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Willis Group to Acquire Specialist Broker

The Firm currently has 61 employees and consultants based in Hong Kong, Singapore, Switzerland and the US.

Ex-Barclays private bank boss joins Nikko AM as CEO exits

Meanwhile CEO Beazley, who is also the Japanese group’s president, will be replaced by former Nomura boss Takumi Shibata.

UBS plans to launch South West hub

The wealth management division’s team of private client specialists currently services the South West from its London office.

Fleming Family & Partners cautious on profit after strong year

Fleming Family & Partners chief executive Mark Davies has warned the firm is ‘unlikely to see a significant growth in profitability in the short term,’ despite posting strong full-year results.

European Wealth buys three funds from Hume Capital

The firm has acquired the Hume International Bond fund, which will be renamed the European Wealth Sterling Bond fund, and the Hume Global Opportunities and Hume European Opportunities equity funds, expanding its presence in retail fund management

Axa Wealth reviews social media

Axa Wealth, the wealth management division of insurance specialist Axa, is in the early stages of reviewing its social media arrangements.

Rathbones boosts AUM to £22bn

Funds managed by Rathbones increased 21 per cent to £20bn during the quarter, increasing from £16.7bn in Q4 2012.

Wealth manager continues expansion drive

The firm has been on an acquisition spree over the last few years, targeting professional services firms.

Lighthouse sells stake in Bristol adviser to Towry

Lighthouse Group has sold its 50.1 per cent stake in Bristol-based wealth management firm Deverill Black & Co to Towry for £501,000.

Despite disruption, RDR has benefited industry: RBC

The RDR has been hugely disruptive but it is hard to argue against the benefits

Coutts chairman retires

Coutts & Co chairman David Douglas-Home has retired from the position after 14 years, Financial News has learned.

JPM Global Equity Income taken off Wealth 150

Hargreaves Lansdown has removed Gerd Woort Menker’s JPM Global Equity Income fund from its Wealth 150 list of favourite funds owing to its “mixed” performance.

Close Brothers Asset Management appoints Head of Research

He joins CBAM from AllianceBernstein

Credo to offer new partner model for wealth managers

In the Autumn Statement, the government announced it would press ahead with a review of the taxation of partnership structures where corporate entities are set up to act as additional partners, and are generally taxed at lower rates than individuals.

Savills Selects Wealth-X As Global UHNW Intelligence Provider on High-End Property Business

Wealth-X announced today that it has been selected as a provider of global ultra high net worth (UHNW) intelligence for Savills’ high-end real estate business.

HSBC plans to give staff shares to avoid Brussels' new cap on bankers' bonuses

Commerzbank sees opportunity to expand wealth management business

Commerzbank's wealth management business has about 70,000 customers

Rothschild bankers made partners

The 202-year-old investment bank has set up a partnership for 48 of its most senior bankers as the final step of a drawn-out process to unite its French and British branches

Schroders set to unveil London relocation plans

The development is managed by Brookfield Office Properties and Oxford Properties in partnership with the City of London Corporation, which owns the freehold. The development is scheduled to be completed by late 2016.

Coutts Index Reveals Passion Investments have risen 77pc since 2005

Launched today, the new Coutts Index aims to provide the global benchmark for monitoring the performance of passion assets.

Wealth and Asset Management