06/20/2012
RBC Wealth Management’s British Isles Trust and Fiduciary Services business has been named on Private Client Practitioner’s list of the Top 25 Trust Companies for the second successive year.
06/20/2012
Assets under management rose to £1.5bn at 31 March - up from £1.3bn last time.
06/19/2012
Financial planning-led IFAs will pose serious competition to traditional wealth management firms that have been slow to adapt to regulatory change, a report from KPMG has claimed.
06/19/2012
Given the early stage of these discussions, the outcome is entirely open.
06/19/2012
Global high net worth population increased slightly in 2011, their investable wealth declined.
06/19/2012
The taxpayer-backed private bank that counts the Queen among its clients, has begun offering customers compensation likely to run to millions of pounds for bonds missold to them at the height of the financial crisis, I have learned.
06/19/2012
But wealth managers argue that only “risk assets”, such as equities, have the potential to preserve the value of their clients’ portfolios in real terms.
06/19/2012
Strategic planning is back. With so much uncertainty, bank CEOs need to rethink where their institution adds value to customers, who those customers are today and who they might be in the future.
06/19/2012
Switzerland’s central bank suggested Credit Suisse should raise fresh equity from shareholders, scrap its dividend or shrink its risk appetite further.
06/19/2012
The FT reports responses to its annual wealth management survey show 19 firms have not made a decision about their service offering as of next year, including Towry, Barclays, Coutts and Co, Charles Stanley and Killik and Co.
06/19/2012
The firm, which was launched by HNW insurer Aqua and former Hiscox head of motor, Ashley Cole, was set up in March this year.
06/19/2012
Those committed to independence include Equilibrium Asset Management and Investment Quorum
06/18/2012
Wealth-X has released a report on the ultra high net worth (UHNW) population in the United Kingdom.
06/18/2012
Profit before tax up 54%
06/18/2012
The service, which 7IM plans to launch in the next 18 months, would allow investors to view their portfolios and make transactions.
06/18/2012
At the same time, firms will have to change the way they describe their advice – choosing to declare their range of services as either “restricted” or “independent”.
06/18/2012
Wealth managers defy gloom to splash out on headcount
Wealth managers are on a hiring spree as they seek to take advantage of a steady rise in the number of millionaires across the world despite the economic environment.
06/15/2012
In contrast, the exclusive nightclub in Porto Cervo flourished under Silvio Berlusconi, who has a large villa just along the coast and is a friend of Mr Briatore.
06/15/2012
The fund is not available direct to the retail market but can be accessed through 7IM model portfolios.
06/15/2012
Despite continued setbacks in the global wealth market, affluent individuals will rise by 20 million per year, and India will continue to climb within the top 10 wealth markets list, research by Datamonitor has suggested.