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

European wealth managed by 3.2 firms on average

This is the first of four papers that will be released during the year, each analysing a phase of the wealth management customer journey.

Close Brothers unveils its new self-directed platform pricing

Close Brothers Asset Management has announced its new pricing for self-directed private clients using its platform. This will be implemented from 10th March 2014, and clients have been notified.

Investec joins FEIFA programme

Investec Asset Management has joined FEIFA’s partnership programme‚ bringing the number of companies on the programme to more than 50.

Barclays chief Antony Jenkins turns down bonus but gets £4m in shares

Jenkins waives annual bonus for 2013 – as he did in 2012 – but stands to receive deferred bonus of 1.9m shares next month

Exeter wealth manager targets aggressive adviser expansion

Hawksmoor Investment Management is targeting an aggressive expansion into the financial adviser arena with its redesigned bespoke discretionary management service.

Societe Generale Private Banking launches its new private bank in France

Societe Generale is radically developing its private banking relationship model in France and extending its offer to a larger number of clients.

Charles Stanley Direct waives HNW fee

Charles Stanley Direct is to waive fees for six months on new investments of £500,000 or more.

Asian ultra-high net worth individuals flock to invest in Monaco

Asia owns 24% of the total world private wealth with nearly one third of it held in real estate, mostly in international properties. With rising profits, Asian high net worth individuals (HNWI) have developed an appetite for trophy homes in Monaco.

Anglo wealth arm sale postponed

A number of well-known wealthy individuals have taken proceedings against IBRC Assurance in relation to badly performing investments.

Europe’s largest bank Said to Plan Sale of Swiss Private Banking Assets

The bank has attracted scrutiny from governments over its operations in low-tax jurisdiction

Ascot Wealth Management VouchedFor As The Best In Berkshire

User review and rating system, although prevalent across sectors like travel, food and lifestyle, is only just making its presence felt in the medicine, financial and legal world.

Former F&C CEO Grisay passes away

I was shocked and saddened to learn that Alain Grisay had passed away

Vestra management reshuffle pays off with £1bn inflow

Growth is expected to come from a focus on ultra-high net worth clients, intermediaries and its US division, which provides a range of wealth management services to clients with ties to America.

London-based wealth manager 'first UK wealth manager to achieve ‘B Corp’ certification'

The London-based wealth manager that specialises in looking after American expatriates‚ has been awarded “B Corporation” certification‚ the first such company in the UK to receive this relatively-new ac

one Star hires Rothschild and Bank of America Merrill Lynch as advisor

Lone Star, IKB, Rothschild and Bank of America Merrill Lynch declined to comment.

BNP Paribas to help Budding entrepreneurs

Vital Regeneration launches “HELP Enterprise” in partnership with BNP Paribas, Dolphin Square Foundation and Westminster City Council

Secret Swiss Stashes at Risk as Italy’s Saccomanni Visits Bern

Solving the dispute over undeclared Italian funds with Swiss banks will be on the agenda today as Switzerland’s Eveline Widmer-Schlumpf and Italy’s Fabrizio Saccomanni meet in Bern.

Jersey’s 'future proof' funds regime to be showcased to London audience

Jersey’s position as the first ‘third country’ to offer the option of a fully-compliant AIFMD regime is set to be highlighted at Jersey Finance’s annual Funds Conference in London this year.

Sesame bans its advisers from using non-mainstream products

Sesame advisers will no longer be able to recommend non-mainstream investment products under the firm's new restricted proposition, managing director Stephen Gazard has said.

Brewin Dolphin takes £4m hit from loss of trail

Brewin Dolphin's revenue has been impacted by its well-flagged move to a transparent pricing model.

Wealth and Asset Management