05/14/2014
New consultancy company targets international wealth management industry
He has returned to the industry with the launch of his own business consultancy company, Landmark Financial Solutions.
05/14/2014
The decision, made last November, resulted in a 35% reduction in its private banker head count
05/13/2014
SEI Wealth Platform Extends Strategic Partnership With Towry
SEI announced today that Towry, the wealth adviser, has extended its contract with the company for an additional seven years, until July 2021.
05/13/2014
Wealthy property investors set to target less obvious city locations, report suggests
Melbourne, Tel Aviv and Chicago could outperform other prime property markets in top world cities in the next few years as global investors seek alternative locations, it is claimed.
05/13/2014
London brokerage sets up wealth management arm
London-based brokerage has launched a new wealth management arm.
05/13/2014
Baillie Gifford 'committed' to remaining in Scotland after referendum
Baillie Gifford says it is “committed” to staying in Scotland irrespective of the outcome of the referendum on independence this September.
05/13/2014
Société Générale Pledges to Revive Growth, Helped by Russia
French bank Société Générale SA pledged Tuesday to lift profit over the next three years, saying Russia will be among the main growth drivers.
05/13/2014
It currently provides mortgages on variable rate interest terms
05/12/2014
Barclays Wealth arm folded into retail unit
Barclays Wealth & Investment Management will cease to exist as a standalone business as part of a strategic overhaul aimed at improving profitability.
05/12/2014
Bank of Montreal could scrap historic F&C brand
Canada’s Bank of Montreal could scrap the historic F&C brand, potentially bringing the 146-year history of one of the oldest names in London’s fund market to an end.
05/12/2014
Julius Baer gaining new foothold in the Netherlands
Julius Baer has acquired a well-established business in the Netherlands. Merrill Lynch has run wealth management activities in this market for more than 50 years shifting its focus to private banking and servicing high net worth individuals in the early
05/12/2014
Bellpenny adds £75m in assets with latest acquisition
The deal sees 1,000 clients transfer to Bellpenny’s national advice business along with its advisers.
05/12/2014
Hargreaves Lansdown founders Peter Hargreaves and Stephen Lansdown have risen up the Sunday Times Rich List, which boasts a record 104 UK-based billionaires.
05/09/2014
The UK arm of Momentum has acquired Your Wealth and the Money Hub app technology subject to regulatory approval.
05/09/2014
Several of the adviser-led platforms now have quite brilliant reporting functionality. Asset allocation, cashflows, tax reporting, market commentary
05/09/2014
IFA eyes up significant growth
The group currently has over £250 million of assets under management
05/09/2014
The group attributed growth to an increase in management fees
05/09/2014
Wealth firm plunges 32% as founder exits on funding worries
Nitin Parekh has resigned as chief executive of Hume Capital , the investment firm he founded in 2007, with immediate effect.
05/09/2014
Plans to offer consulting to the wealth management industry internationally but will focus initially on both the UK and Europe.
05/08/2014
J O Hambro Capital Management Selects Advisers Investment Trust
Asset manager J O Hambro Capital Management Limited based in London, has selected the Advisers Investment Trust for their U.S. mutual fund products.