- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Advisers given extra time to complete qualifications

As FCA allows firms an additional 12 months to let employees sit exams

Advised clients up 4% at AJ Bell

Andy Bell, chief executive at AJ Bell, said: “This quarter was without doubt one of the most dramatic we’ve witnessed."

Securing the family’s future: when family offices operate as asset managers By Steve Sokic, IQ-EQ

In this context, it is significant that family offices are spending more on family professional services, with the average spend per family office reaching US$1 million in 2019

Virus crisis to destroy 14% of advice firms without funding

Derek Bradley, chief executive of PanaceaAdviser, said although advisers will have built up capital reserves in light of their regulatory duties, this may not be enough to allay the "gut concerns" of many advice businesses in the industry.

Private Banking Insights: the anonymous client days are over

While private banks are often accused of being secretive, there has been some cultural shift in recent years.

Credit Suisse profit jumps, beating forecasts

Pretax profit rose 13% but, excluding the gains on the fund platform and major provisions for litigation, it fell 11%.

Stonehage Fleming buys London asset management business

Four members of the Cavendish senior fund management team will transfer to Stonehage Fleming and continue to manage these funds.

How Spanish advisers are dealing with coronavirus

The country has been one of the worst hit by the pandemic in Europe

IFA group joins forces with UK law firm

Joint venture will ‘provide life-after-settlement investment advice’

Dunstan Thomas acquires investment platform as it expands into wealth management

Chris Read, group chief executive at Dunstan Thomas, explains: “Platform Action brings a terrific combination of top flight strategic IT expertise as well as broad delivery capability and very deep platform domain expertise.

Why brand building is essential in times of precarity

The key to the popularity of these durable advertising campaigns was that they exercised a ‘feel good’ factor and prompted memories of better times.

JTC Reports Continued Disciplined Growth For 2019

JTC acquired Exequtive Partners in Luxembourg and small bolt-ons in the Cayman Islands and Netherlands

Lugano WM on why she started investing in venture capital

Nine years on, the firm has two offices – the Lugano headquarters and a Zurich branch

Quilter reports positive Q1 net flows

Approximately 98% of Quilter’s staff are now working remotely including over 200 contact centre-based colleagues servicing its UK and International platforms.

Ocorian boosts funds offering with acquisition

This strategically important acquisition adds depth and breadth to our funds business

Study finds small is beautiful in asset managers

Their study has found that boutique active managers outperformed both non-boutique active managers and passive indexing over the past 20 years, delivering the highest excess returns during periods of elevated volatility.

SJP takes largest share of DB transfer business

Old Mutual Wealth took 6 per cent of transfers but had a lower average transfer value at £320,000

Schroders Personal Wealth launches 11 offices

Schroders Personal Wealth, which is owned 50.1 per cent by Lloyds and 49.9 per cent by Schroders, requires its clients to have a minimum investable assets of £100,000 before taking them on.

Fees waived and frozen: How networks are responding to Covid-19

Warning of "particular disruption in the mortgage market" the network is also paying the licence costs of Intelligent Office for any mortgage adviser who is furloughed during the lockdown period.

Family Offices: A Manual for the Digital Age

The end of Swiss banking secrecy has done little to dissuade the wealthiest of Germans from setting up in Switzerland.

Wealth and Asset Management