12/18/2019
Netwealth losses rise 24% as it ploughs cash into hire spree
Pre-tax losses at Netwealth increased to £5 million to the end of March 2019, up 24% from just over £4 million last year.
Wealth and Asset Management
12/18/2019
The Wealth Management Firm of 2025 will boost front office productivity
The majority of the day will be spent on building relationships, which should help with raising referral rates.
12/17/2019
Asset Manager buys London
The company posted an operating profit of £7.6m for the year to the end of September 2018.
12/17/2019
The future of living in 2030
Some technologies which are used in very specialised circumstances today could be seen much more widely in ten years.
12/17/2019
Wealth Management: Market Perspective – Keeping an open mind | Modern monetary theory | US elections and portfolios – Foreword
Monetary policy remains remarkably generous, which is one of the things boosting both bonds and stocks.
12/17/2019
Fairstone swallows North East IFA firm Chilli
Expanding Chartered Financial Planner firm Fairstone has acquired nearby North East wealth manager Chilli Financial.
12/16/2019
Julius Baer to Wield Axe
The exercise represents CEO Philipp Rickenbacher’s first major imprint on Julius Baer’s strategy since taking the helm three months ago.
12/16/2019
SJP defends charging structure to clients
St James's Place has defended its charging structure after a year at the receiving-end of media and industry scrutiny.
12/16/2019
Santander launches premium-priced MPS for private banking clients
Santander UK has launched a model portfolio service (MPS) for private banking clients with fees ranging from 1.5% - 1.95%
12/14/2019
Quilter rejects vast majority of adviser deals
The acquisitions director said before entering into the sales process businesses owners should be clear on what they need to achieve from a transaction and "clearly articulate" it to the buyer.
12/13/2019
Why wealth managers leave big firms
While the industry is consolidating, more than 18 senior fund and wealth managers left big firms to go it alone in 2019.
12/13/2019
Gloucestershire wealth management specialists purchases Scottish financial advice firm
There will be no changes to business operations at PSL as a result of the acquisition and this closer alignment of the businesses gives even greater clarity for clients on their overall financial affairs
12/12/2019
Wealth-X Expands Global Dataset Across Europe
Global Leader in Wealth Intelligence Adds 130,000 Additional European Records
12/12/2019
UK-wide wealth manager takes over financial advice firm
Policy Services Ltd to trade as normal under St James's Place ownership
12/12/2019
Brewin builds family law team with qualification launch
Brewin Dolphin has launched a family law qualification for its advisers. The wealth firm has already put 70 staff through the course.
12/12/2019
Structuring family office investments using Jersey private funds
A family office will typically include teams responsible for the management of investments, property, and other assets, as well as the management of the family's legal and tax affairs.
12/12/2019
Key trends expected in the wealth management and private banking space in 2020 - RBC
Another trend concerns the fact that life expectancy continues to increase, and families will find three and, in some instances, even four generations of family members alive at the same time
12/12/2019
St James’s Place plans HK growth
The UK wealth manager aims to expand its share of the territory’s mass-affluent market to 15% in the next five years, according to its Hong Kong head.
12/11/2019
Oak CEO included in 2020 eprivateclient 50 Most Influential list
Chief executive officer of Oak, Stuart Platt-Ransom has been named in the 2020 eprivateclient 50 Most Influential list.
12/11/2019
SJP acquires advice partner
There will be no changes to business operations at PSL as a result of the acquisition and this closer alignment of the businesses gives even greater clarity for clients on their overall financial affairs.