03/10/2014
Banks counting on wealth managers to build new revenue
The survey uncovered the five key traits of Pacesetters and the top challenges they face for continued success.
03/10/2014
The Times and Sunday Times have teamed up with Bestinvest to launch a wealth service.
03/07/2014
The chief executive of Old Mutual Wealth said the firm planned to increase headcount this year by up to 250 advisers
03/07/2014
Based in London he will spearhead the development of a new model for the provision of global family office services, aimed at helping families with increasingly complex issues to deliver on their personal and strategic objectives.
03/07/2014
Mike Hodges, managing director of Carrington, described Warren coming on board as 'another significant hire that we have made in the last 12 months'.
03/07/2014
Mike Hodges, managing director of Carrington, described Warren coming on board as 'another significant hire that we have made in the last 12 months'.
03/06/2014
Permira aims to complete the Bestinvest deal this month
03/06/2014
Old Mutual Wealth’s asset management arm Old Mutual Global Investors totalled £15m for the year
03/06/2014
Banks See Wealth Management New Cash Cow
Expect banks to become bigger players in the wealth management space. According to a new study by Fidelity, over half of bank executives expect to grow their revenue from wealth management practices by 25 percent in the next five years.
03/06/2014
Michael Dobson, Chief Executive, commented: “2013 was a record year for Schroders, with profit before tax and exceptional items up 41 per cent. to £507.8 million and assets under management up 24 per cent. to £262.9 billion.
03/06/2014
Barclays paid 481 staff more than £1m ($1.67m) last year, prompting criticism that pay is still too high and that banks have not changed their ways since the financial crisis.
03/06/2014
It marks a shift from the strategy employed with the integration of the two fund management businesses, which saw Cazenove's funds rebranded Schroders.
03/06/2014
Old Mutual Wealth has admitted liability claims following its acquisition of Intrinsic are inevitable but says the deal was still worth doing.
03/05/2014
Family Offices Beginning to Look Beyond London for Property Deals
Trophy property prices in the British capital – those worth more than £10 million
03/05/2014
Hanson is banking on Spanish tie-up
Man-about-town Robert Hanson is teaming up with the Spanish. Boutique bank Renta 4 Banco is taking a 14.99% stake in Hanson Asset Management, the London wealth management firm that Hanson chairs.
03/05/2014
Number of People With More Than $30 million in Net Assets Also Rose
03/05/2014
Intrinsic owner promises not to tie down advisers
The new owner of network intrinsic has promised it will not force its advisers down a single tied route.
03/05/2014
Private bank Scoban will embark on a £40 million capital raising after receiving confirmation that it is set to receive its banking licence from the PRA.
03/05/2014
The index, which was produced by Forbes Insights, is based on an anonymous online survey of individuals with at least US$5 million in investable assets
03/05/2014
The Swiss unit, Bank Morgan Stanley AG, may be sold or wound down, said the person, who asked not to be identified because no decision has been reached.