01/27/2013
7IM delays adviser loans move
Seven Investment Management says it still plans to offer advisers a lending facility despite delays to the service’s launch.
Wealth and Asset Management
01/27/2013
FSA gives controversial Tory donor permission to launch private bank
On its website it says: ‘The Bank is managed with the financial conservatism that has been the hallmark of the family.
01/24/2013
Global Wealth Managers Will Be 'Winners' in 2013 - Analyst
Wealth management is the most attractive and undervalued business for the banking universe in 2013
01/24/2013
SUN LIFE, RBC named to Global 100 in Davos
Sun Life Financial ranked 85, while Royal Bank of Canada came in 87
01/24/2013
Charles Stanley fee income jumps 13% as AuM break record
Total client funds under management rose by 4.6% in the three months to the end of December
01/24/2013
Brooks Macdonald discretionary assets jump 23%
Brooks Macdonald Group plc today announces a trading update for its half year ended 31 December 2012 together with an update on its funds under management.
01/23/2013
Lloyds' wealth arm caught in fresh jobs cull
The cuts come after some 360 job losses were announced earlier this week.
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