12/20/2017
Krawcheck expands Ellevest robo to three service levels with more human advice
Firm adds premium and private wealth management tiers with elements of goals-based planning and career advice
Wealth and Asset Management
12/20/2017
Edelweiss Wealth Management acquires securities business
The acquisition is subject to receipt of requisite regulatory clearances and fulfilment of terms and conditions customary to a transaction of this nature.
12/20/2017
Stonehage Fleming makes emphatic return to profit
The full year accounts revealed for the first time that FF&P had been acquired for £1.4 million.
12/20/2017
GAM caps executive pay after investor revolt
Swiss fund manager to cut fixed salary of chief executive and cap bonus pool of board
12/19/2017
Old Mutual strikes £600m asset management sale deal with TA Associates
The Single Strategy business has £25.7bn in assets under management.
12/19/2017
Geneva bank sets its sights on asset management firm
Geneva-based Banque Profil De Gestion plans to acquire an institutional investor, the firm has announced
12/18/2017
Proposed acquisition of Generali PanEurope to create €24 billion specialist wealth manager
The sale of the business to LCCG marks a very important step in our future development.
12/18/2017
Pictet WM Continues To Smile On Developed Market Equities, Frown On Sovereign Debt
Tom Burroughes, Group Editor , 18 December 2017
12/18/2017
Jersey – an IFC island in the mainstream of global finance
One of the Jersey Finance team’s key challenges is differentiation of jurisdiction and value proposition.
12/18/2017
Smith & Williamson 'not in position to list' until late 2019
Funds under administration were up 16% over the period to £10.7 billion.
12/18/2017
How You Can Tap Millennial Wealth
By 2020, that figure will rise to $24 trillion, according to Deloitte data he cites.
12/18/2017
Dirk Klee: «We Built Sort of iPhone»
Talented private bankers are hard to come by, so they need to be equipped with digital tools, UBS wealth management operating chief Dirk Klee tells finews.asia.
12/18/2017
Utmost Wealth and Generali PanEurope to merge
Life Company Consolidation Group is to acquire Generali PanEurope with plans to create a specialist wealth manager by combining it with Utmost Wealth Solutions in a show of “commitment to the international life market”.
12/15/2017
Standard Chartered Private Bank – Taking the wealth management proposition forward in India
Not only the client mix, but the markets are changing rapidly across all asset classes.
12/15/2017
CreditEase Wealth Management Awarded 2017 Best Non-Bank Private Wealth Management Institution in China
To meet the growing demands from our clients, CreditEase Wealth Management has developed a suite of products and services covering five key areas: investment, learning, life-style, philanthropy and inheritance.
12/15/2017
WH Ireland reports 40 percent increase in wealth planning revenue
Our private company initiative, the Investor Forum, has gained significant momentum and we expect this new initiative to enhance the revenue growth prospects of this division during the forthcoming year.
12/15/2017
Standard Life Aberdeen faces heavy institutional redemptions
“Standard Life Aberdeen is making good progress towards creating a world-class investment company. The integration of Aberdeen Standard Investments is on track and we are delighted with the way the teams are coming together to deliver for clients.
12/15/2017
OMGI's Buxton set to announce £550m buyout with backing from TA Associates
£25bn single strategy business
12/15/2017
Investec acquires Lombard’s block discounting portfolio
Investec is a major provider of block discounting, and have recently provided multi-million pound facilities to PCF Bank and Haydock Finance amongst others.
12/15/2017
Santander to buy Deutsche Bank’s private and retail banking business in Poland
A total of 113 branches and 1,500 staff will migrate to Santander as part of the deal.