08/27/2013
Mattioli Woods assets soar following acquisition spree
Overall the firm’s profits before tax increased by 10% to £5.5 million
Wealth and Asset Management
08/27/2013
Towry's Gaius Jones Joins Ashcourt Rowan as Financial Planning Chief
Towry’s Gauis Jones has joined Ashcourt Rowan as Chief Executive of the firm’s Financial Planning Business.
08/27/2013
Shake-up looms in Singapore banking, wealth managers warn
Swiss banks UBS and rival Credit Suisse are under pressure to derive more of group profits from wealth management and Singapore is the largest hub for the business outside Switzerland in both cases.
08/27/2013
Coutts hires HR head from Moscow-based firm
She joins Coutts from The Renaissance Group
08/27/2013
Charles Stanley tops advised assets under management
The research, which covered 32 DFMs that offer outsourced services to financial advisers, found that more than £24bn is managed on this basis, with the average amount managed per client at £249,477
08/26/2013
How wealth managers are pitching their restricted status to the public
The new rules, which were introduced in January are full of intricacies, as firms seeking to describe themselves as independent have to advise on the full scope of retail investment products, which includes life assurance policies and pensions.
08/26/2013
McQuaker: Managers To Back When The Red Turns Off the QE Tap
Henderson's Head of Multi-Asset Bill McQuaker is backing value managers to outperform in what he describes as a more 'granular market'
08/25/2013
Smith & Williamson to Advise Members on new social network for high net worth investors
The platform will facilitate direct investments across a range of assets, including private equity, pooled investments, real estate, private equity, commodities, art and antiques.
08/25/2013
Boutique bank Lesmoir-Gordon, Boyle & Co is riding high
But Lesmoir-Gordon, Boyle & Co, a boutique bank set up by Schroders’ veterans Richard Lesmoir-Gordon, Andrew Boyle and Nick Smith, is aiming to change that.
08/22/2013
ABN AMRO Q2 slips, warns of higher loan impairments in 2013
Dutch state-owned bank ABN AMRO reported second-quarter net profit of 402 million euros ($536.5 million)
08/22/2013
Quilter Cheviot teams come together in Liverpool
They form part of the Quilter Cheviot North West operation, which also includes Manchester and North Wales, with total funds under management of more than £1.2bn.
08/21/2013
Bellpenny acquires IFA firm
This latest deal means that Bellpenny has now established a presence in Scotland, England and Wales since its launch last year.
08/19/2013
Wealth management firm Tier One Capital is breaking the mould
The team have experience of working for a small selection of the most prestigious names in the wealth management industry
08/18/2013
Boutique wealth manager launches first retail fund
A boutique wealth manager offering a bespoke private client service is to launch its first retail fund as it seeks to diversify its business.
08/18/2013
Brown Advisory to support U.S. Expats Brown Advisory to support U.S. Expats
Currently around 126,000 U.S. nationals reside in the U.K.
08/18/2013
Helm Godfrey profits hit by RDR costs
Helm Godfrey blamed the cost of the retail distribution review (RDR) and the acquisition of the employee benefits arm of Truestone Asset Management in 2011 for the dip in profits.
08/15/2013
James Brearley hangs in the black after 36% profit fall
The wealth manager has increased its assets under management to more than £900 million across all divisions.
08/14/2013
JPMAM appoints new manager to Sterling Corporate Bond fund
The move comes after the fund was recently placed under review.
08/14/2013
Barings renames retail team to reflect target clients
Baring Asset Management has renamed its UK retail team to avoid confusion with direct-to-consumer sales.
08/12/2013
Van Lanschot net profit rises
Solid capital base strengthened substantially: Core Tier I ratio up from 11.0% to 12.5%