12/03/2014
Wealth managers hit by regulatory problems and tough markets
WH Ireland warns on profits as Brewin Dolphin takes a hit from IT problems
Wealth and Asset Management
12/03/2014
London & Capital US family office AUM surges 226%
London & Capital launched its US family office back in 1989, becoming Securities and Exchange Commission (SEC) registered in 2004.
12/02/2014
Old Mutual Wealth completes acquisition of Cirilium
Old Mutual Wealth has completed its deal with Henderson Global Investors to acquire a 50 per cent stake of Intrinsic Cirilium.
12/02/2014
Thomas Miller completes acquisition of Broadstone
The firm said it forms part of a strategy “to create a leading investment and wealth management business
12/02/2014
VP Bank takes over Liechtenstein bank
With its business model featuring similar core areas of competence, target markets and client structures, VP Bank Group is ideally placed to integrate the extra staff deriving from the takeover successfully, and support them professionally in advising the
12/01/2014
Jersey private client professionals lead the way in Powerful Women list
36 of Jersey’s most influential women have been named in the Citywealth’s IFC Power Women Top 200 list, which was published last week and features women working in a wide range of areas including government, private wealth, private client advi
12/01/2014
Bellpenny pushes £3bn in assets after £300m IFA deal
Bellpenny’s 23rd acquisition will see Unizone’s financial planners and more than 20 support staff join the firm.
12/01/2014
Lloyds woos private clients with loyalty rewards
Lloyds Bank has extended its loyalty reward scheme to its wealth management clients.
12/01/2014
Barings awarded RQFII status
The asset manager received a quota under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.
11/30/2014
Coutts launches pilot scheme that enables customers of the bank to video call their advisor
Customers will be able to speak to several advisors from across the Bank simultaneously and also invite other parties such as joint-account holders additional account signatories or even external professionals to join.
11/28/2014
Low-cost ‘large mortgage’ service launched
A large mortgage advice service has been launched to counter high arrangement fees for more complex mortgages, Chris Morgan, lead financial adviser at Unusual Risks, has announced.
11/27/2014
Saunderson House sponsors the Global Law Summit
It is supported by organisations including The Law Society of England and Wales, The Bar Council, ComBar, Ministry of Justice, TheCityUK and UKTI.
11/27/2014
Intesa targets private banking, asset management acquisitions
Italy's leading retail bank Intesa Sanpaolo wants to boost its private banking, asset management and insurance businesses, including through acquisitions
11/27/2014
Diamonds are forever
Top reason for borrowing against wedding rocks includes to cover divorce settlement costs
11/27/2014
Will foreign firms lead the next M&A wave in wealth management?
There has been no let-up in merger and acquisition activity in UK wealth management in 2014.
11/27/2014
Cornish IFA expands services
Helston-based independent financial advice firm, Atkins Ferrie Wealth Management, is extending its services to include mortgage advice for the holiday home market.
11/27/2014
Aberdeen to fix the operating costs across its fund range
The asset manager has proposed to fix the “operating, administration and servicing expenses” on its funds, which are not included in the annual management charge (AMC) but are included in the ongoing charges figure (OCF).
11/26/2014
Traditional alts hubs squeezing out smaller players, survey finds
Speaking at the Association for the Luxembourg Fund Industry (ALFI) conference in Luxembourg, Stefan Jaecklin, head of the wealth & asset management practice in EMEA, presented the core findings from the three year study
11/26/2014
Expansion of family-office industry leads to blurring of distinctions
Here’s a question: what is a family office anyway?
11/26/2014
Corporate and fund services provider reports significant growth in its Luxembourg operations
The overall framework it now has in place enables Crestbridge to support managers through its ManCo service for a broad range of strategies, encompassing both UCITS and AIFs.