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Raymond James Financial Reports July 2016 Operating Data

The favorable year-over-year comparison was attributable to growth in the Private Client Group segment and Fixed Income division.

Quilter Cheviot plans active role in industry consolidation

Having Old Mutual as its parent provides London-headquartered discretionary fund manager Quilter Cheviot with a great deal of opportunity, said chief executive David Loudon, particularly when it comes to acquisitions.

European Wealth to overhaul charges as acquisitions boost FUM

The group has recorded a 12.8% increase in revenue to £4.4 million for the six months ending 30 June.

Saunderson House profits up 33% as discretionary focus increases

The firm launched its discretionary management service in the first half and said that this will be an increasing focus for growth in the future.

What are the key issues for wealth managers after Brexit vote and BoE rate cut?

Meanwhile, Tilney Bestinvest's director of investment strategy and research Ben Seager-Scott shares his thoughts on the Bank of England's latest monetary policy moves

Knightsbridge branch of Al Rayan Bank sees brisk business despite Brexit

The Knightsbridge branch provides its private banking customers with a high quality, personalised and bespoke banking service and a comprehensive range of Shariah-compliant financial solutions including residential and commercial real estate finance as we

How to Stay Rich in Europe: Inherit Money for 700 Years

Their relatively high level is a sign of the continent’s low social mobility, keeping education, income and social connections from evolving over generations.

This major European bank remains committed to Canary Wharf move despite Brexit vote

The private bank is due to be fully integrated into Societe Generale's business by early 2017.

Van Lanschot launches discretionary management app

The app also features the views of Van Lanschot's investment specialists on current economic developments and the markets.

Van Lanschot H1 net profit falls to 31.5 million euros

These activities' key features, namely client groups, client service and investment policy, are an excellent fit for Van Lanschot. As such, this would be a good example of an add-on acquisition that truly enhances our position.

RBC Wealth Management net income up 36%

Wealth Management net income of $388 million was up $103 million or 36% from a year ago, largely reflecting the inclusion of City National, which contributed $82 million to net income, and the benefits from our efficiency management activities.

True Potential and UBS partner for multi-asset launch

“In addition, they incorporate a range of next generation ‘smart-beta’ funds to achieve smarter, low-cost implementation and strive for better outcomes for clients.”

Schroders announces latest GAIA UCITS offering with Two Sigma Advisers

The strategy, created by Two Sigma Advisers, LP, in collaboration with Schroders, will combine US equity market-neutral and global macro strategies.

Lombard Odier funds added to Novia platforms

Novia Global is a multi-currency wealth management service, which launched to market in October 2015.

Still Open for Families

The International Monetary Fund (IMF) expects the UK economy to grow by 1.3% in 2017

UK family office prunes bid for Sahara Hotels

The family office had put in a $1.3 billion bid for the three hotels last month jointly with unidentified Saudi Arabian and UAE family offices, an offer that Sahara had said was below the market price.

St. James’s Place – Golden glow

The curtain came down on the Rio Olympics, and Team GB basked in the glory of its best-ever medals tally; but events at home were somewhat less inspiring, as markets digested a raft of data and news on interest rates, inflation, retail sales, employment a

Wealth and Asset Management