Wealth and Asset Management

Wealth and Asset Management

Citizens Builds Private Wealth Momentum in Southern California with Sports and Entertainment-Focused Team

June 24, 2026

Citizens Financial Group, Inc. continues to build its Private Wealth business in Southern California with the addition of a Santa Monica-based advisory team that previously managed approximately $800 million in client assets.    The move follows the recent addition of an insurance advisory team, underscoring Citizens’ continued momentum in expanding both capabilities and talent across […]

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Wealth and Asset Management

Arax Celebrates Finalists for Wealth Management’s 2026 Industry Awards

June 24, 2026

Arax Investment Partners have recognized three firm advisors who were named finalists for Wealth Management’s 2026 Industry Awards in the following categories:   Thought Leader of the Year Cary Carbonaro, CFP®, MBA, is an award-winning financial advisor, bestselling author and a leading voice on women's financial empowerment. As Managing Wealth Partner and Women and Wealth […]

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Wealth and Asset Management

Standard Chartered to sell Bahrain retail operations to focus on larger markets

June 24, 2026

Standard Chartered is exploring options to sell its retail and wealth franchise in Bahrain as the UK-headquartered lender focuses on bigger markets to scale its business.   The announcement does not affect corporate and investment banking operations in Bahrain, the bank said on Tuesday. They will continue to operate in the kingdom “as a super-connector […]

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Wealth and Asset Management

Africa was the world's fastest-growing ultra-wealth region in 2025, new data shows

June 24, 2026

Africa minted ultra-wealthy individuals faster than any other region on earth last year, but the continent's billionaire class remains a sliver of a global fortune dominated overwhelmingly by the United States, Asia, and Europe.   The number of Africans with a net worth of at least $30 million jumped 24% in 2025 to 3,440 individuals, […]

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Wealth and Asset Management

Five client-led shifts reshaping European wealth management

June 24, 2026

Survey results point to changing consumer preferences that are disrupting and transforming the industry in Europe—and highlight the need for a new set of strategic imperatives.   The wealth management industry has long operated on a foundational assumption: that its core value proposition lies in generating superior investment returns. But in Europe, a new paradigm […]

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Wealth and Asset Management

Wealth creators ‘not feeling welcome’ in UK, says Blevins Franks chief

June 24, 2026

The chief executive of international advice firm Blevins Franks has seen a “rapidly growing number of inquiries” from people looking to move to Europe, with the “vast majority” now citing tax.   Speaking to FT Adviser, James Roberts said inquiries reached just under 4,000 last year.   “The vast majority are now citing tax and […]

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Wealth and Asset Management

EY sets out 10 forces that will define wealth management leadership by 2030

June 24, 2026

The forces reconfiguring global wealth management are accelerating faster than most firms can adapt, with artificial intelligence, shifting client behavior and the world's largest-ever private wealth transfer converging to fundamentally rewrite the industry's value creation logic.   The findings are drawn from EY's Wealth Management Strategy Radar, developed by the firm's Global Center for Wealth […]

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Wealth and Asset Management

Fraud warning after scammers impersonate private banking and wealth management firm

June 24, 2026

ISLANDERS are being urged to be wary of unexpected calls, texts and emails – and to verify the legitimacy of any requests using official contact details – after scammers attempted to impersonate a private banking and wealth management firm.   The Jersey Financial Services Commission has issued a fraud warning stating that an Islander had […]

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Wealth and Asset Management

Louis Theroux Confirmed as Endnote for Private Wealth Conference 2026

June 24, 2026

Jersey Finance has announced this year’s theme for their annual private wealth conference, which will examine why trust, substance and resilience matter more than ever against a backdrop of geopolitical uncertainty.   The conference, Trusted Shores, which will take place in London on 22 September, explores how jurisdictions like Jersey are helping private wealth professionals […]

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Wealth and Asset Management

Liontrust Asset Management reports 22% drop in gross profit

June 24, 2026

Liontrust Asset Management has today (24 June) published its final results for the year ended 31 March 2026, revealing a 22% drop in gross profit since 2025.   Assets under management and advice (AuMA) as of 19 June 2026 were £21,445m with gross institutional inflows of over £500m and total net outflows of £276m.   […]

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Wealth and Asset Management

Harbourfront Wealth agrees C$1.775bn investment from Berkshire Partners

June 24, 2026

Harbourfront Wealth Group has signed a definitive deal under which Boston-based private equity firm Berkshire Partners will make an investment in the company.    Audax Private Equity, the firm’s current capital partner, will retain a sizeable stake in Harbourfront after the transaction is completed.    The deal places a value of C$1.77bn ($1.2bn) on Harbourfront.   […]

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Wealth and Asset Management

The largest transfer of assets in Swiss history

June 23, 2026

Large estates, delayed inheritance and international structures are changing the way wealth is being passed on. For private banking, succession planning is becoming a core strategic task.   In 2025, around CHF 100 billion was bequeathed or gifted in Switzerland. This represents a historic high compared with the CHF 32 billion recorded in 2000. Today, […]

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