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

Wealth managers neglecting clients

The number of people looking for a new wealth manager because their existing adviser is neglecting them has doubled in a year.

OP-Pohjola wealth management earnings jump 125%

Finnish financial group OP-Pohjola has reported a 124.9% increase in pre-tax earnings from its wealth management business in the first two quarters of 2013, compared to the same period last year.

Garman hired to boost HFM Columbus' HNW non dom clients

Gina Garman has been hired as a senior private client adviser at wealth manager HFM Columbus in a newly-created role

UBS's second-quarter 2013 result

UBS adjusted profit before tax CHF 1 billion

Mattioli Woods buys wealth manager in £6m deal

The deal comprised initial consideration of £3.24 million, including £0.375 million in cash and 946,256 new shares.

RBC Wealth Management appoints Head of Investments

He will be responsible for leading the British Isles Investments team and also joins the British Isles and Caribbean Operating Committee for RBC Wealth Management.

Flemings seeds new Investec fund

Fleming Family & Partners, the multi-family office, has seeded a new Africa-focused fixed-income fund with Investec Asset Management

A new era of ethical investment? A fifth plan to get financial advice for the first time

One in five people who have previously not received financial advice plan to do so in the future to prepare for retirement, according to new research.

Aberdeen AM reports £9.7 billion of new business won in the quarter

Assets under management £209.6 billion

Charles Stanley chairman nets £80k from share sale

The chairman netted around £80,000 after trimming his exposure to the private client stockbroker.

Quilter Cheviot becomes the latest to swoop on Brewin's Leicester branch

Quilter Cheviot Investment Management (QCIM) has hired Brewin Dolphin's Christian Ashley for its Leicester office.

Charles Stanley revenues up 31%

Charles Stanley's revenue for the three months to the end of June r

UBS France CEO eyes growth despite tax probe

UBS is being probed over its sales practices after a former executive told the authorities that Swiss bank accounts were being illegally sold on French soil and recorded in a separate account-keeping system used to help calculate bankers' bonuses.

Credit Suisse's private banking and wealth management division profit rises 4 pc

Mirroring a strong performance by Wall Street rivals, Credit Suisse more than doubled pre-tax profits at its investment banking division from a year ago

Predicted shortfall of 5000 IFAs for UK's HNW baby boomers

The UK faces a 20% shortfall of independent financial advisers which will potentially hit the baby boomer generation approaching or at retirement

Brooks Macdonald warns on future margins as assets jump 45%

In a trading update for the year to 30 June, the firm reveals discretionary funds have reached £5.11bn - up from £3.52bn reported for the previous 12 months.

Statement from the Swiss Bankers Association regarding payments and disclosures under the agreements with the UK and Austria

Both the UK and Austria have received either direct payments or information.

Wealth and Asset Management