09/24/2018
How to retain HNW heirs as clients
The most popular answer was to involve HNW heirs during estate planning. About one quarter of wealth managers surveyed voted this as the most important factor in retaining the next generation of HNWs.
Wealth and Asset Management
09/24/2018
Family office plans ‘merchant bank for mega-rich millennials’
This collaboration is a signal of our confidence in the long-term potential of the European digital economy.
09/24/2018
Wealth management giant strikes 14th deal
Emery takes AFH’s acquisition count for the financial year to 14. Earlier this month it bought Bedfordshire-based Ashton House IFA.
09/21/2018
Rothschild Merchant Banking Closes First US Private Equity Fund with Total Capital Commitments in Excess of $655 Million
Five Arrows Capital Partners completes fundraising above target
09/21/2018
33 executives of ICICI Securities quit to join WGC Wealth
About 26 executives who joined from ICICI Securities Private Wealth are front-end relationship managers.
09/21/2018
GDPR made it impossible for banks to provide advisory services
GDPR has forced banks to reconsider the data they collect and how it’s being used.
09/21/2018
Fenergo expands in to asset and wealth management
This expansion will allow clients from other market segments to benefit from their award-winning capabilities for the first time.
09/20/2018
ESG investment demand set to escalate in Asia
Asian wealth managers need to factor in a younger generation who are not only concerned with the financial outcomes of their funds but also the social impact of their investments
09/20/2018
Cetera Loses $300 Million Multop Financial to LPL
Multop Financial, which provides wealth and tax-planning services, has as many accountants as it does advisors.
09/20/2018
Vontobel's Alex Fung: «Deals Are Difficult, But Not Impossible»
We have the funds and we have the will to acquire but we need to find the right fit,» Vontobel Asia CEO Alex Fung tells finews.asia in an exclusive interview.
09/20/2018
Peter Bermont Named To Forbes List Of Top Wealth Advisors
The Forbes ranking of America's Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative and quantitative data, rating thousands of wealth advisors with a minimum of seven years of experience.
09/20/2018
Thai Wealth Management Industry Looks Overseas to Boost Investment Offerings
Fixed income funds remain more popular than equity funds in Thailand, according to data from the Securities and Exchange Commission.
09/20/2018
Brooks boss joins IA board alongside three fund heavyweights
The appointments near-double the number of women at the top of the UK's asset management trade body to 40%.
09/20/2018
Brooks takes £2.5m hit on 'obsolete' tech as compliance costs climb
On an underlying basis pre-tax profits rose from £17 million to £18 million with earnings per share 12% higher at 117p, with revenue 14% higher at £101 million.
09/20/2018
Brooks Macdonald in-house advice a ‘major introducer’ of funds into DFM
The FCA asset management market study noted the potential for conflicts of interest to arise when advisers are recommending funds at related companies.
09/20/2018
China Allows Wealth Management Products to Buy Stocks Directly
Regulatory change comes as stock indexes hit multi-year lows
09/20/2018
Swiss private bank buys Luxembourg bank
The transaction is subject to the approval of the relevant regulatory bodies and is expected to complete during the first quarter of 2019.
09/20/2018
BCGE goes digital with new '4.0' branch
This was an opportunity to remind companies and individuals of the importance of the cantonal bank's role in the regional economy.
09/20/2018
Succession gets back on IFA acquisition trail with two deals
Chartered financial planner McKenzie Investments has four planners including one trainee and has offices in both Inverness and Elgin.
09/19/2018
Absa’s pan-African strategy for high net worth customers
Absa had decided to have a good offshore wealth offering.