12/05/2012
The move applies to both trail and platform commissions received from funds’ annual management charges, and head of Saxo Wealth Karsten Henriksen said the change was ‘literally offering clients an extra return on their investments’.
12/04/2012
UBS' new adviser pay rewards cross-selling
UBS Wealth Management Americas released its 2013 compensation plan to its financial advisers on Tuesday, announcing changes that will give them incentives to sell a wider range of products and bring in more revenue.
12/04/2012
Profit before tax £29.9 million (
12/03/2012
For six months the former executive at Bank of America and Citigroup has been meeting with lawmakers on both sides of the aisle
12/03/2012
The corporate landscape in Europe, the middle east and Africa (EMEA) is healthier than people might expect
12/03/2012
UBS is closing four branches in Germany that serve wealthy clients and cutting up to 35 jobs as it seeks to improve profitability.
12/02/2012
Wealth firms scramble to lure foreign clients
Wealth managers are rushing to set up tailored services for increasing numbers of foreign millionaires applying for investor visas to stay in the UK, with wealthy Russians leading the surge.
12/02/2012
Do You “Like” Your Wealth Manager?
Responding to the startling rise of social media, the majority of leading private banks and wealth managers are improving in deploying certain elements of social media and some platforms but, for the most part, lack effective social media strategies.
12/02/2012
Rowan Dartington’s Coxell has said platforms focus too much on collective investments.
12/02/2012
This is the second acquisition by Saltus in 2012 after the group acquired Midlands-based discretionary fund manager Montague Capital in August 2012.
12/02/2012
When David Drucker and Joel Bruckenstein wrote a book about technology innovations for advisers in 2002, many readers were skeptical of their recommendations to use email and create a website.
12/02/2012
Coutts Adds Two To Board
11/29/2012
Japanese bank in talks to buy BofA-Merrill stake in private bank JV
The deal will likely smooth the path for the Tokyo lender
11/29/2012
Rothschild parent sees lower wealth revenues
Rothschild, the independent investment bank, reported a 14 percent drop in first half revenue
11/29/2012
Norway fund pays Swiss private bank $1 billion for office
The transaction marks the fund’s first property investment in Switzerland
11/28/2012
British bank Barclays today said it will ramp up its manpower at the wealth management division here by up to 15 per cent this fiscal, even as gloomy economic conditions make the going difficult for its peers.
11/28/2012
Traditionally, the group has aimed at higher net worth clients
11/28/2012
Royal Bank of Canada today reported record net income of $7.5 billion for the year ended October 31, 2012, up $1.1 billion or 17% from the prior year.
11/27/2012
Chen Zongsheng, deputy secretary general of the Tianjin municipal government, said Rothschild's mainland headquarters will boost the region's innovation capabilities in financial services.
11/27/2012
Half of high net worth investors agree that financial advisers are experts in their field