09/10/2013
Brooks Macdonald profits up 22%
Organic growth of over 15% (stripping out market growth and acquisitions)
Wealth and Asset Management
09/10/2013
Sussex advisers launch Juno Wealth Management brand
Sussex-based husband and wife Tracey and Derek Evans have left national IFA Ashley Law and rebranded their firm as Juno Wealth Management.
09/10/2013
SJP switches management across three funds
St James’s Place has made a number of management changes across three of its funds as First State head of global emerging markets Jonthan Asante moves onto its Worldwide Opportunities and Worldwide Managed portfolios.
09/09/2013
World's Ultra Wealthy Population Reaches All-Time Record
Growth in North America and Europe, Asia Rebounds while Latin America Slips In Inaugural Wealth-X and UBS World Ultra Wealth Report
09/08/2013
Shake-up looms in Singapore banking, wealth managers warn
Intense competition, a tendency for wealthy Asians to use multiple private bankers
09/08/2013
Walker Crips gets £6.6m boost
The Culs were converted into ordinary shares on 1p each in Liontrust on the basis of one share for each £1 in nominal value of Culs.
09/08/2013
The startup spicing up Britain’s wealth management industry
THE British public has long been accustomed to depositing their earnings in a bank account, or investing through an established stockbroker.
09/08/2013
Quilter Cheviot appoints Cogent to handle comms
Quilter Cheviot was formed from the merger of Quilter & Co Ltd and Cheviot Asset Management. CategoryPublic
09/08/2013
Liontrust’s West retires from fund management
Liontrust’s Gary West has retired from asset management to explore opportunities outside of the funds industry.
09/05/2013
Brooks completes regional footprint with Leamington Spa office launch
The Warwickshire office will be headed by investment team director Mike Divers, who is relocating from London, and takes the number of regional offices up to 11 across the UK and Channel Islands.
09/05/2013
Family Office Exchange Introduces Wealth Advisor Council in Europe
The Wealth Advisor Council will provide advisors with a private peer group, supported by FOX research, to help guide their future growth as advisors to the high net worth market.
09/04/2013
Banks Relationship Managers Spending Less Time With Clients: PwC survey
The Cost of Relationship Managers is the highest in a private bank's cost base, but ironically RMs are actually spending less time with clients.
09/04/2013
Brewins, Brooks and Quilter Cheviot sign up to new DFM service
The firm said the new tool has been designed to enable financial advisers to consolidate their work
09/04/2013
Cheltenham wealth manager buys £60m client book
Cheltenham-based weatlh management firm Attivo Group has acquired the client book of Kent-based Valiant Financial Consultants Ltd
09/03/2013
Hargreaves profits jump 28%
Hargreaves Lansdown has reported a rise in assets under administration, profits and client numbers while revealing further progress in pricing.
09/03/2013
SJP: Our charges are easier for clients to understand
Multiple hourly charges for advice could be as “complicated” for consumers to understand as energy bills, the marketing director of St James’s Place has claimed.
09/02/2013
Edmond de Rothschild Completes Overhaul of Asset Management Division
The Edmond de Rothschild Group, with more than 55 billion Swiss francs (close to 45 billion euros) under management, aims to raise a further 25 billion Swiss francs by 2016
09/02/2013
ARC Private Client Indices and ARC Charity Indices are now available.
The latest performance estimates for the ARC Private Client Indices and ARC Charity Indices are now available.
09/01/2013
Towry in talks to buy Bluefin
Bluefin owner AXA had put the business up for sale, alongside employee benefits arm Bluefin Corporate Consulting, in 2011.
09/01/2013
First State Global Emerging Markets Leaders Fund removal from Wealth 150
The First State Global Emerging Markets Leaders Fund has been removed from the Wealth 150 list of our favourite funds for new investment.