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

Wealth manager to add £350m after founding CEO’s exit

Factors behind UK advice firm chief’s departure, his legacy and the company’s plans without him

Mattioli Woods forks out £4m for Midlands advice firm

Broughtons’ management team will be retained by Mattioli Woods following the acquisition.

Guernsey launches Private Wealth Forum

STEP Guernsey Chair Adele Perrot, of Butterfield Group’s wealth structuring team, said the event would showcase Guernsey’s strengths, build stronger awareness of the island, and engage directly with valued contacts in London.

Barclays Wealth Asset Management decided to change its name

“Barclays is committed to meeting the needs of wealthy clients and those aspiring to become wealthier."

Quilter reports 16% profit jump in first results since listing

Today’s results show a 2 per cent increase in assets under management and administration from 31 December 2017 to £116.5bn, which the company attributes to net flows of £2.2bn.

Charles Stanley makes its range of managed portfolios available to advisers

The addition of the managed portfolios to the 7IM platform marks the tenth platform through which advisers can access Charles Stanley managed portfolios and was predominantly in response to demand from advisers.

Hargreaves Lansdown annual profits rise as inflows hit record

Assets under administration rose 16% to £91.6bn

Youth focus for Beacon Wealth Management

Rebecca Tearle is one of a batch of new, younger recruits the firm is taking on, as it hopes to expand.

Standard Life Aberdeen profits fall

The group also recorded a 2.6 per cent drop in assets under management and administration to £610bn over the six months to end-June.

Private wealth investors slowly gain interest of more managers

A number of money managers running alternatives strategies said they are picking up interest from, and consequently working hard to adapt, to new interest from high-net-worth individuals.

SJP reveals how it will invest to expand business

The Rowan Dartington discretionary fund management business had client assets of £2.1bn at the end of 2017, and to £2.3bn at the end of June 2018.

Duet Group snaps up wealth manager

The decision to acquire Merit Capital followed the reorganization of Duet Group in to 3 business units.

Julius Baer joins Scottish Financial Enterprise

The move comes as the firm seeks to establish its new regional headquarters at One Lochrin Square in Edinburgh

Coutts' profit soars 85%

Our growth in wealth management is a sure indication that our clients continue to see us as a reliable and dependable investment house – delivering the advice they need.

Credit Suisse beats expectations

Looking to 2019 and beyond, we will continue to deliver improved profitability, higher returns and growing shareholder value.

Norway Makes First Deposit to Huge Wealth Fund Since 2016

The economy and Norway’s biggest industry are now on the mend after crude recovered to above $70 a barrel from below $30 at the depth of the crisis.

5 Things We Know About Family Office Progression

Ethics is one of the key themes at this year’s conference, and we know that social and environmental impact is a key concern for families.

Boutique private banks in London: What’s on offer

This includes, a number of rate-rigging investigations, mis-sellling of certain insurance products, and high fees charged by larger traditional private banks.

Liechtenstein bank to expand wealth management operations in Asia

The country’s banks — which include LGT Bank AG and Liechtensteinische Landesbank AG — were required to stop doing business with foreign clients who were unwilling to come clean on their tax affairs.

Italian bank Intesa SanPaolo sees earnings rise

Net interest income was down 2.7 per cent to around 1.84 billion euros, while net fees and commissions were flat at 1.99 billion euros.

Wealth and Asset Management