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

HIGHVERN Trio Named NextGen Leaders in 2024 eprivateclient Crown Dependencies List

This esteemed industry list celebrates outstanding practitioners in the Crown Dependencies who are rising stars in the private wealth sector.

The rise in GenAI use among asset managers

These firms are strategically choosing use cases that offer the most immediate operational impact and are addressing the challenges of adoption.

Research Reveals UK Wealth Managers Facing Productivity Challenges

Relationship Managers Spend on Average Just 43% of Time on Value-add Tasks

Former Barclays CPO Megan Caywood Cooper launches AI wealthtech

Cooper described the startup as wealthtech platform and product that uses AI to provide financial guidance that personalised in real time.

Avaloq and BLKB take stakes in St. Gallen investment app

Avaloq will also integrate the Kaspar& investment app into Avaloq’s Core platform.

The Advantages of a Private Trust Company for Wealthy Families

Switzerland is known for its stability, confidentiality, and professional expertise.

UK wealth managers face productivity challenges

Several obstacles to productivity were identified, including organisational culture, poor communication, inconsistent processes, inadequate technology, unreliable data and compliance burdens.

Wealth manager clients are widening their investment scope

Troubled WH Ireland to sell division for £5m

The sell off, to Zeus Capital, is expected to be completed by mid-July.

St James’s Place uses AI to spot and help ‘vulnerable’ customers

Move by UK’s biggest wealth manager reflects increasing scrutiny of sector by financial watchdog

LGT Sustainability Report 2023

It shows how LGT fulfils its responsibilities in the environmental, social and governance areas, provides concrete insights into our commitment and explains how we are making our investments more sustainable.

Bitcoin Suisse teams up with Maerki Baumann

The new partnership between the cryptocurrency specialist and the Zurich-based private bank is set to allow clients to combine the services of both companies.

Guernsey Finance appoints dedicated representative for the north of England

His role as Northern England Representative will see him act as a business ambassador for Guernsey to further the island’s presence and reputation in the region.

JM Finn targets ‘disenfranchised’ wealth managers after record year

Business is booming at the wealth firm and it believes the time is ripe to poach teams disaffected by the consolidation sweeping through the sector.

UHNWIs Increasingly Prefer Family Offices Over Wealth Managers

Family offices, however, are much freer in those kinds of respects

HSBC to Add Three Wealth Centers in Singapore

The centers will serve clients across the full wealth spectrum from the mass market to ultra-high net worth individuals.

Quilter advice network welcomes four new AR firms

The firm is based in Northamptonshire and provides financial planning to both corporate and private clients.

Succession Wealth moves into UHNW space with acquisition of London Wall Partners

This acquisition significantly enhances our independent financial advice offering

FNZ losses grow but Durham insists it will return to profit in 2025

In its accounts for the year ending 2023, the business posted a loss of $550.2m, up from $318.2m in 2022.

Worcester-based financial management firm acquired by MPA

This final acquisition comes as outgoing SWP Partner Gary Cowley commences his retirement, having sold his remaining 50% stake in the business to MPA.

Wealth and Asset Management