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

Geneva WM takes stake in structured products firm

Synergies between companies in our field are common – this combination will allow us to offer our customers a more competitive proposition with the most integrated value chain possible.

Private banks take biggest hit to profits since credit crunch

Industry profit fell 8% to £13.5 billion last year as it is warned it needs ‘fundamental transformation’ in order to survive

People want sustainable investments so why aren't they doing it?

GenX-ers are also more likely to say they their individual investments could have a direct impact in contributing to a more sustainable world (64%) compared to millennials (60%) and baby-boomers (57%).

Goldman Sachs Is Taking Another Stab at Serving Europe’s Rich

Bank plans to hire more than 30 wealth advisers in three years

Investec makes €20m gain from sale of wealth management wing to Brewin Dolphin

The combined businesses will become Ireland’s third largest wealth manager, with €4.6bn under management.

Quilter lends £25m to fund deals as M&A accelerates

Quilter loans member companies the capital to fund purchases of other advice companies in its network and connects sellers with buyers without a charge and with the offer of a free valuation.

Wealth management could soon cost less than you’d think

Costs are falling — but it still looks far more expensive than it should

CII apologises for St James’s Place exclusive training deal

Qualification will now be available to all members during the pilot launch

Michelin-starred chef Peter Fiori launches Coutts bank’s first ever cookbook

Proceeds from sale of the volume, by Coutts head chef Peter Fiori and called ‘The Skyline Garden Cookbook: From Harvest to Plate’, will go to The Felix Project for the next week.

Get The Basic Right During Brexit by Coutts

Forget trying to out-manoeuvre history. Getting the basics in place is even more important when there are changing political and economic circumstances.

Investec issues profit warning as wealth restructure hits earnings

Investec has warned that profits over the six months to the end of September are likely to fall on ‘challenging’ conditions

CII ditches SJP exclusivity after adviser backlash

The professional body made assurances that, while it had been working in collaboration with SJP, it always intended to ultimately make the unit available to the whole market.

Tilney and Smith & Williamson Announce Transformational Merger

Transaction will create the UK’s leading integrated wealth management and professional services group with over £45 billion of assets under management

Sarasin profits fall 15% on outflows and ‘difficult’ investment performance

Sarasin & Partners reported profits down 15% as a combination of ‘difficult’ investment performance and client outflows chipped away at its assets under management (AUM).

Lloyds-Schroders wealth management venture to launch price war

Agressive fee strategy puts pressure on rival St James’s Place

Heartwood launches four sustainable multi asset funds

Heartwood began its research into developing a rich multi asset sustainable proposition in 2013 and created four global multi asset sustainable strategies across the risk spectrum – Defensive, Cautious, Balanced and Growth.

"The UK economy remains poised to accelerate when political certainty is delivered", Sanlam

In this sense the longer term outlook for inflation remains well supported, and the UK economy remains poised to accelerate when political certainty is delivered.

Most wealth managers witnessed colleague sick with stress

More than half of wealth managers have seen a colleague take time off work to cope with mental health issues.

Why wealth firms are throwing cash at veteran talent

With new clients increasingly sourced from rivals rather than the newly-rich, one age cohort is in high demand: the industry veteran.

Third deal in a week for UK wealth firm

It could spend a maximum of £10.4m on all of the acquisitions

Wealth and Asset Management