- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Harrods Bank set to launch into the broker market

It currently provides mortgages on variable rate interest terms

Barclays Wealth arm folded into retail unit

Barclays Wealth & Investment Management will cease to exist as a standalone business as part of a strategic overhaul aimed at improving profitability.

Bank of Montreal could scrap historic F&C brand

Canada’s Bank of Montreal could scrap the historic F&C brand, potentially bringing the 146-year history of one of the oldest names in London’s fund market to an end.

Julius Baer gaining new foothold in the Netherlands

Julius Baer has acquired a well-established business in the Netherlands. Merrill Lynch has run wealth management activities in this market for more than 50 years shifting its focus to private banking and servicing high net worth individuals in the early

Bellpenny adds £75m in assets with latest acquisition

The deal sees 1,000 clients transfer to Bellpenny’s national advice business along with its advisers.

Hargreaves Lansdown founders rise up Sunday Times Rich List

Hargreaves Lansdown founders Peter Hargreaves and Stephen Lansdown have risen up the Sunday Times Rich List, which boasts a record 104 UK-based billionaires.

YourWealth acquired by South African investment firm

The UK arm of Momentum has acquired Your Wealth and the Money Hub app technology subject to regulatory approval.

Chris Gilchrist: Beware relying on platforms for client reporting

Several of the adviser-led platforms now have quite brilliant reporting functionality. Asset allocation, cashflows, tax reporting, market commentary

IFA eyes up significant growth

The group currently has over £250 million of assets under management

Rowan Dartington in double office launch as profits surge 350%

The group attributed growth to an increase in management fees

Wealth firm plunges 32% as founder exits on funding worries

Nitin Parekh has resigned as chief executive of Hume Capital , the investment firm he founded in 2007, with immediate effect.

Ex-Skandia head of wealth planning launches consultancy

Plans to offer consulting to the wealth management industry internationally but will focus initially on both the UK and Europe.

J O Hambro Capital Management Selects Advisers Investment Trust

Asset manager J O Hambro Capital Management Limited based in London, has selected the Advisers Investment Trust for their U.S. mutual fund products.

Ashcourt Rowan eyes Northern growth with new Leeds hub

Ashcourt Rowan is moving to a new office in Leeds following its buy of UKWM.

Arbuthnot Banking Has Starts Year Well, Says Chairman

Arbuthnot Banking Group PLC Chairman Henry Angest Thursday told shareholders the company has started 2014 well.

Axa Wealth reports 20% rise in Q1 sales

Axa Wealth has reported a 20 per cent increase in Q1 sales, from £689m last year to £827m this year, driven by a surge in Isa new business.

BRI Wealth Management grows with Shropshire acquisition

The expansion means that BRI will have a second office in the Bridgnorth area, which will continue to be run by existing Walter Financial Planning staff.

National law firm launches Private Wealth offering

The team advises private clients including business owners, entrepreneurs and landowners, as well as institutional trust and estate service providers and charities.

European Wealth lists on AIM with £16.6m market cap

European Wealth has completed the reverse takeover of its parent group and this morning began trading on AIM.

Investors Criticise Standard Chartered Pay Policies

Standard Chartered PLC has come under fire from investors for its pay policies.

Wealth and Asset Management