03/21/2013
The two firms have confirmed the talks in market statements this morning. Schroders is considering a possible cash offer, with loan note alternative, for Cazenove’s entire share capital, the groups said.
03/21/2013
A tax hike could be the tipping point for many high-net-worth and ultra-high-net-worth individuals, who are the most mobile in society due to their abundant resources.
03/20/2013
Barclays chief lands £18m windfall
Barclays investment banking chief landed an £18m windfall after the bank handed out mammoth share awards to top bosses.
03/20/2013
Wheatley said one of the regulator’s major concerns was the poor customer service provided by some wealth managers
03/20/2013
Customer deposits grew £74m
03/20/2013
Wealth Manager understands the firm will hire an external team to spearhead growth in the region
03/19/2013
The FSA, along with the Treasury, needs to transpose the EU rules into law by July this year – but there will be a one year implementation period after that.
03/18/2013
7IM head of platform Peter Wyatt said the move was a response to adviser demand.
03/17/2013
The Schroder UK Alpha Plus fund returned 254.4 per cent over the 10 years to 31 January.
03/14/2013
Worldwide Wealth Collections collapses
It's gone into liquidation with debts of nearly £1million.
03/14/2013
Mr Odey took a £10m bet against the firm last November, although he told The Independent he "didn't dislike the company".
03/13/2013
Withers to launch new non-legal consultancy
The consultancy will be run by two acknowledged leaders in the consulting field, Kenneth McCracken and Amelia Renkert-Thomas.
03/13/2013
The implementation of the Retail Distribution Review has created a significant upswing in the number of IFAs partnering with DFMs.
03/13/2013
Mr Bramson said 2012 was “a year of significant change” as the firm sought to cut costs
03/13/2013
He also warned that the cap would undermine the system of bonus clawbacks for misbehaviour and poor performance, the FT said.
03/13/2013
Red Square London, based in Pall Mall, operates a family office-style multi-disciplinary legal and business consultancy
03/13/2013
It is the sixth Wealth and Investment Management office opened by Barclays in the past eighteen month
03/12/2013
FSA's Wheatley Says Concerned by Wealth-Management Review
Wheatley, who will lead the FCA, said he will set up a wealth-management supervision department to increase oversight.
03/12/2013
Sovereign wealth funds to hit record $5.6 trln by year end
"Non-commodity funds are capturing an increasing share of SWFs' assets, a trend that is likely to continue."
03/12/2013
Revenues rose by 23% to £31.46m and the interim dividend of 6.5p per share is 8% up on last time.