Laser-focused on wealth management – Abberley
Charles Stanley’s recently approved strategy to focus with laser-like precision on wealth management is based on three things, says CEO Paul Abberley.
Wealth Management
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Standard Life names financial planning service 1825
Standard Life has decided to call its new UK-wide financial planning business 1825 to evoke the investment and savings company’s long heritage.
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Asia ‘behind curve’ in use of passive strategies
Global flows into exchange-traded funds may be steadily rising, but ETF usage is lagging among wealthy clients in Asia, according to Roger Bacon, Asia-Pacific head of managed investments at Citi Private Bank.
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Big data to influence product manufacturing: Cerulli
Digital disruption is upending the wealth management industry and it could also have an impact on the product manufacturing process, according to Cerulli Associates.
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Barclays shares climb following CEO sacking
Barclays shares have climbed 3% following the sacking of chief executive Antony Jenkins.
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Greek crisis causes surge in investors seeking professional advice
The number of investors looking for help from wealth management firms has soared as the situation in Greece sparks greater market volatility.
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Lloyds expands expat service for non-doms in UK
Lloyds Bank has announced an expansion of its London Expat Service to tap to the growing number of high net worth individuals moving into the UK.
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IDAD aims to grow African business with new hire
Investment Design & Distribution (IDAD), the UK-based structured products specialist, said it is looking to grow its business in Africa with the appointment of Graeme McCallion.
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Wealth managers in danger of losing the youth
High net worth individuals are generally pretty happy with their wealth managers at the moment.
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Wealth management organisation to open Hong Kong branch
The Hong Kong chapter of the Association of Independent Asset Managers (AIAM) is expected to launch in the coming months, aiming to give independent wealth management firms a unified voice.
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Barclays sells US wealth management business
Barclays has sold its US Wealth & Investment Management business to American investment bank Stifel Financial Corp for an undisclosed the sum.
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Most advisers prefer a successor to a sale on retirement -Russell
Financial advisers would prefer to find a successor that can take on their business when they retire, rather than pursue a sale, new research from Russell Investments suggests.