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.
03/04/2014
Gloucestershire wealth management firm St James's Place could be about to join the list of top companies on the FTSE 100.
03/04/2014
GAM Holding AG, the Swiss money manager that split from Julius Baer Group Ltd., reported a more than doubling in full-year profit, proposed a higher dividend and said it’s planning a new share buyback program.
03/04/2014
Close Brothers pledges to support family businesses
Close Brothers Asset Management is in the process of launching a host of initiatives which the firm said would help wealth managers communicate key issues to clients and prospects.
03/03/2014
St James’s Place is most likely candidate for inclusion in London’s benchmark index when the latest reshuffle is announced after the close of trade on Wednesday
03/03/2014
Regional Stars Awards are voted for by hundreds of financial advisers across the UK
03/03/2014
Both appointments further enhance the depth of talent within WH Ireland’s Birmingham office.
03/03/2014
'We want to acknowledge excellence and outstanding work and celebrate professional achievement.
02/28/2014
Old Mutual announces acquisition of 3,000 adviser firm
The move, first tipped by Money Marketing in December, will see Intrinsic retain its brand and management team.
02/28/2014
Banks are well aware that money laundering risk must be addressed in the context of wealth management.