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RBC reports record earnings in Wealth Management

Record earnings in Wealth Management, up 18%

Wealth Manager Top 100 star swaps BestInvest for Standard Life

Bestinvest senior fund researcher Mark Lane has left to take up a post with Standard Life Investments.

Wealth managers, trust professionals keen to relocate

Even "several" who currently already live there were among the 28.6% who said they would most want to relocate to the Continent.

Wealth managers must address their role in fund market oligopoly

It has enjoyed the best of both worlds: the open competition of the US, allied to the higher fees of Europe.

SJP, Hargreaves and networks named as post RDR winners

In an unbundled world, this power appears to be shifting towards larger advisers and distributors.”

Brewin Dolphin adjusted pre-tax profits up 22%

Brewin Dolphin Holdings' total managed funds stood at £28.2bn at its year-end on 29 September compared with £25.9bn at the 2012 year-end.

Double-digit growth for Quilter Cheviot in Brum

The Bennett's Hill as is the biggest Quilter Cheviot office in the UK and Ireland employing 43 staff.

Cameron Hume Selects Northern Trust For Investment Operations Outsourcing

Newly established investment management company Cameron Hume Limited has appointed Northern Trust to provide full investment operations outsourcing for its assets under management on behalf of large, sophisticated institutional clients.

Zurich assets grow by £2.35bn in 2013: CEO

The provider’s UK life chief executive said UK platform assets had reached almost £7bn by the end of the third quarter of 2013

Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year

The group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg.

Rowan Dartington to double investment team in regional push

Rowan Dartington aims to double the number of investment managers it employs to 12 and is looking to launch an ‘At Retirement’ pensions planning service next year.

Fund groups in talks with Skandia over Select pricing fears

The deals centred on Skandia’s ability to provide flows to the funds from both advisers and its life book in exchange for ‘super clean’ prices.

Epoch Wealth Management celebrates corporate chartered status

Epoch is one of only 576 financial planning firms nationally to be awarded chartered status which is widely seen as the gold standard for the financial services industry.

Hargreaves To Announce 'Waitrose-Style' Premium Pricing Structure

Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.

Dominant City has most €1m bankers in EU

European Banking Authority figures highlight City's dominance with 77pc of top paid EU finance executives based in London

UBS shrinks advisory team for rich in emerging markets

The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.

Mattioli Woods reveals revenues hit by Ucis action

Mattioli Woods has put the brakes on property syndicates after the regulator stated Ucis should only be promoted to more strictly defined “sophisticated investors”.

Battle for world’s largest wealth fund, and what it means for energy sector

A number of organizations and institutions in Norway have for some time been advocating such a reform.

Brown Shipley private banking head steps down

The duo remain at the bank but have stepped back from their positions to concentrate on running private client portfolios. The bank declined to disclose the reasons behind the move.

Citigroup’s Banker Pay in London Tops Lloyds, Santander

Spain’s Banco Santander SA paid an average of 207,000 pounds, while Lloyds Banking Group Plc paid the least, at 158,000 pounds.

Wealth and Asset Management