05/15/2019
Rothschild bucks trend with strong Europe performance
The bank’s revenues were boosted by advisory fees on M&A in Europe, in contrast to many rivals
Wealth and Asset Management
05/15/2019
Australia Wants Swiss Bankers
Australia’s largest financial institutions – including the hallowed AMP – stand accused of gouging investors for fees, not disclosing conflicts and profiting from these conflicts of interests, often at the expense of the client.
05/15/2019
Credit Suisse joins forces with YIO to launch Next Generation report
Credit Suisse partners with the Young Investors Organization to publish a report dedicated to a generation on the cusp of inheriting the family legacy and the responsibility associated with it.
05/15/2019
Hines & Warner Wealth Management to Join Focus Partner Firm Vista Wealth Management Group
The combination of the two firms also promotes continuity of service for Hines Warner and their clients as they join a like-minded organization in Vista.
05/15/2019
Further afield
Quilter Cheviot, an investment manager, has nine regional offices around the UK in all the Cities we mention herewith, in addition to London.
05/15/2019
Zoe Financial Wins Morningstar's Annual Fintech Competition
The head of the digital lead generation site says it has already connected $100 million in new client money with advisors.
05/14/2019
Ex-Credit Suisse Top Shot Shoots Square in CEO Job
This newspaper ad move comes after AMP’s admission last week that its wealth management arm had suffered $1.8 billion of outflows in the first quarter of 2019 – its worst ever since the global financial crisis.
05/14/2019
Newly re-branded Principal Financial Group courts next generation HNWIs
To this end, Principal’s asset management arm will develop products and services that it believes will be attractive over the long term to these younger clients.
05/14/2019
Wealth Advisers Are Fleeing Big Banks For Smaller Firms
Breakaway firms have parked $25 billion on Dynasty’s platform
05/14/2019
CIBC AM makes portfolio management changes
CIBC Private Wealth Advisors will assume advisor responsibilities for three funds
05/14/2019
The US has more billionaires than China, Germany and Russia combined
The billionaires are increasingly congregating in a cluster of cities - a total of 773 billionaires are living in the top 15 billionaire cities
05/14/2019
Deutsche Bank-UBS talks on asset management merger stall
Such a tie-up still made strategic and financial sense and they did not rule out that talks may eventually be revived, three sources said, but both banks had wanted to drive the venture.
05/14/2019
Wealth Advisers Are Fleeing Big Banks For Smaller Firms
Breakaways are occurring more frequently as advisers hoping to exert greater control and keep a larger share of the revenue bolt big banks to create boutique firms.
05/14/2019
Train hails 'spectacular' Schroders and Hargreaves return
Train said in his latest update to investors in the fund that April had proved 'a rather spectacular month'.
05/14/2019
Benjamin F Edwards launches registered investment adviser
The firm is debuting with Blake and Connor Dunlop of the Dunlop Investment Group, a father-son duo who manage USD230 million in client assets.
05/13/2019
Don’t Have $25 Million? Then You’re Just Another Peasant
Only a couple of decades ago just having a few million made you truly rich.
05/13/2019
The future of private banking in Germany: Four trends shaping the market
Expect to see more strategic partnerships, mergers and acquisitions in the latter half of 2019.
05/13/2019
Wealth management firm completes first deal of 2019
It may make two more deals before the end of the year which could tip AUM over £1bn
05/13/2019
Dolfin Completes Acquisition of Private Wealth Business
We are delighted to announce that we have completed our acquisition of the business of London-based Falcon Private Wealth Ltd.
05/13/2019
Lionel Aeschlimann on art and seeing the world differently
The Mirabaud partner talks of his faith in active management and the group’s bicentenary