01/23/2013
Lloyds' wealth arm caught in fresh jobs cull
The cuts come after some 360 job losses were announced earlier this week.
Wealth and Asset Management
01/23/2013
St James's Place rides crisis with robust 2012 sales
Funds under management of £34.8 billion (2011: £28.5 billion) up 22% over the year
01/22/2013
Close Brothers AM set to move into the black
Claims it is on track to return to profitability in the coming year.
01/21/2013
Quilter-Cheviot £12bn merger given green light
Fund manager merger to be completed after regulator agrees deal.
01/21/2013
Ongoing adviser fees averaging at 0.6%: FundsNetwork
Platform sees 10,000 clients set up on fee service since its launch in October.
01/21/2013
How do you impress someone who can afford almost anything?
Private banking's new play: schmoozing with a dynasty
01/20/2013
SNS Reaal in talks to sell private banking
Dutch banking and insurance group SNS Reaal is in talks to sell a private banking business to rival Bank ten Cate, as it battles to avoid a second state bailout following huge losses on property loans.
01/17/2013
Old Mutual Wealth chief sets out distribution plans
Chief executive describes “strategic partnerships”.
01/17/2013
Raymond James’ Pay Grid Gets Long-Awaited Facelift
"This is the first significant change to our grid during my almost 20 year tenure at Raymond James."
01/16/2013
Aberdeen Asset Management raises AuM and new business
Assets under management of £193.4 billion at 31 December 2012 were 3% higher than at 30 September 2012.
01/16/2013
Former hedge fund star launches family office
He is one of a number of star hedge fund managers who has moved away from managing assets for pension funds or wealth managers and rich individuals and switched to running his own wealth.
01/15/2013
Billions in bankers' bonuses could be delayed until April when top rate of tax is cut
City firms planning to defer bonus payments until after top 50p tax rate drops to 45p
01/15/2013
Beaches, bling and banking - what makes millionaires the most active surfers?
The more wealth a client has, the more time they spend communicating–and that includes communications with their financial advisors.
01/15/2013
Arbuthnot Banking in line with market expectations
Arbuthnot Latham took advantage of the prevailing market conditions by hiring a number of executives in the fourth quarter, who will help the business to focus on growing its wealth management franchise for customers based both here in the UK and internat
01/15/2013
Morgan Stanley Just Instituted The Most Brutal Bonus Plan Wall Street Has Seen In Years
Morgan Stanley is deferring 100 percent of bonuses for top earners
01/14/2013
BNP Paribas Wealth Management reinforces its investment strategy
BNP Paribas Wealth Management is strengthening its investment strategy resources in order to meet the growing demand from its Private Banking clientele for market intelligence.
01/14/2013
Old Mutual confirms 200 jobs lost in Skandia overhaul
Company says roughly 200 jobs have been cut following 90-day consultation period.
01/14/2013
Liontrust retail assets hit £2bn as inflows soar
Net inflows of £64 million in the Interim Period, over four times the equivalent period last year
01/13/2013
Sanlam looks to treble assets through regional expansion
The group is eyeing up the Midlands, Ireland and Scotland...
01/13/2013
The View from Goldman Sachs’ Private Wealth Unit
The bank’s ultra high net worth clients, Mossavar-Rahmani said, are “the only constituent that can afford to have a very long horizon.