump 27%
Liontrust’s Aum stood at £16.1bn as at March 31 — 27 per cent more than the £12.7bn measured last year.
07/07/2020
Swiss Bank Joins With Major Crypto Exchange
Support for these major currencies will ensure that traders and investors can start trading against Kraken’s listed crypto assets.