03/04/2020
Sanlam shifts sub-£300k clients to ease pressure on wealth managers
Smaller clients will be transferred to the firm's multi asset funds as chief executive Penny Lovell aims to increase its average portfolio size to at least £1m.
Wealth and Asset Management
03/04/2020
Remortgaging and private banks
Peter Izard, business development manager at Investec Private Bank, takes a look at the opportunities and the role of private banks in the growing remortgage market for high net worth individuals
03/03/2020
SNB bounces back with CHF 49bn profit
This was largely from negative interest charged on sight deposit account balances.
03/03/2020
Refinitiv boosts wealth management biz through acquisition
By integrating Scivantage’s solutions, Refinitiv has expanded its wealth management portals’ service offering
03/03/2020
UBS CEO Set to Become Swiss Re Chairman, Reuters Reports
Sergio Ermotti will assume the post after leaving Swiss bank
03/03/2020
Veteran Merrill Advisor Breaks Away from $2.5 Billion Team
Brenda Cox, Senior Merrill Advisor is moving on to start Nspire Wealth an independent RIA in Denver.
03/03/2020
Wells Fargo Works to Shake the Taint of Past Problems
The Securities and Exchange Commission said the wirehouse and independent broker-dealer unit failed to properly train and supervise sales of such products between 2012 and September 2019.
03/03/2020
Wealth managers need more relevant marketing
Millennials are not wooed by big names in financial services
03/03/2020
Fiduciary Trust Company International Completes Acquisition of Athena Capital Advisors
The combination of our firms will enhance the experience we can deliver to high-net-worth and ultra-high-net-worth clients across the country."
03/03/2020
Wealth Managers See Opportunity in Markets Pounded by Coronavirus Fears
With the spread of the coronavirus triggering the pounding of global markets last week, wealth managers are telling clients there is plenty of opportunity to profit.
03/03/2020
UKSPA launches free portfolio analysis tool
Portfolio Optimiser allows users to either create their own structured product for analysis
03/03/2020
How to get millennials interested in their finances
Very soon, a new generation will be controlling investment decisions with a different approach and strategy.
03/03/2020
Investors Trust and Aiva join forces in Latin America
This is an important milestone in our efforts to use our combined professional experiences to collectively grow and reach new heights in terms of service and distribution."
03/03/2020
UBS Advisor Thomas Mahoney Named to Forbes/SHOOK List of 2020 Best-In-State Wealth Advisors
Recognition of an exceptional career in Financial Services
03/03/2020
Coronavirus concerns: the asset classes WMs are fleeing
Within fixed income, emerging market (EM) bonds are set to recieve the most inflows as 65% of the respondents said they are expecting to up their exposure to the asset class within the next 12 months.
03/03/2020
First Republic Bank Declares Dividends on Four Series of Perpetual Preferred Stock for First Quarter 2020
A quarterly cash dividend of $13.75 per share was declared on its Noncumulative Perpetual Series G Preferred Stock.
03/02/2020
HSBC Sets Sights On China's Rich
The combined wealth business has $1.4 trillion in assets under management, with nearly half of those assets in Asia.
03/02/2020
HSBC Hires Wealth Teams Across Asia
Recruitment for wealth teams across Hong Kong, Singapore and mainland China is on track.
03/02/2020
Bigger means better for asset managers merging to survive
Jupiter’s swoop for Merian shows how times are changing in the sector as bold moves replace the normally staid practices of fund handlers
03/02/2020
Schroders set to change results reporting to woo City analysts
At the end of last year Schroders embarked on a restructuring drive which could lead to 200 job cuts globally.