03/03/2017
Credit Suisse sees more lending to the world's wealthy
Cross-town rival UBS does not give a breakdown of how it generates its net new money.
Wealth and Asset Management
03/03/2017
New Training Available For Advisors To The Wealthy
Advisors must adjust their approach from one to one, to one to family if they want to help their clients achieve the financial legacy they desire
03/03/2017
Canaccord snaps up 100 clients from Duncan Lawrie
We look forward to welcoming our new clients on board and providing them with the exceptional quality of service and investment offerings that we are known for.
03/03/2017
WMA ditches FTSE as data provider on benchmark indices
The indices are the longest-running private investment, multi-asset index series in the UK
03/03/2017
Merrill Lynch debuts new mobile features
The increasing number of incumbents investing in mobile banking points to a fundamental shift in the industry
03/02/2017
Banking's Asset Management Puzzle
Switzerland’s two largest banks are best known for private banking and to a lesser extent as investment banking players.
03/02/2017
DBS CEO says wealth management to account for a fifth of bank's revenue
But the bank will continue to consider bolt-ons to expand its presence overseas.
03/02/2017
GAM Holdings 2016 underlying pre-tax profit CHF 120.1 million
Net outflows of CHF 10.7 billion due to heightened risk aversion among investors amid political and economic uncertainty
03/02/2017
Schroders Wealth Management net operating revenue increases 8%
Net flows in early 2016 were impacted by clients’ preference for private assets after limited market returns in previous years and also for property in the UK. There were total net outflows of £0.3 billion.
03/02/2017
OppenheimerFunds Offers New Program to Advisors Serving High Net Worth Families
Families today are relying more than ever on the wealth advisors who serve them.
03/02/2017
Safra Sarasin Group reports net profit increased of 9.4%
Net profit increased by 9.4% to CHF 252.1 million
03/02/2017
Julius Baer and GAM terminate brand licence agreement
Julius Baer allowed GAM to continue running Julius Baer-branded investment funds under a royalty-generating brand licence agreement.
03/02/2017
How Adelaide boy Peter Flavel became the Queen's banker as Coutts CEO
It led to the establishment of the mass affluent and the private bank client segments at NAB.
03/02/2017
BlackRock Said to Cut Employee Bonuses for First Time Since 2011
BlackRock saw its first decline in annual revenue since 2009 as performance fees fell by more than half.
03/02/2017
Summitas Wins Private Asset Management's 2017 "Best Cyber Security Solution" Award
Similarly, HPM Partners has been consistently ranked among the top wealth managers by PAM, Forbes, Financial Times
03/02/2017
UBS managing director Barry Sharkey to take extended leave
It also comes during the week which UBS options issued to staff post the global financial crisis can be vested.
03/02/2017
Schroders ditches quarterly reports as wealth head steps down
Combined with acquired growth and market appreciation overall assets rose from £313 billion to £397 billion, while income rose 8% to £1.7 billion.
03/02/2017
Credit Suisse Asia Pacific partners fintech firm Mesitis to offer aggregation platform
The Swiss private bank is also pushing out in the region a fully front-to-back automated digital client onboarding application.
03/02/2017
Schroders pays £86m for stake in advice company
In its results Schroders said Benchmark Capital increased its assets under administration over 2016 to £11.1 billion.
03/02/2017
Yellow Brick Road to revamp wealth management ops with Rubik
Rubik also supplied digital channels software to the domestic market.