02/19/2018
Wealth managers must go digital
As wealth is passed between generations, advisers must adapt to their new target group and adopt the right technology
Wealth and Asset Management
02/19/2018
Swiss banks collaborate to develop Hermance Capital Partners
The fund invests in non-listed assets on behalf of its private clients.
02/19/2018
Citi sees rich pickings in targeting Asia’s ‘mass affluent’
Bank to roll out tools for super-rich to wider market in drive for growth
02/19/2018
Wealth manager acquires Grennan Advisers
We have always prided ourselves on delivering a relevant proposition as well as giving clients peace of mind and are delighted that Sanlam will continue with this approach.”
02/16/2018
Credit Suisse: Deceptive Figures?
CEO Tidjane Thiam can take credit for the turnaround strategy: Credit Suisse is considerably slimmer, more efficient, and most importantly, more solid than it was when he arrived in 2015.
02/16/2018
Credit Suisse Cool on Private Banking Hiring
The formula is one increasingly employed by private banks in order to get a leg up with big, family-controlled firms.
02/16/2018
Vistra Solidifies Presence in Ireland with new Acquisition
Through Vistra Alliance, Vistra has developed a strong ten year relationship with the team and we have seen first-hand that Ireland has become a key jurisdiction for inward investment.
02/16/2018
Deutsche Bank to sell Cayman, Channel Island ops
The transaction is expected to close in stages during 2018
02/16/2018
Bank of NT Butterfield & Son posts 4Q profit
These strong results were driven by our specialized banking and wealth management businesses that generate consistent fee income
02/16/2018
Middle East Wealth Management on track for Growth and Evolution
The wealth management industry is certainly evolving.
02/16/2018
UBS aims to cater better to female clients in Asia
So what else is new? After all, as the rich get richer, and with a turbo-charged China, the fact that more of them are women is to be expected.
02/16/2018
Invesco to drop Perpetual and PowerShares names in rebrand
Invesco acquired index fund business PowerShares in 2006, which currently manages $139 billion of assets.
02/16/2018
Ecobank offers wealth planning services to customers
She commented that Nigerians were good at making money and creating wealth, but had yet to pay attention to sustaining the wealth, and passing it on to the next generation.
02/15/2018
Goldman Sachs Growing its Wealth Management Business
Wealth management is still a relatively small part of Goldman Sachs, which had total revenues of $32.1 billion in 2017.
02/14/2018
Mercer Advisors is Growing in Florida
They offer guidance on a range of financial issues including investments, retirement, estate planning, charitable giving, and family business issues.
02/14/2018
Canaccord Genuity inks deal with Cash Management Group
This addition supports the firm's objective of growing assets under management and administration, to enhance the long-term stability of its earnings potential.
02/14/2018
An evolving marketplace for HNW life insurance in Asia
Distribution is another area where we are poised to see changes which Ellis feels is very natural and a matter of diversification of risk.
02/14/2018
Credit Suisse posts third straight annual loss on U.S. tax writedown
Analysts had expected Switzerland’s second-biggest bank to post a 1.1 billion Swiss franc loss because of the writedown.
02/14/2018
The world is minting millionaires quicker than Goldman Sachs can keep up with them — and it's making a fortune off of them
The investment bank has just over 700 private wealth advisers who brought in a staggering $4.5 million in revenue each on average
02/14/2018
Old Mutual acquires IFA as deal hunt continues
The business employs more than 50 financial advisers across the UK and continues to grow.