07/19/2023
Raymond James UK profits boosted 50% despite £1bn asset squeeze
A swathe of client inflows allowed the UK division of Raymond James to increase its profits, despite volatile markets in 2022.
Wealth and Asset Management
07/19/2023
Hargreaves Lansdown posts 6% increase in net new business for Q2 2023
AUA up 2%
07/19/2023
Global Survey Shows Wealth Management Ecosystem at Inflection Point
This heightened focus on client experience and more specifically the digital client experience stems from evolving client expectations and the threat of digital disruptors.
07/18/2023
Coutts to allow customers to proceed with mortgage without ‘full banking relationship’
Coutts said there was no need to fund monthly mortgage payments via this account and customers would need to undergo full onboarding checks.
07/18/2023
Close Brothers could spark new wealth bid frenzy
The group is exploring a potential sale of its wealth business, Close Brothers Asset Management, according to a recent report by Bloomberg.
07/18/2023
Family Office Services
UBP Family Office Services provides objective guidance, as well as tailored services, innovative solutions and ongoing, reliable support.
07/18/2023
Arbuthnot shares soar after profits leap from £3.4m to £26.4m – but it warns of risks ahead
Arbuthnot’s net interest income doubled compared to last year.
07/18/2023
Arbuthnot Banking Group Unaudited results for the six months to 30 June 2023
Arbuthnot Banking Group PLC is the holding company for Arbuthnot Latham & Co., Limited.
07/18/2023
Kingswood-owned DFM IBOSS surpasses £2bn in assets under influence
The asset manager benefits from a ‘larger team’
07/18/2023
Shareholder group publishes counter offer for GAM
The tender offer is around 30% higher than Liontrust’s but covers only 17.5% of all GAM shares.
07/18/2023
Chase Buchanan Wealth Management Announces Latest Expansion with a New France Office and Team of Experts
Global expat wealth management specialists, Chase Buchanan, are delighted to announce the opening of their latest office and expert team in Bordeaux, France
07/18/2023
Goldman Sachs Asset Management issues its first Private Markets ELTIF
Goldman Sachs Asset Management has raised more than $200m for Private Markets ELTIF 2023, the company's first European Long Term Investment Fund.
07/18/2023
Quilter introduces new features to support vulnerable customers
Quilter has also launched a new customer facing ‘additional needs’ online support to help customers explore the support on offer for people with additional needs.
07/17/2023
GAM Holding AG provides an update on the Group's expected first half 2023 results
This compares to the IFRS net loss after tax of CHF 275.2 million for the first half of 2022.
07/17/2023
FusionIQ integrates with wealth management platform Blueleaf
Client updates and reports, performance reporting, account aggregation, billing and invoicing as well as portfolio monitoring services are available on the Blueleaf platform.
07/17/2023
GAM chairman follows Liontrust lead in shareholder tender plea
Swiss group echoes sentiment expressed by UK group’s chief executive last week.
07/17/2023
BlackRock eyes $7trn fixed income windfall on peaking rates
Money market assets will ‘flood fixed income market’
07/17/2023
HNW news: Agatha Christie’s retreat set to make a killing and is bigger always better in wealth management?
Hedgehog: News from the Côte d’Azur, the Devon coast, the high seas and London’s financial universe
07/17/2023
Ernst & Young scores mega audit deal with UBS bank
EY is taking over from PricewaterhouseCoopers (PwC), following UBS’s recent acquisition of Credit Suisse.
07/14/2023
Partners Group reports continued H1 AuM growth and reconfirms full-year fundraising guidance
During the same period, the firm committed USD 5.0 billion to transformational investing across private markets asset classes globally and generated USD 5.4 billion in portfolio realizations.