06/20/2022
Lumin Wealth completes acquisition of Ashridge Financial Management
The acquisition builds on Lumin’s strategy of partnering with like-minded advisers who share the same high standards and commitment to client-centric solutions.
Wealth and Asset Management
06/20/2022
PE-backed advice company buys Beaufort Group
Acquirer was set up last year by former CEO and CFO of Quilter Financial Planning
06/20/2022
Stonehage Fleming announces senior promotions
In the Jersey Family Office division, Ian Ferguson and Rudi Bodenstein have been promoted to Partner.
06/20/2022
Wealth Management Market Players To Provide Hybrid Services By Integrating AI
The Business Research Company’s Wealth Management Market 2022 - Opportunities And Strategies – Global Forecast To 2030
06/17/2022
Caledonia Investments looking to sell fund manager 7IM
Caledonia has owned 7IM for seven years, after acquiring the company in 2015 for GBP100 million.
06/17/2022
Pictet predicts asset allocation ‘shake up’ over next five years
Firm says emerging markets and alternatives can achieve double-digit returns
06/17/2022
Luxembourg Ministry of Finance appoints Schroders and BlueOrchard to accelerate climate action with a landmark partnership
The initiative will specifically focus on the environment: climate mitigation, climate adaptation, and the protection of water and biodiversity.
06/17/2022
The Private Banking Awards 2022 winners announced!
Both Santander and BNP Paribas Wealth Management left with two awards a piece.
06/17/2022
BMO EMEA to be rebranded as Columbia Threadneedle Investments
Follows £615m acquisition
06/17/2022
HSBC AM expands alternatives arm with capital solutions unit
The unit will offer flexible capital solutions in private and sustainable assets for HSBC Asset Management institutional and wealth clients.
06/16/2022
European private bank unveils advice service
It will be available to customers with a net worth between €1m-€4m
06/16/2022
Close Brothers taps Sanlam and Rathbones for five senior hires
Opens new Chichester office
06/16/2022
Young Fundpicker: How can wealth managers stay relevant?
New generation of investors
06/16/2022
Credit Suisse to call for redemption of CHF 1.5bn capital instrument
The firm plans to issue up to CHF 2bn in high-trigger Tier 1 capital instruments this year.
06/15/2022
Tatton sees 26% revenue rise as it reaps acquisition benefits
The group is aiming to hit £15bn in AUM by 2024, and has so far exceeded its organic growth target of £1bn per year, delivering £1.7bn in the first 12 months.
06/15/2022
WealthSelect adds to Fixed Income across the range as economic uncertainty persists
The Responsible Active and Blend portfolios also see the introduction of a new holding
06/15/2022
Credit Suisse banker to depart after unapproved messaging – report
Anthony Kontoleon was removed from his post as global head of its equity capital markets syndicate in April, and is due to leave imminently after 28 years at Credit Suisse.
06/15/2022
Wealth management trends and the ‘new normal’
It was usually managed by lifelong financial advisors who handled the portfolios and kept the investments ticking over from a discreet distance.
06/15/2022
AssetCo to net £45m in cash after RMG acquisition
The Financial Conduct Authority approved the change of control of RMG to AssetCo last month.
06/15/2022
Kingswood completes acquisition of advisory firm Vincent & Co
Following the acquisition, Kingswood said now has about GBP7.0 billion under advice or management, compared to GBP7.2 billion on February 21.