09/15/2017
Global private banking debate: Providers serve up the best of old and new
These clients tend to be ever-more global, with family members, bank accounts, mortgages and assets distributed across the world.
Wealth and Asset Management
09/15/2017
Troubled wealth firm hit with further FCA restrictions
This business, which holds all UK assets on behalf of Beaufort Securities, had £65 million in client money as at December 2016, according to the firm’s latest accounts.
09/14/2017
Old Mutual Wealth's Feeney on the managed separation road
It also revealed that Old Mutual had put £200 million into the wealth arm to prepare it for its planned spin-off.
09/14/2017
A royal family office: LGT’s UK connections
The royal family attracted attention last year after acquiring a majority stake in Vestra Wealth in June 2016
09/14/2017
Julius Baer Chief Sees Asia Making Up a Third of Business
Hiring spree paying off in a ‘very big way,’ CEO Collardi says
09/14/2017
Citi Goes After Next Generation
Citigold Private Client offers clients access to both Citi’s consumer and institutional businesses.
09/14/2017
A Bigger Umbrella
The Northern Trust Company, as it was originally called, was founded as a bank in 1889 by Byron Laflin Smith.
09/14/2017
Cultivating The Ultra-Affluent
Being a thought leader means you are providing a steady stream of high-value content to your intended audiences.
09/14/2017
Erste Bank Hungary to merge investment, private banking arms
The new division will offer the benefits of independent securities market services while taking advantage of its banking foundation.
09/14/2017
Funds boutique on buy hunt as revenue doubles
The launch of the Long-Term Investment Solutions platform, and the first close of BSIF on 16 June 2017 at £150 million, was a milestone for the Group.
09/14/2017
Focus Financial Catches Another Big Fish
Eton’s customized goals-based approach has won the team multi-generational relationships with ultra-high-net-worth clients in over 20 states, Puerto Rico and Canada.
09/13/2017
Two dozen bidders in fray to buy AXA's wealth management unit in HK
Interest in AXA’s unit has mainly come from some insurers, Chinese state-owned enterprises, private investment groups and property companies, the sources said.
09/12/2017
Former Gartmore owner approached about Old Mutual funds deal
Hellman & Friedman is among a group of investors being asked to look at bids for part of OMGI, Sky News understands.
09/12/2017
South-African Asset Manager Shutters Zurich Bureau
This was the case with Foord Asset Management, a South-African firm that opened a representation in Zurich at the beginning of 2016.
09/12/2017
Schmidt Financial Group joins Dynasty Financial Partners
Firm Has Client Assets of More than $300 Million and Demonstrated Strength in Working with Clients in the Technology Space
09/12/2017
Partners Group Profitability Surges
Revenue increased by a quarter to 565 million Swiss francs and IFRS profit added 42 percent to 359 million francs.
09/11/2017
Australian Banks May Exit Wealth Management Without Being Forced
The government’s response, based on its 2016 inquiry, is closer scrutiny on how retail interest rates are being set, Coleman said.
09/11/2017
A more meaningful role for insurance in meeting client needs
Critical illness and health insurance are also rising in demand as people live longer.
09/11/2017
Wealth Managers in Hong Kong Face Falling Margins
Although private wealth is surging, managers face stiff competition and new regulations
09/11/2017
Creating a more meaningful wealth management market in Vietnam
By comparison, therefore, wealth management is difficult, costly and time-consuming. Not many local banks yet have a clear affluent or HNW strategy.