Changing legislation and rising charges will mean that non-doms cannot rest on their laurels following the election of a majority Conservative government in the UK general election last week, warns law firm Stephenson Harwood.
A Scottish-based wealth management firm has gone bust after it was unable to pay back clients who were mis-sold high risk investments, and customers are now turning to the Financial Services Compensation Scheme to get their money back.
A Scottish-based wealth management firm has gone bust after it was unable to pay back clients who were mis-sold high risk investments, and customers are now turning to the Financial Services Compensation Scheme to get their money back.
A strong performance from its wealth management division has helped Swiss banking giant Credit Suisse post a 23% rise in first quarter profits.
FACT Middle East, a specialist family office business, has been granted a licence by the Qatar Financial Centre Authority (QFCA) and is now fully operational in the Persian Gulf state.
A UK-based online “dating” service that matches affluent individuals with wealth managers has been granted half a million pounds to help build up its business in Asia.
Lower service charges may not necessarily be on the cards, but IFAs must provide value for their percentage, according to the head of Brown Shipley’s Manchester office Jon Sherlock
Walker Crips’ acquisition of discretionary investment manager Barker Poland proves how a good match provides a fillip for a company’s core proposition.
Regulatory change could double the sales of life assurance products among high net worth and ultra-high net worth clients, according to a survey of wealth managers and life assurance professionals.
Deutsche Asset & Wealth Management, the wealth management arm of Germany’s Deutsche Bank, said it had listed Europe’s first exchange traded fund to cover equities in the Middle East Gulf region, which will include Saudi Arabia.
Even as Switzerland remains the worlds largest wealth management centre, other locations such as Hong Kong, Singapore and the US are also catching up rapidly, according to research from Deloitte.
The firm facilitates discretionary management of family wealth and private banking, alongside offering a stockbroking service, and has been running real money since 1 July
