08/15/2016
IFA signs partnership deal with Brooks Macdonald
Parento clients given access to DFM
Wealth and Asset Management
08/15/2016
Brooks Macdonald teams up with financial planners
Currently Brook Macdonald has a 93 strong investment team, which will be available to Pareto.
08/15/2016
Lord Rothschild warns of unchartered waters amidst ‘greatest monetary experiment’
This represents a net asset growth of £87.9m year-on-year, and £567m growth in the last three years alone for the trust which deals in quoted securities and special situations.
08/15/2016
Margetts Wealth targets £1m breakthrough after relocation
Using more than 75 years’ combined experience, the firm works with individuals and business owners to identify where they need support and expert advice on investments
08/12/2016
SJP’s charging structures must be more transparent
There seems to be alchemy going on here, as well as the misleading concept to their customers that they are as good as independent and use expressions like partners rather than sales reps.
08/12/2016
Brexit pain will last for years, says Hong Kong's richest man Li Ka-shing
The UK accounted for 39 per cent of CK Hutchison’s earnings before interest and taxes and 21 percent of revenue during the first half of the year.
08/12/2016
Tiny German bank breaks taboo by charging rich clients for deposits
Several German banks have passed on the ECB's negative deposit rate to large commercial customers such as companies and institutional investors
08/12/2016
Demand for income security sees MetLife’s AUM hit £5bn
Growth has been accelerated by MetLife’s expansion into Isas
08/12/2016
Beagles doubles Brewin Dolphin stake on bid belief
Clive Beagles and James Lowen believe wealth manager could be a bid target after 'Brexit' vote
08/12/2016
WM Profile: SJP’s Ralph on acquisitions, opportunities and vertical challenges
We are vertically integrated in that we manufacture and distribute.
08/11/2016
Old Mutual profit up on lower tax expenses
As part of its separation, the investment firm on Tuesday announced the sale of its Italian wealth arm to private equity-backed Ergo Italia for €278m.
08/11/2016
Lloyds boss Antonio Horta-Osorio probed by his own bank
He visited the city for a banking conference, but pictures published in the Sun yesterday showed the married father-of-three also taking a boat trip with Dr Piatt, 45.
08/11/2016
Brexit Uncertainty Has Wealthy Asians Looking West
Increased uncertainty and volatility has accelerated the trend
08/11/2016
Old Mutual to cut jobs in London as part of restructure
The head office in London is being restructured to support a holding company focusing mainly on two functions.
08/10/2016
Record breakers - St. James's Place
Governor Mark Carney indicated that the BoE had chosen to prioritise supporting growth over taming inflation.
08/10/2016
Deutsche Asset Management invests €490m in Spanish retail property
The company said, that since opening in 2001, the asset had maintained a solid performance and continuously increased sales and visitor figures.
08/10/2016
Chester Financial Planner Acquires Yorkshire Counterpart
Beaumont Robinson managing director Michael Wall will take on the role of regional director for OMWPCA.
08/10/2016
Rothschild & Co's revenue rises on increase in M&A business
The company said market volatility had adversely affected client activity in its private wealth and asset management business, resulting in a 5 percent drop in revenue to 89.4 million euros.
08/10/2016
Son to inherit £8.3bn family fortune after death of Duke of Westminster
The 64-year-old father of four was said to be worth around 10.8 billion dollars (£8.3 billion), according to Forbes, making him the 68th richest person in the world, and third in the UK.
08/10/2016
The surge in wealth mergers
This analysis looking at the increasing trend towards M&A activity should also be balanced by a consideration of the other issues that are driving wealth management firms towards growth and consolidation.