06/13/2013
7IM drops re-reg charges
Seven Investment Management has scrapped its £25 fee to re-register funds off the platform.
Wealth and Asset Management
06/13/2013
Walker Crips revenue stable, AuM rises 43%
Discretionary and advisory assets under management increased by 64% (on a like for like basis, excluding WCAM).
06/13/2013
RLAM wins Investors Chronicle FT Best Wealth Manager for Charities award
The ceremony was attended by representatives from RLAM, including Alan Bunce, Head of Institutional Business Development.
06/12/2013
Princely Liechtenstein bank keen for clarity on tax
Prince Max says customers are attracted by LGT's "Princely Portfolio" that allows them to mirror the strategy used for the royal family fortune, estimated to be as much as 8 billion francs.
06/12/2013
Wealth Manager: Signature - 'we have missed out on some low-hanging fruit'
‘We have missed out on a lot of what you could call the low-hanging fruit,’ says Andrew Morris, head of business development at IFA asset manager Signature and co-founder of parent company Rowan Dartington, reflecting on the recent discretiona
06/12/2013
RHJI Wins Support from Largest Shareholder Against Breakup
The possibility of a breakup at RHJ International SA (RHJI.BT) receded Wednesday after its biggest shareholder said it is sticking by the company in its effort buy German private bank BHF-Bank.
06/12/2013
Hargreaves Lansdown: ‘Nobody can buy their way on to the Wealth 150’
Fund supermarket Hargreaves Lansdown has defended the independence of its research
06/12/2013
Offshore venture flops
But global funds of hedge funds have lost popularity, as most have failed to deliver real returns.
06/11/2013
Financial News: FTSE Opens Dubai Office as Base for Africa Push
The company said it is quicker to access Africa from Dubai than by travelling internally.
06/11/2013
Deutsche Bank’s Jain Courts Super-Rich in Wealth Management Race
Deutsche Bank AG co-Chief Executive Officer Anshu Jain said he and his top bankers are meeting with super-rich clients as Germany’s biggest bank fights to close the gap on the wealth units of UBS AG and Credit Suisse Group AG.
06/11/2013
Perspective suspends adviser over rival firm launch
Son of Applewood Wealth Management MD Karl Hartey launched directly-authorised firm in May
06/11/2013
Societe Generale Private Banking announces the winners of the 2013 “Campden European Families in Business Awards”
These Awards give recognition to the top family businesses and leaders in Europe and highlight the essential role family businesses play in contributing to employment and economic growth in the region.
06/11/2013
Perspective suspends adviser over rival firm launch
Karl Hartey launched directly-authorised firm
06/11/2013
Ex-HBOS chief James Crosby stripped of knighthood
The report described him as the "architect" of the strategy that led to HBOS' downfall.
06/11/2013
RBC Seeks Wealth-Management Deals Up to $5 Billion, CFO Says
The bank, Canada's largest, has been actively growing its wealth management business over the last few years
06/10/2013
Sal. Oppenheim expects profit by 2015
Deutsche Bank's wealth management arm Sal. Oppenheim expects cost cuts
06/10/2013
Old Mutual Wealth's Feeney in line for £400k bonus
The Plan will reward success in achieving these objectives by linking awards to the growth in value of the OMWM business through quality and sustainable earnings.
06/10/2013
National IFA opens Cambridge office
It plans to add a further five advisers over the next 12 months.
06/10/2013
Charles Stanley Profit and FUM increase
Profit before tax was £9.1 million (2011-12: £8.5 million), an increase of 7.0%.
06/10/2013
Deutsche Bank not eyeing takeovers in wealth management
Deutsche Bank co-chief executive Anshu Jain said the German flagship lender is not pursuing takeovers in asset and wealth management, a business the bank is seeking to grow rapidly.