07/30/2015
SJP halts referrals to Quilter Cheviot ahead of deal
St James’ Place will no longer refer on discretionary mandates to Quilter Cheviot as a result of its buy of Rowan Dartington.
Wealth and Asset Management
07/30/2015
Malta Individual Investor Programme ranked as best citizenship-by-investment program
The Malta Individual Investor Programme has been ranked as the best citizenship-by-investment program in the world by the Henley & Partners Global Citizenship Program Index.
07/29/2015
St James's Place to buy regional wealth manager
The purchase, subject to regulatory approval, will add around £1 billion in assets under management to the company’s current total of £55.5 billion at the end of June.
07/29/2015
Malta needs clean reputation
Money laundering, tax evasion and financing of terrorism are risks that businesses that set up in Malta may be taking knowingly or unknowingly.
07/29/2015
St James's Place blames levy increase for first half profit drop
Total funds under management at June 2015 were up 6.7%
07/28/2015
Alexander Hoare's Summer Letter
Managing Partner Alexander Hoare publishes his Summer Letter to customers in which he discusses notable topics from the past few months and looks ahead.
07/28/2015
M&G lends Rathbones £20m to fund ‘medium-sized’ acquisition
The deal follows Rathbones purchase of Jupiter's wealth arm and part of Deutsche Bank's private client business last year.
07/28/2015
UBP says integration of Coutts International on schedule
Not including assets from Coutts, UBP posted assets under management of 93.1 billion francs at the end of June.
07/27/2015
VP Bank promotes Liechtenstein’s future as a finance hub
While many countries in Europe still contend with mounting debt and low investor confidence, Liechtenstein offers a sophisticated banking system and an unrivalled investment fund centre that is successfully encouraging long-term investments
07/27/2015
Billionaire Metro Bank founder reveals his finances
Like Commerce, the focus is on delivering customer service par excellence.Hill flies into the country once a month aboard his private jet
07/27/2015
PORTUS II - Life in the Trenches
I suppose it has some similarities to a programme like 'Big Brother'.
07/27/2015
AFH Financial buys two IFAs for £1.1m
IFA consolidator AFH Financial has bought Quest Financial Management and Phoenix Independent Financial Services for a combined £1.1m.
07/27/2015
BHF Kleinwort Benson to review €675m Fosun takeover offer
The move is the most aggressive so far in a push by Fosun to acquire assets across Europe’s financial services industry.
07/27/2015
Bellpenny adds £157m of funds in 30th acquisition
National wealth manager Bellpenny has acquired the client bases and associated £157m of funds under management of Bob Bradley and Nick Bird, the two shareholders and financial planners at Croydon-based Trustee Asset Management.
07/27/2015
The UK is a playground for super-rich foreigners, attracting more millionaires than any other country in the world
The UK is attracting more of the world's super-rich than any other country in the world, with more than 100,000 of the world's wealthiest moving to its shores over the last decade.
07/26/2015
Technology, music and wealth management by Penny Lovell
It is clearly evident that I need to embrace modern techniques, and hearing me comment on this, the young digital team here at Close saw a chance to open our team up to new debates about digital and technology.
07/24/2015
Robo-advisors set to disrupt UK wealth management industry
US-based online wealth managers, so called “robo-advisors”, have attracted investors’ attention, and their assets, in recent years.
07/24/2015
Close Brothers says full-year outlook remains unchanged
Close Brothers Group today issues its scheduled pre-close trading update ahead of its 2015 financial year end.
07/24/2015
Social media: too important for wealth managers to ignore?
So, what must wealth managers do?
07/24/2015
Brooks Macdonald Assets Under Management Up And Trading In Line
Wealth manager Brooks Macdonald Group PLC on Friday said trading in the financial year to the end of June was in line with its expectations, despite some "unhelpful" market disruptions in the fourth quarter.