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Latest Wealth Management News
- Wealth managers warn against Facebook investment - 18 May at 9 AM
Despite great excitement in the business world about today’s flotation of Facebook stocks, some wealth managers in the US are warning their clients to be caution. The social network decided that it would release 25 per cent more shares than previously announced this week... - Fatca rules may affect US wealth managers - 17 May at 9 AM
US assets managers selling funds to investors based overseas may be adversely affected by Internal Revenue Service proposals that aim to stop tax evasion in the US. The Foreign Account Tax Compliance Act (Fatca) hopes to rein in Americans paying no tax on money held in... - USB wealth management grows - 16 May at 9 AM
As the financial environment across the globe slowly starts to improve, recent earning reports released by USB show its wealth management unit is robust. Profits have also increase at Credit Suissie and Barclays, although these relate to the more volatile trading and sales... - Guggenheim and Deutsche Bank wealth management negotiations stall - 15 May at 9 AM
Negotiations for Guggenheim Partners to buy a full range of wealth management businesses from German firm Deutsche Bank have fallen through, according to media reports. DB wants to sell a whole clutch of its asset management businesses due to rising costs and new... - Study claims financial products confusing for investors - 14 May at 9 AM
ealthy investors are easily confused about financial products, according to the results of a new survey. The study by MFS Management concluded that wealth managers should explain concepts to their clients in the simplest ways possible. In total, 934 investors were... - LPL to offer wealth management to US middle classes - 11 May at 9 AM
LPL Investment Holdings has announced that it is embarking on a new venture to bring wealth management services and financial advice to America’s middle classes. The firm, which is the largest independent brokerage company in the US, believes that 70 per cent of Americans... - Top advisors bringing in buckets for Merrill wealth management - 10 May at 9 AM
The top 20 per cent of brokers at Merrill Lynch's Global Wealth Management unit are bringing in almost half of the company’s revenue, according to figures obtained by Reuters. Scorecards used to plot the monthly performance of employees revealed that around 2,500 people... - Wealth managers to face closer scrutiny - 9 May at 9 AM
The Financial Services Authority (FSA) has warned the wealth management industry to be prepared for tighter checks into its working practices. After clamping down hard on banks and dodgy traders in the aftermath of the global recession, the regulator says wealth managers... - BMO wealth management expands in Middle East - 8 May at 9 AM
Canada’s fourth-largest lender, the Bank of Montreal (BMO), has opened a new office in the Middle East after predicting that assets under management (AUM) in the region will shoot up by around 10 per cent over the next five years. Explaining that the bank has set up an... - BMO seeks Middle East growth via investment banking and asset management - 7 May at 6 PM
As reported by Fox Business, Bank of Montreal has announced plans to launch an office in Abu Dhabi, in a quest to develop its asset management and capital markets business in the Middle East by securing more access to sovereign wealth funds in the region. The...
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Wealth Services
Latest Wealth Jobs
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Managing Director, Head of Marketing, Luxury Lifestyle Management Group, London - 18 May at 1 PM
A luxury lifestyle management group that offers financial and high-end lifestyle management services to ultra-high net worth individuals predominantly in Eastern Europe, Russia and CIS, is looking to add a Managing Director as Head of Marketing -
Private Banking - Russia/CIS - 18 May at 1 PM
My client is growing their existing HNW Private Banking team and looking to expand its coverage of HNW/UHNW Russian and CIS clients. They have a long standing history as a dedicated Private Bank; offer a strong product suite and an exceptional level of service. -
2 x Intermediary Sales Managers - London - 18 May at 1 PM
2 x Experienced Intermediary Sales Managers required by award winning discretionary investment manager (1 x IFA & 1 x Professional Practices) -
Business Development Manager - Private Clients - 18 May at 1 PM
An exciting opportunity has arisen with this well established and niche Bank with an international presence. -
Private Banker - Specialist Lending - 18 May at 1 PM
This well established and expanding niche Bank is looking for an experienced Banker to work out of its London office focusing on Private Client lending including high end mortgages. -
Discretionary Portfolio Managers - 18 May at 12 PM
My client is a forward thinking and thriving national wealth management business, with a number of roles for talented and ambitious Private Client Investment Managers, preferably established teams, to join them as they embark on the next leg of growth.
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