08/30/2024
Nomura plans to hire more wealth management bankers in Dubai, Hong Kong, and Singapore, aiming to boost wealth assets outside Japan to $35 billion by next year.
08/30/2024
It also reported $34.2 billion in funds under advice (FUA), which is up 104 per cent from $16.8 billion in FY23.
08/30/2024
These initiatives mark expansions in response to growing institutional interest in the private credit market.
08/30/2024
The impairment charge was linked to the wealth firm’s purchase of Cambridge-based NW Brown and attributed to a ‘fall in assets under management’.
08/30/2024
The wealth manager has appointed Centrick Invest to its panel as a property partner after “significant due diligence”.
08/30/2024
The latest round of earnings updates highlights wider issues in a sector that needs more than mega deals to recover
08/30/2024
This lack of confidence is not necessarily tied to a lack of ability, as women who do invest generally see better returns than men.
08/29/2024
The deal sees all employees and clients transfer to Melbourne Capital Group, with operations moving to their offices in UOA Corporate Tower, Bangsar South, Kuala Lumpur.
08/29/2024
The firms expect the transaction to close in the fourth quarter.
08/29/2024
Clients also praise Yann for being ‘acutely aware of international market trends and the way UAE platforms provide useful solutions for clients.’
08/29/2024
As the total addressable market size for fee revenue in the affluent segment is estimated to be up to USD 40 billion annually, this presents a significant opportunity to wealth managers.
08/29/2024
Now in their fourteenth year, these awards were established to highlight the excellence of the advisors and managers in the private wealth sector
08/29/2024
Lombard Odier’s balance sheet remains strong, liquid and conservatively invested, and totalled CHF 13 billion at end-June 2024.
08/29/2024
Against this backdrop, managers must reconcile inbound calls and staff rotas to ensure key call centre metrics, such as customer satisfaction targets, Average Handling Times (AHT) and abandonment rates are met.
08/29/2024
The balance sheet total stood at 2.5 billion francs at the end of June.
08/29/2024
Glasgow base helps Tweed Wealth Management cover the nation
08/29/2024
The team also added to its positions in the FTGF ClearBridge US Equity Sustainability Leaders and Brown US Sustainable Growth funds.
08/29/2024
The stark warning from wealth managers follows UK Chancellor Rachel Reeves refusing to rule out tax rises and after Sir Keir Starmer warned the autumn budget will be ‘painful.’
08/29/2024
The portfolio typically has a short to medium-term maturity such as three or five years, depending on the investment horizon.
08/29/2024
Three Steward advisors earn place on prestigious list honoring advisors under 40