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Farrer & Co shortlisted in four categories at the 2024 Chambers High Net Worth Awards

The Chambers High Net Worth Awards recognise law firms around the world, based on their independent research for the Chambers High Net Worth Guide.

Bowmore Wealth snaps up firm taking assets above £400mn

The deal adds £50mn to Bowmore Financial Planning’s assets under advice and brings the total for Bowmore Group to above £400mn.

The Future of Wealth Management: A Client-led Revolution

Technological advancements and demographic changes are unquestionably reshaping the landscape of wealth management.

Odey Asset Management closed in a crisis. Two of its former funds are now top performers.

The Odey Absolute Return Focus Fund and the CF Odey Absolute Return Fund both ranked in the top 10 in April, having achieved gains of 16.7% and 9.61% respectively, figures from Societe Generale show.

Goldman Sachs PWM's Campos on growing ME families' direct private investments

Goldman Sachs is seeing an uptick in private credit and private equity interest as family offices grow more sophisticated in their needs.

ABN Amro to sell its stake in life insurance joint venture Neuflize Vie

The transaction will marginally affect ABN AMRO’s profitability and RWAs, resulting in a minor positive impact on ABN AMRO’s CET1 capital ratio.

Not another one? Abrdn property trust moves to shutter

It cited its small size and low share liquidity, which it said had deterred some potential investors, as well as its “materially uncovered” dividend.

Advisers' roles will not be the same because of AI

For the more analytical side it will be AI that does the job because it can do it so much faster and better than a human.

Overhyped, but ignore at your peril: AI in Wealth Management and Private Banking

This isn’t changing the world, but it will eke out a few basis points efficiency, similar to how the digital trend eked out incremental benefits but not brought revolution.

Why Schroders Capital is now going for wealth clients

Georg Wunderlin, head of private assets at the firm, is ready to push into the wealth space, even though adoption continues to be slow.

Interim management statement for the first four months of 2024

This resulted in net profit for the first four months of 2024 that is 50 per cent lower compared with the previous-year period.

UBS: Does Iqbal Khan have to bake smaller rolls?

The major Swiss bank UBS is apparently considering putting investment bank boss Rob Karofsky at the head of its entire US business.

New CEO and chair buy majority stake in Ticino IAM

Taurus Asset Management has also moved into a larger office in Lugano.

Lombard Odier celebrates 20 years in Belgium and opens an office in Antwerp

Lombard Odier supports entrepreneurs and their families from generation to generation with a comprehensive and tailored approach to wealth management, wealth planning and asset management.

Crookall chooses Objectway as a strategic partner for digital transformation and market expansion

The independent investment firm has maximised its long- standing partnership with Objectway to grow and digitise its business, scaling up operational efficiency, service offering and client experience.

PE-backed MKC Wealth snaps up two advice firms

Two client support staff have joined MKC Wealth’s London office in an administrative capacity as a result of the deal with Gibson Lamb.

UBS Revamps Leadership of Asset Management Unit

The memo offers an indication of the Swiss bank plans for its asset management unit, following earlier changes at its wealth management and investment bank divisions.

The existential threat at the heart of Britain's biggest wealth manager

Fees made St James's Place rich but now risk toppling the firm

SEB to launch family office service company in Zurich

The bank also wants to open a representative office in the same building.

Bernie Ecclestone’s ex-wife establishes family office for divorce fortune

Slavica Malic is said to have received more than £700 million from her 2009 divorce settlement

Wealth and Asset Management