- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Close Brothers taps Sanlam and Rathbones for five senior hires

Opens new Chichester office

Young Fundpicker: How can wealth managers stay relevant?

New generation of investors

Credit Suisse to call for redemption of CHF 1.5bn capital instrument

The firm plans to issue up to CHF 2bn in high-trigger Tier 1 capital instruments this year.

Tatton sees 26% revenue rise as it reaps acquisition benefits

The group is aiming to hit £15bn in AUM by 2024, and has so far exceeded its organic growth target of £1bn per year, delivering £1.7bn in the first 12 months.

WealthSelect adds to Fixed Income across the range as economic uncertainty persists

The Responsible Active and Blend portfolios also see the introduction of a new holding

Credit Suisse banker to depart after unapproved messaging – report

Anthony Kontoleon was removed from his post as global head of its equity capital markets syndicate in April, and is due to leave imminently after 28 years at Credit Suisse.

Wealth management trends and the ‘new normal’

It was usually managed by lifelong financial advisors who handled the portfolios and kept the investments ticking over from a discreet distance.

AssetCo to net £45m in cash after RMG acquisition

The Financial Conduct Authority approved the change of control of RMG to AssetCo last month.

Kingswood completes acquisition of advisory firm Vincent & Co

Following the acquisition, Kingswood said now has about GBP7.0 billion under advice or management, compared to GBP7.2 billion on February 21.

Apex Group announces acquisition of ZASMalta

ZAS’ clients will now benefit from access to Apex’s single-source solution, including services such as Global Compliance Solutions, ESG Rating, Reporting & Advisory and Digital Banking.

Hawksmoor to merge with wealth manager

The combined businesses will have eight offices

Nutmeg records £19.3m loss post-JP Morgan takeover

JP Morgan-backed Nutmeg’s total losses since inception have hit £115m after the digital wealth manager posted another deficit last year.

J. Safra Sarasin appoints Sales Director

He joins from NN Investment Partners, where he spent 3 years promoting and marketing their sustainable offering in the UK.

Tilney Smith & Williamson today rebrands to Evelyn Partners

The new name reflects that the business is now one firm with a single purpose, which enables it to offer a broader, integrated offering to all clients.

North America retains top spot for High-Net-Worth population and wealth: World Wealth Report 2022

Europe moves past Asia Pacific to second place in growth rate, fueled by a recovering economy in Europe and slowing growth in Asia Pacific; 70% of HNWIs globally have invested in digital assets and currencies

Barclays Wealth hires from Santander, Brewin and Brown Shipley

Barclays Wealth Management & Investments has hired four wealth managers to bolster its presence in the East region, including a local manager.

Stonehage Fleming celebrates women in leadership with launch of “SF XV”

Stonehage Fleming’s mission is to be the trusted adviser to successful families and wealth creators.

Lumin Wealth snaps up South-East based adviser

Lumin Wealth said the purchase builds on its strategy of partnering with “like-minded advisers who share the same high standards” and commitment to client-centric solutions.

St. James’s Place announced as Law Society of England and Wales strategic partner

SJP will provide specialist financial advice for members to help them feel financially confident and in control

Wealth industry missing out on $230bn opportunity in lower HNW and affluent segments

Morgan Stanley and Oliver Wyman report

Wealth and Asset Management