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Social media: too important for wealth managers to ignore?

So, what must wealth managers do?

Brooks Macdonald Assets Under Management Up And Trading In Line

Wealth manager Brooks Macdonald Group PLC on Friday said trading in the financial year to the end of June was in line with its expectations, despite some "unhelpful" market disruptions in the fourth quarter.

Second Barclays W&IM man sets up his own boutique

The boutique will offer a range of model portfolios, with a tiered 0.85% charge that can be tailored to clients’ needs.

Old Mutual Int’l launches trust tool to support advisers

Old Mutual International has launched a new online service with the aim of boosting its trust proposition by pointing advisers towards the most suitable trust for their customer’s circumstances.

Chinese investment group bids to buy rest of BHF Kleinwort Benson

It agreed to buy German bank Hauck & Aufhaeuser Privatbankiers earlier in July. It also owns French-based holiday company Club Mediterranee and has a stake in Britain's Thomas Cook.

Brewin Dolphin launches D2C offering

BrewinsDirect is available for those with as little as £10,000 and is said to offer an “uncomplicated, low-cost service”. Investors can choose from one of six portfolios

Barclays shuts down accounts for expats living in Cyprus and Malta unless they hold £100,000 or more

But angry expats who have spent years as loyal customers of the bank say they feel betrayed. Many say they have been told they must have a UK-based account to receive their British state pension.

Equiom celebrates multiple short listings in Citywealth International Financial Centre Awards

Leading multi-jurisdictional trust and corporate services provider, Equiom, has been short listed for three categories in the prestigious Citywealth International Financial Centre Awards 2016.

Nikko Asset Management expands UCITS range

These institutional quality strategies will allow sophisticated global investors access to a broad range of exposures across developed and emerging markets.

Old Mutual Int’l launches trust campaign for offshore advisers

Old Mutual International has launched a campaign to promote “under-utilised” trusts among offshore advisers and will launch further support tools “shortly”.

The Financial Times could be sold for a whopping £1bn

Pearson PLC, the parent company of the 127-year-old newspaper the Financial Times, is mulling a sale of the business broadsheet.

It's a question of when, not if, Standard Chartered's deputy chief executive will leave

Although CEO Peter Sands took the fall for the bank’s problems, Mike Rees, a 25-year veteran of the bank, has to take some of the responsibility

Bill Winters reshuffles Standard Chartered executives

Africa & Middle East to form part of new regional business structure

Rathbones promotes five to executive committee

Rathbones has promoted five senior directors and departmental heads to its executive committee.

Investing in the right place by Tim Price

“That men do not learn very much from the lessons of history is the most important of all the lessons of history.” - Aldous Huxley.

Nautilus calls on Jersey trustees to encourage clients to support local charities

Independent trust company Nautilus is calling on fellow Jersey trust businesses to encourage their clients to support local charities as part of their wealth management strategy.

An Israeli gambling company beat one of Britain's biggest hedge funds in the takeover battle for Plus500

Playtech’s shareholders still need to approve the deal but that should prove relatively straightforward.

London Borough of Brent Appoints Northern Trust for GB£650 Million M

Seventh Appointment Under National Local Government Pension Scheme Underlines Leadership Position in Sector

GoldCore confirms management buyout of wealth division

Company will focus on precious metals brokerage and storage offering

Scout, simplicity and the Summer Budget by Penny Lovell

This week has seen the release of Go Set a Watchman, Harper Lee’s much-anticipated sequel to To Kill a Mockingbird.

Wealth and Asset Management