09/25/2020
Zurich digital WM CEO: ‘We want to be the main provider for retail investors’
‘Roughly two thirds of customers invest for the first time. They often will not invest all of their money in us,’ he said.
Wealth and Asset Management
09/25/2020
SFAMA and AMP Switzerland to merge
The former chairman of the AMP and president of SFAMA is president of the new association.
09/25/2020
Jersey wealth managers merge
As UK financial planning firm agrees eighth M&A deal of 2020
09/25/2020
Asian equity monthly by Nikko Asset Management
This is a big positive change versus the response post the Global Financial Crisis
09/25/2020
How Schroders has cultivated and kept female talent
In a Q&A with Wealth Manager, Schroders global HR boss Emma Holden explains what the firm has put in place that has led to a lower turnover rate for female managers than male.
09/24/2020
‘Wired to make money’: Barclays’ private bankers serve ultra-rich, as watchdogs sound alarms
The FinCEN Files investigation exposes tensions between British bank’s New York and London operations.
09/24/2020
Hong Kong banks see bigger role in GBA wealth management
High net worth individuals will help drive business growth in bay area, says Moody's
09/24/2020
Asset manager signs deal with wealth firm to bolster LatAm arm
As it targets offshore investors from Argentina, Panama and Uruguay
09/24/2020
In conversation with Farah Ballands, CEO
In 2015, we decided to sell the trust company – so I led the management buy-out of that part of the business, which was backed by Bridgepoint and became Estera.
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.
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.