01/17/2018
HNWI growth outpacing super: Research
Putting the sector into perspective, Rainmaker noted that there are about 255,000 HNWIs in Australia, representing $1.2 trillion in aggregate investment capital.
Wealth and Asset Management
01/17/2018
Succession group buys four wealth management-firms
The companies are Independent Advisors (Scotland) and Fergus Muirhead based in Glasgow; City of London's Booth Wealth Management and Rossmore Financial Services in Warwickshire
01/17/2018
Bank of the West Wealth Management have been recognized by two prominent annual industry awards
Named Best Bank for Entrepreneurs in Professional Wealth Management/The Banker Global Private Banking Awards
01/17/2018
Goldman investment management assets near $1.5trn
The firm’s investment management division, which houses Goldman Sachs Asset Management and Private Wealth Management, saw assets under supervision, increase by $115 billion, or 8%
01/16/2018
Carolyn Leng: Planning for a multigenerational wealth transfer
This is a vast difference from how the previous generation used to approach this matter, says Carolyn Leng, head of CIMB Private Banking.
01/16/2018
Wells Fargo wealth unit profit rises to $659m in Q4
The division’s client assets at the end of 31 December 2017 totalled $1.9 trillion, a jump of 11% compared to the end of December 2016.
01/16/2018
JPMorgan wealth unit net income rises 12% in Q4
2017 was a record year on many measures for JPMorgan Chase as we added clients and customers and delivered record EPS
01/16/2018
Netwealth posts £3.1m loss following big capital raise
Over the past year, the company has also reported that its average client account size has increased from around £200,000 to over £300,000.
01/16/2018
Emotomy Integrates With Interactive Brokers
Advisors can now use Emotomy for a seamless online client onboarding experience which includes electronic signatures of the advisor's agreements and disclosures as well as account opening at Interactive Brokers.
01/16/2018
Lugano adviser launches WM platform with European peers
This ranges from expertise in asset management to private equity and real estate investments.
01/15/2018
LGT Vestra reports growth from zero to £10 billion of assets under management in 10 years
LGT Vestra's private ownership structure enables a long-term approach to managing the business and client portfolios thus avoiding short term market pressures.
01/15/2018
This fintech firm is aiming to steal the dinner off wealth managers' plates by targeting the super-rich
It might seem that high-net-worth investors are unlikely to turn from the trusted wealth managers of Mayfair and the City.
01/15/2018
Succession buys four more firms
Succession Group has bought four more financial advice firms from across the UK.
01/15/2018
What you need to know about Asian private banking jobs in 2018
Hiring individual mid-to-junior-level bankers brings up headcount numbers, but not all of them will be successful and some will even end up being retrenched
01/15/2018
Offshore firm bolsters Luxembourg and Mauritius offering
Ocorian Completes Acquisition of MAS International to Extend its Fund and Corporate Services in Luxembourg & Mauritius
01/15/2018
Lugano WM wins Finma licence amid expansion boom
The firm has since been on a rapid expansion path with more plans projected.
01/14/2018
Swiss bank adds ‘exciting’ to job description
One of Zurich’s largest banks wants to overhaul characteristics traditionally associated with industry
01/12/2018
Credit Suisse named Asia Pacific's best private bank for the third consecutive year
"Asia's private banking industry enjoyed a stellar 2017 on account of strong markets and client activity."
01/12/2018
Best Private Bank Of The Year Monaco: Compagnie Monégasque de Banque
Fully owned by the leading Italian investment bank Mediobanca, Monaco’s CMB is among the world’s true private-banking luminaries.
01/12/2018
Premier Banking model adopted by many high-street banks in the Europe is failing
He argues that retail banks have failed this large and important segment of the market by lumping everyone together into the same bucket and then designing a “one size fits all” solution known as premier banking.