08/27/2013
Swiss banks UBS and rival Credit Suisse are under pressure to derive more of group profits from wealth management and Singapore is the largest hub for the business outside Switzerland in both cases.
08/27/2013
She joins Coutts from The Renaissance Group
08/27/2013
The research, which covered 32 DFMs that offer outsourced services to financial advisers, found that more than £24bn is managed on this basis, with the average amount managed per client at £249,477
08/26/2013
The new rules, which were introduced in January are full of intricacies, as firms seeking to describe themselves as independent have to advise on the full scope of retail investment products, which includes life assurance policies and pensions.
08/26/2013
Henderson's Head of Multi-Asset Bill McQuaker is backing value managers to outperform in what he describes as a more 'granular market'
08/25/2013
Smith & Williamson to Advise Members on new social network for high net worth investors
The platform will facilitate direct investments across a range of assets, including private equity, pooled investments, real estate, private equity, commodities, art and antiques.
08/25/2013
But Lesmoir-Gordon, Boyle & Co, a boutique bank set up by Schroders’ veterans Richard Lesmoir-Gordon, Andrew Boyle and Nick Smith, is aiming to change that.
08/22/2013
Dutch state-owned bank ABN AMRO reported second-quarter net profit of 402 million euros ($536.5 million)
08/22/2013
They form part of the Quilter Cheviot North West operation, which also includes Manchester and North Wales, with total funds under management of more than £1.2bn.
08/21/2013
Bellpenny acquires IFA firm
This latest deal means that Bellpenny has now established a presence in Scotland, England and Wales since its launch last year.
08/19/2013
The team have experience of working for a small selection of the most prestigious names in the wealth management industry
08/18/2013
A boutique wealth manager offering a bespoke private client service is to launch its first retail fund as it seeks to diversify its business.
08/18/2013
Currently around 126,000 U.S. nationals reside in the U.K.
08/18/2013
Helm Godfrey blamed the cost of the retail distribution review (RDR) and the acquisition of the employee benefits arm of Truestone Asset Management in 2011 for the dip in profits.
08/15/2013
The wealth manager has increased its assets under management to more than £900 million across all divisions.
08/14/2013
The move comes after the fund was recently placed under review.
08/14/2013
Baring Asset Management has renamed its UK retail team to avoid confusion with direct-to-consumer sales.
08/12/2013
Solid capital base strengthened substantially: Core Tier I ratio up from 11.0% to 12.5%
08/11/2013
Paris Orleans, the holding company for boutique investment bank Rothschild, said on Friday that its first-quarter group revenue fell 4.2 percent as lower profits in merchant banking outweighed an uptick in financial advice.
08/11/2013
The UK-based division of the South African headquartered company has acquired Telford-based Cornforth Consultants Wealth Management and Shropshire-based Wealthport.