12/24/2015
AND THE WINNER WAS... (and Hitler’s Ball) by Justin Urquhart Stewart
This article represents a personal and light-hearted view from 7IM, and is based on current financial news and events around the world.
Wealth and Asset Management
12/24/2015
Safra, Coutts Boost Swiss Bank Program Fines Near $1 Billion
The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.
12/24/2015
Top financial reads for the Christmas holidays by Penny Lovell
“A room without books is like a body without a soul.” - Marcus Tullius Cicero
12/24/2015
Boxing clever: Nedgroup's multi-management chief on long-term plans
Garvin, who oversees $2.5 billion (€2.34 billion) in assets, has his own long-term credentials – the Cape Town-based fund selector has been in the multi-management business for 19 years and has had a global remit for a decade.
12/23/2015
Top UK trust in last 25 years changes manager and cuts fees
The appointment of ICG as manager is an exciting new development for Graphite Enterprise which builds on our highly successful relationship with them for more than 25 years.
12/23/2015
What asset managers can learn from digital disrupters
There is growing discontent with current incumbents, and this remains a key factor in why investors are eschewing traditional investment management routes.
12/23/2015
Schroders and M&G will not exit Investment Association
Extended membership for six months
12/22/2015
'Unhelpful' advice labels should be reviewed - OMW
Old Mutual calls for the UK government to find ways to decrease the wealth management industry’s regulatory burden, in response to the Financial Advice Market Review.
12/21/2015
Wiener Privatbank SE signs contracts of sale to acquire the banking operations of Valartis Bank (Austria) AG
The issuer is solely responsible for the content of this announcement.
12/21/2015
Wealth manager plans European acquisitions
Declined to provide details of potential acquisition targets.
12/21/2015
High net worth investors shift focus towards alternatives - Stonehage Fleming
The firm conducted interviews with 78 families and advisers, representing wealth of £120bn, outlining challenges in the transfer of wealth across generations.
12/21/2015
What Does A Friendly Relationship Between Trump And Putin Mean For Rich Russians?
We just position quite well for those of high net worth to continue putting money into the United States,” Ed Mermelstein, a real estate attorney, consultant and developer in New York, said.
12/21/2015
Dealmakers are Banking on Asset Management
Dealmaking in the asset management space is underscored by Loeb president Jamie Kempner's recent strategic alliance
12/21/2015
Brewin's wealth head Ford focusing on growth
As Brewin Dolphin has become one of the biggest names in the UK wealth sector, Ford’s career has progressed in parallel.
12/20/2015
How 2015 made me wiser… by Penny Lovell
In the investment world every day is different. Yes, some aspects may seem repetitive but every day, every year, we learn new things. It’s like cooking: the raw materials and the recipes might look the same, but each restaurant is different from the
12/20/2015
The hike before Christmas by Tim Price
“Christmas at my house is always at least six or seven times more pleasant than anywhere else. We start drinking early. And while everyone else is seeing only one Santa Claus, we'll be seeing six or seven.' - W.C. Fields.
12/20/2015
A brief glimpse for Williams and Glyn's? by Justin Urquhart Stewart
Although it can date part of its roots back to 1771, with the founding of the private bank, Williams Deacon & Co, the bank remained independent before being taken over by Royal Bank of Scotland
12/20/2015
HSBC appoints Rothschild for restructuring of private banking arm
The move to reduce the private bank comes after Stuart Gulliver, chief executive of HSBC, unveiled plans in the summer to help simplify the global group and focus on core markets, including Asia.
12/18/2015
Wealth Manager of the Year 2015 - Gemini Wealth Management
Gemini Wealth Management have announced that as well as being shortlisted for the Professional Adviser - Adviser of the Year (Midlands) 2016 they have also been awarded Wealth Manager of the Year UK at the 2015 Finance Awards from Wealth & Finance Int
12/18/2015
Liverpool-based investment adviser seeks to shake up Liverpool's private wealth market
Investment adviser launches web-based service aimed at the younger end of the market