09/16/2019
City heavyweights plough £10m into wealth manager
The company has raised £26.5m in three funding rounds since launch.
Wealth and Asset Management
09/16/2019
Unigestion opens Copenhagen office
The office will allow Unigestion to increase its investor base in the region and work closer with investors looking for unique investment strategies, including bespoke ESG solutions for those with more specific requirements.
09/16/2019
St James's Place reacts to 'forgery' claims
The client, named Miss J in the Ombudsman documents, also claimed the adviser “forged” her signature in a “doctored” document.
09/16/2019
Global wealth manager launches with 'The Symphony Of Trust" gala night
As a highlight of the night, American musical legend Michael Bolton was flown in to give a private concert to the VIPs.
09/16/2019
HighTower Advisors Named to Barron's 2019 Top 100 Independent Wealth Advisors List
Barron's ranking of the Top 100 Independent Financial Advisors reflects the volume of assets overseen by the advisors and their teams
09/13/2019
Wealth manager ups its funds under management to £13 billion
Brooks Macdonald sees profits increase amid economic uncertainty
09/13/2019
Peter L. Bermont Named to Forbes List of America's Top Wealth Advisors
Bermont, whose group manages over $2.1 billion in client assets, specializes in wealth management for high net worth individuals, companies, not-for-profit corporations and endowments.
09/13/2019
UBS Holds 25 Percent of APAC Private Client Wallet Share
He notes that the high cost of doing business in private banking constrains players and many falter while attempting to suddenly expand across too many facets.
09/13/2019
Two Acquisitions Completed by Wealth Management Giant
The two deals will bring a combined £215m of funds under management to AFH, raising its total above £5.6bn.
09/13/2019
Partners Group reports H1 2019 financials
H1 2019 was a solid start to the year for Partners Group
09/13/2019
Aberdeen Standard Investments signs exclusive license agreement
The investment strategy will subsequently allow access to HFR’s investable index family, with circa 30 underlying investable hedge fund strategies and sub-strategies giving investors the opportunity to choose those most suited to their needs.
09/13/2019
Fairstone hails acquisitions and 'significant' client growth
Fairstone operates what it called “a unique model” that reverses the traditional buy and build approach.
09/13/2019
Failed wealth manager circled by 100 firms
In some cases clients of the wealth manager were paying fees and charges as high as 20 per cent of their total investment, the FCA claimed.
09/13/2019
Assante Wealth Management partners with leading financial technology company
This new partnership illustrates how CI Financial, the parent company of Assante and WealthBar, is leveraging technology to enhance its products and services throughout its operations.
09/13/2019
WealthManagement.com Announces 2019 Industry Awards Winners
Judges recognize 61 companies for their outstanding support of financial advisor success from among 166 finalists
09/13/2019
Wealth Advisory Firms Are Merging, but What’s in It for Clients?
This is great for the advisers who have ownership stakes in the acquired firms.
09/12/2019
EFG’s Ongoing Quest for Entrepreneurial Talent amid Asia Pacific Expansion
EFG is now one of the largest Swiss private banks with a fast-growing global presence.
09/12/2019
Investec goes for Gabelli Value’s throat with discontinuation vote
In an open letter to Gabelli’s chairman Jonathan Davie, Chris Hills, Investec’s chief investment officer, attacked the board for its inaction over the trust’s ‘material underperformance’ that has seen its net asset value (NAV
09/12/2019
Asset-based fees – what would advisers do without them?
The survey showed that an annual fee was the dominant choice with respect to high net worth clients, with around 60% of respondents choosing this method
09/12/2019
Pictet AM makes a move on China
The firm aims to participate in the Hong Kong-China Mutual Recognition of Funds scheme.