06/26/2017
How to snare high-net-worth clients
The next generation of wealthy clients is going to be much more discerning, demanding and cost-centric than previous generations,” says John Bowman, Managing Director of the Americas for CFA Institute.
Wealth and Asset Management
06/26/2017
WMPartners: Anatomy of a Downfall
Make WMPartners into Switzerland's largest independent asset manager.
06/26/2017
Regional footprints: six wealth managers on the view from Scotland
The core of our business has always been Scotland because that’s where we’re physically located.
06/26/2017
Vontobel Installs Private Bankers in New York
The unit is a fully-owned division of Vontobel private bank and started serving U.S. clients from Switzerland in 2010.
06/25/2017
Chinese wealth and family offices need professionals and private bankers
The composite global portfolios of family offices returned 0.3 per cent in 2015, from 6.1 in 2014 and 8.5 per cent in 2013, according to a report by Campden and UBS.
06/25/2017
Wind of change blows the rich away
In some cases properties are passed from generation to generation.
06/23/2017
Millennial entrepreneurs seek influence to boost communities
They want to use that influence to improve those communities.
06/23/2017
Wall Street banks are helping rebuild European soccer clubs
We are building on a base in Europe, what we call greenfield.
06/23/2017
Fee pressure sees Signia Wealth hike passive exposure
The fund house's balanced fund currently has 20 per cent exposure to tracker funds, which in turn has helped reduce the total expense ratio.
06/23/2017
Blackstone Goes All In on Private Wealth
The alternative manager has been quietly building its private wealth business over the last five years, to the point where 15 to 20 percent of its assets under management now come from retail channels.
06/23/2017
European Wealth sells 48% stake to duo in £9m fundraise
Since its launch in 2011, European Wealth has been in part funded by debt.
06/23/2017
Baer integrates WMPartners and broadens its multi-custody wealth management capabilities
Julius Baer Group Ltd. has announced today the strategic realignment of its fully owned independent wealth manager WMPartners Wealth Management Ltd. Its expertise in serving clients with assets booked with different custodian banks will be insourced into
06/23/2017
CIBC Sees $5 Billion PrivateBank Deal Fueling U.S. Expansion
CIBC on Friday completed its $5 billion acquisition of PrivateBancorp Inc., the holding company of PrivateBank. Larry Richman, who ran the Chicago lender for the past decade, becomes CIBC’s group head of the U.S. region and CEO of PrivateBank.
06/23/2017
China Merchants Bank sees strong wealth unit growth as it expands overseas
Sees private banking assets growing 20 pct annually over 5 years
06/22/2017
Cheshire-based advice firm bought by Alexander Beard
Paul Beard, executive chairman of Alexander Beard Group, said that the acquisition fits its strategy of buying smaller practices in relevant locations.
06/22/2017
Raymond James reports 25 percent increase in AUM
The increase in client assets was largely attributable to market appreciation, aided by continued success in retaining and recruiting financial advisors in the Private Client Group.
06/22/2017
Liechtenstein-based private bank carves clear independent path in Asia
“Overall, the restructuring and additional investments we did in 2016 are bearing fruits and we are on track to go beyond initial targets,” he adds.
06/22/2017
China's $24tn private wealth is twice the size of GDP
Eight times more millionaires in China now than 10 years ago, report shows
06/22/2017
How Citi is staying ahead of the wealth management pack
Digitisation is a key priority for Citi
06/22/2017
HighTower entices advisers away from Wall Street institutions
Chicago wealth manager offers an alternative to traditional practices