02/20/2019
Weallth Management business raises £2.8M funding
“The goal for Finitor is to continue partnering with independent financial advisory businesses as we develop a national presence.
Wealth and Asset Management
02/20/2019
Mirabaud launches Uruguay wealth offices
The group plans to hire more relationship managers, which should bring its Montevideo-based staff to six people in 2019, according to the statement.
02/20/2019
HSBC Wealth Arm Posts Loss
Once the largest foreign wealth manager in Switzerland, HSBC has been shrinking in the alpine nation for years.
02/20/2019
DBS Vickers Getting A Makeover
The problem with mobile brokers is: how do you control them and ensure the quality of services?
02/20/2019
Lloyds to launch HNW offering with Schroders
The new company will offer financial planning services to affluent UK customers.
02/20/2019
Barclays feared losing talent to US banks if it took 2008 bailout, court hears
The comments came on the first day of Agius’ evidence as a witness in a case against four former Barclays executives.
02/20/2019
Wealth Management Firm Secures £2.8M for Acquisition
"The goal for Finitor is to continue partnering with independent financial advisory businesses as we develop a national presence."
02/20/2019
Private Banking vs Wealth Management
How much wealth varies from one bank to the next but generally speaking, the benchmark is a six-figure sum in cash or seven-figures in assets.
02/20/2019
New Schroders-Lloyds Financial Planning firm to launch in June
Schroders Personal Wealth will be available to Lloyds Bank Private Banking and Bank of Scotland Private Banking eligible customers from June and then opened to the wider UK market from the fourth quarter of 2019.
02/20/2019
Dynasty Financial Partners Will Move its Headquarters from New York City to St. Petersburg, Florida In Second Quarter 2019
Dynasty Moves Headquarters to St. Petersburg As More Wealth Firms Choose St. Pete /Tampa
02/19/2019
Treasury reshuffles asset management taskforce as big names step down - reports
In addition to the Taskforce’s existing priorities, the Economic Secretary challenged the refreshed Taskforce to investigate what new international opportunities the UK’s asset management industry could seize after Brexit, and to explore ways
02/19/2019
When the Ultra-Wealthy Give, It Is ‘Almost Like Starting a Business’
It’s no surprise that the types of charitable causes the two groups support overlap, with education the top cause for both.
02/19/2019
Schwarz Gehard to move private client services to Austria amid Brexit fears
Brexit has prompted several firms to relocate their operations.
02/19/2019
'Big five' lenders eye wealth unit potential
So far the regulator has accepted similar applications from multiple commercial banks, while many others are also planning to do so.
02/19/2019
Société Générale in Partnership with Rugby Africa
Rugby Africa is one of the six regional associations of World Rugby, the international body that oversees the organisation of the Rugby World Cup.
02/19/2019
Mercer Advisors Acquires Arbor Asset Management
RIA Acquisition Expands Mercer Advisors' Presence in the Mid-West
02/19/2019
Next-Generation Philanthropy
The study also found that the older generations tend to give more to “traditional” sectors such as education and health, whereas younger generations accord greater value to causes relating to the arts and culture, the environment
02/19/2019
Geneva WM: it’s merge or die for small players
Since 2013, AWAP, which started with 3 members, has grown to 22.
02/19/2019
Ten Lifestyle Signs Concierge Service Contract With Absa Bank
We are delighted to have been selected by Absa to supply their private banking clients with our services.
02/19/2019
How wealth managers get access to private equity
These vehicles are traditionally structured as limited partnerships aimed at institutional and ultra-high net worth investors, says Tilney managing director Jason Hollands.