08/08/2019
CBA wealth profit drops, remediation escalates
CBA alerted the market that it is exiting the last of its financial advice businesses
Wealth and Asset Management
08/08/2019
Cantonal bank CIO cuts equity exposure amid slowdown
In light of that, he has cut his exposure to government bonds, and prefers corporate, convertible and emerging market bonds to diversify the portfolio.
08/08/2019
AMP NZ wealth management arm up for sale
AMP reported an underlying net profit of $309 million.
08/08/2019
Barclays opens tech lab as part of Aberdeen’s diversification drive
Aberdeen’s entrepreneurial spirit and the drive to diversify the north-east economy has encouraged Barclays to open its second Scottish Eagle Lab.
08/08/2019
Wealth management firm opens in Belfast 'to cope with demand'
The firm has had advisers here for around two years - and Mr Durlacher said the new offices demonstrated its commitment to the province.
08/08/2019
New strategy to reset AMP
“This strategy will put AMP on the path to sustainable, long-term value creation.”
08/07/2019
Pacific Asset Management teams up with wealth manager
The most tangible ‘alpha’ lies in the advice, says PAM chief executive Matt Lamb
08/07/2019
Assets rise at Standard Life Aberdeen in ‘tough’ investment climate
Assets managed by Aberdeen Standard Investments were £525.7bn (FY 2018: £505.1bn)
08/07/2019
UBS to charge HNW clients for accounts above 500,000 euros
Passing on negative rates to wealthy individuals is a trend that is now extending to euros, as central bankers prepare new stimulus plans to reboot global growth.
08/07/2019
£8.5 billion inheritance skipping a generation every year
As a result, despite ONS data showing the age people inherit family wealth is between 55 to 64 years, many younger relatives are benefiting from a financial legacy earlier
08/07/2019
CBA ends aligned advice amid profit plunge in private banking
Average funds under administration of A$149bn were 5% higher than last year.
08/07/2019
Canaccord Genuity Reports First Quarter Fiscal 2020 Results
Excluding significant items, first quarter earnings per common share of $0.23
08/06/2019
Time for banks to come to the philanthropy party
The one constant for any researcher is the difficulty in obtaining information.
08/06/2019
UBS not the last to charge wealthy clients negative interest rates
As negative rates become more entrenched, Swiss banks are having to shield profits
08/06/2019
Oppenheimer Financial Advisor Christopher Lazos Named To 2019 Forbes Top 250 Next-Gen Wealth Advisor List
Chris is paving the way for future Financial Advisors with his commitment to providing his clients with exceptional service.
08/06/2019
Sentinel Trust named Houston's Top Wealth Management Firm for fourth consecutive year
Sentinel Trust would also like to congratulate the other Houston-area firms that made the list this year.
08/06/2019
Asia Wealth Group Holdings Ltd - Audited Results to 28 February 2019
The Board remains focused on further acquisitions and partnerships in Europe and the Americas as well as the south-east Asian region.
08/06/2019
Is intergenerational wealth on the decline amid changing values and technological advancement?
The firm’s previous research report, ‘Four Pillars of Capital for the Twenty First Century’ (2015), found that a family’s tangible assets are just one part of a broader legacy.
08/06/2019
HSBC Reverses Swiss Losses
The result represents the first profit from HSBC in Switzerland in five years following a torrid period of crises.
08/05/2019
Revealed: The shortlists for the UK Platform Awards 2019
Adviser awards shortlists revealed