02/01/2022
Danske Bank -Sale of private banking activities in Luxembourg completed
The sale reflects Danske Bank's efforts to simplify its organisation and supports its strategy of focusing on its Nordic home markets.
Wealth and Asset Management
01/31/2022
SJP drops ‘wealth management’ in first rebrand for 30 years
The restricted advice giant is rebranding to ‘reflect the business we are and the people we represent’.
01/31/2022
Succession Wealth buys £175mn Oxford adviser
Inflexion hired bankers to undertake a review of options for the business, according to Sky News at the time.
01/31/2022
J. Safra Sarasin Group opens an office in Madrid
The opening of the branch in Spain fits in the ongoing strategy of the Group to develop its activities in core European markets.
01/31/2022
EFG announced as new title sponsor of the EFG Swiss Open Gstaad
Known as the ‘Wimbledon of the Alps’ due to its unique backdrop, the EFG Swiss Open Gstaad’s ethos is to preserve the best Swiss traditions and the event has a reputation for hospitality that means it attracts more than 20,000 visitors e
01/31/2022
Succession Wealth adds £175m assets with acquisition of OAP
It is the firm’s 60th M&A deal since 2014
01/31/2022
Brooks Macdonald announces enhancements to Responsible Investment Service
It will allow the firm to expand its reach in the ‘key regional centre’
01/28/2022
Financial Times Names Sionic as one of UK’s Top Consulting Firms
This year’s report includes 194 consultancies, rated across 29 different industries and consulting services, with consulting networks also being rated for the first time.
01/28/2022
Dubai, Monaco sign agreement to attract ultra-wealth individuals
The agreement focuses on enabling Ultra High Net Worth Individuals and family offices, with DMCC being the primary destination for global business.
01/28/2022
Accuro CEO listed as 2022 eprivateclient 50 Most Influential
Xavier is a principal driver of Accuro’s vision and strategy.
01/28/2022
IQ-EQ backs first-time female fund managers
‘Gender diversity in fund management will achieve not just better outcomes for women, but also for investors and the industry at large’
01/28/2022
St James's Place funds under management up 19% on year
Gross inflows totalled GBP4.69 billion, a 17% increase on the same quarter the previous year, when gross inflows totalled GBP4.02 billion.
01/27/2022
UBS Agrees to Acquire Wealthfront
Wealthfront’s state-of-the-art, digital only platform tailored to next gen affluent investors will accelerate UBS’s growth ambitions in the US
01/27/2022
Tilney, Succession, Ascot Lloyd eye sales as wealth manager M&A boom continues
The UK's third-largest wealth manager could soon be on the block as Tilney eyes sector deal rush
01/27/2022
Smith & Williamson announces partnership
Within the partnership, Smith & Williamson and Innovate Finance will collaborate on a series of events and thought-leadership insights for members including findings from a survey on key fintech themes, including collaboration between start-ups and in
01/27/2022
St James's Place assets surpass $200 bln as inflows keep coming
St James's Place said its 2021 client retention rate was its strongest year to date, contributing to funds under management rising 19% over the course of the year.
01/27/2022
Fairstone makes double purchase
Both firms had initially partnered with Fairstone through its proprietary downstream buyout model.
01/27/2022
Consolidator entrant buys £280m Liverpool adviser
The addition of Pavis to the Verso group, adds scale to Verso’s network and creates a hub in the North West as Verso builds its national footprint.
01/27/2022
Remembering Andrew Denham-Davis
A salesman who believed in wearing out shoe leather, during fifteen years at Brooks Macdonald he built and managed a 35-strong sales team.
01/27/2022
Deutsche Bank posts a surprise profit on strong investment bank performance
The fourth quarter tax benefit reflected a positive deferred tax asset valuation adjustment of € 274 million resulting from the strong performance of Deutsche Bank’s US operations.