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Jersey’s ‘competitive edge’ highlighted in winning ‘Best International Financial Centre’ Award

Jersey has won this year recognising its strengths as a finance centre

Why hasn't the wealth industry adopted a total cost methodology?

As a recent study by consultancy Lang Cat highlights wide disparities in pricing between discretionary managers, executives say an industry standard to calculate the total costs for clients is needed more than ever.

Creechurch Capital scoops Best in Class for Boutique Wealth Management Services

Taking home the same title at the awards in 2013, Creechurch Capital was not to be knocked off the top spot this year and impressed the judges with its absolute commitment to service and vision to deliver a personalised, agile model to meet the needs of i

Parmenion launch Interact: UK’s first Simplified Advice system for Advisers

Interact is being trialled through a select group of Advisory firms with a view to full launch in the Autumn.

Wealth management firm launches DFM service

Advisers who wish to use the service will be given a full risk-profiling pack which they will need to complete with clients before being able to match them to a Montage portfolio.

UK wealth management arm of SG Private Banking grows new adviser team

The team has already started giving advice but is expected to be running at full speed by the end of the year.

Nedbank Private Wealth wins award for second year running

Nedbank Private Wealth has again received recognition for its innovative Focus service in the Professional Adviser International Fund and Product Awards with the award for Best in Class for Integrated Banking Service for the second year running. In addit

Opus Private launches private client advisory business

Created in conjunction with London law firm, Mishcon de Reya, Mayfair Private will aim to meet the complex and specific needs of wealthy individuals, families and their private offices worldwide.

Coutts & Co boss welcomes DoJ deadline extension in U.S. tax case

They have fortunately extended some of the deadlines

Bestinvest’s Hall targets £6 million in cost synergies from Tilney deal

Hall noted the average client size for both Tilney and Bestinvest is currently more than £1 million, and said the large-scale hiring of financial planners ‘will be targeted at that client segment’.

Novia release record results

A huge part of our success story to date has been our readiness to adapt to industry regulatory changes

IFA to bolster buyout war chest with Aim listing

Dealings on Aim will start on 30 June 2014, Worcestershire-based AFH Financial says.

Julius Baer builds out Dutch private banking team

The Swiss private banking group has now announced the appointment of three new relationship managers.

UK boutique launches Lux version of flagship value fund

Investment boutique Kennox Asset Management has launched a Luxembourg-domiciled version of its £304 million flagship equity fund.

Brooks Macdonald to make 'substantial' DFM fee cut

Brooks Macdonald is planning a ‘substantial’ fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.

Major investment management firm to relocate to Bournemouth marking “new era”

ONE of the largest independently-owned private client wealth managers in the UK is relocating to Bournemouth.

Aegon paid Novia £7m for platform development arm

Assets on the platform rose 64 per cent from £1.4bn to £2.3bn

These chickens don’t need to hedge their bets

Upper-class, über-rich Brits pay a price. In exchange for being blessed with wealth and social standing, they’re expected to be at least slightly amusing to the general public, offering some combination of doofus, daffy, and scandalous.

Is Coutts’ suitability warning the tip of the iceberg?

‘I think the regulator has spent a number of years warning, advising and throwing “last chance saloon” opportunities at investment companies,’ he said.

St James’s Place completes Henley Group acquisition

The Henley Group, the chief executive of which sits on the International Adviser intermediary panel, has more than 50 advisers, offices in Hong Kong, Singapore and Shanghai and around £400m in assets under advice.

Wealth and Asset Management