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

UK Wealth Manager Number Drops 20% After Regs On Fees, Commissions

New regulations, including the U.K.’s Retail Distribution Review, make finding financial advice more complicated for wealth-management clients

Lloyds In New St James’s Sale

Lloyds Banking Group is poised to sell a 12% stake in the wealth management firm St James’s Place before Christmas in a move that would reap £390m.

Kleinwort Benson Group Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK

As a consequence of this, BaFin also confirmed that it had commenced the formal 60 working day review period for the approval of the entire transaction, which will expire on February 18, 2014.

Finance Firms In Deal to Join Forces for the Future

Accountancy firm MGC Hayles has signed a partnership deal independent wealth management specialists Westerby Group.

Sutton Coldfield IFAs Named In Top 50 Financial Advisors In UK

Gemini Wealth Management are proud to announce that they have been named in the Top 50 Financial Advisers in the UK according to FT Adviser Magazine and Matrix Solutions.

Resolution In Talks to Sell its Lombard Wealth Management Unit

“A further announcement will be made as and when appropriate,” Resolution said in the statement.

Charles Stanley Evercore buy paves way for adviser push

Wealth Manager can reveal that Pan Asset will be rebranded CS Pan Asset and operate as a standalone business under the Charles Stanley umbrella.

Quilter Cheviot Awarded Industry Accolade for Successful Merger

The business was formed in January following the merger of Cheviot Asset Management and Quilter.

Investec Profits Ease

Specialist bank and asset manager Investec said operating profit before goodwill, intangibles and taxation decreased 2.3% to £222.8m in the first half-year.

Close Brothers Makes Positive Start To Year, Confident In Full Year Outlook

UK-based specialist financial services company Close Brothers Group Plc Thursday said it has made a positive start to the year and remains confident in the outlook for the current financial year.

Credit Suisse to Ring-Fence Swiss Operations

Credit Suisse’s UK operations will remain the hub of its European investment banking business while Credit Suisse is planning that its two principal UK operating subsidiaries (Credit Suisse Securities (Europe) Ltd and Credit Suisse International) wi

LS Wealth to Become Beaufort North West

St Helens-based LS Wealth Management is to rebrand as Beaufort Financial Planning North West as it looks to become more aligned with its network.

London & Capital subscribe Managed Portfolios to Distribution Technology's 'Dynamic Planner' risk profiling tool

By using DT’s profiling service, it now makes it even easier for advisers to choose the most appropriate portfolio for their clients and is a further example of London & Capital’s continuing pursuit to meet advisers’ needs.

R C Brown Raids Rowan Dartington Senior Team

Bristol based discretionary investment firm, R C Brown Investment Management (RCBIM) has recruited the team that managed the ‘Signature' investment proposition for Rowan Dartington.

AFH Financial Group acquires Welsh IFA

AFH Financial Group PLC has announced the acquisition of AG Financial Planning Ltd, an IFA based in Bridgend, Wales.

Will Model Portfolios Lower Returns for Wealth Managers?

Model portfolio solutions have enjoyed a meteoric rise over the past four years, but wealth managers remain divided on the ultimate impact for fund selectors.

Canaccord Genuity to Consider Small Deals for U.K. Wealth Unit

Canaccord Genuity Group Inc. would consider small deals to build-up its U.K. wealth-management business even as it shuns larger acquisitions.

Axa Wealth: Most young professionals lack investment strategy

The index revealed 55% of this demographic lacked a clear investment strategy, despite having "the biggest scope for wealth creation".

Standard Life Wealth to be merged into SLI

Keith Skeoch, CEO, Standard Life Investments, said: “Following the recent acquisition of Newton Private Clients, Standard Life Wealth has become a substantial asset management business, which has created a deeper operational and investment link betw

German giant Commerzbank to expand Swiss operations

The move came just months after the bank said 5,000 jobs would be axed as it tots up the toll from the financial and sovereign debt crises.

Wealth and Asset Management