151 articles found within the last year.
Displaying results 141 - 151
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Advisory wealth boutiques are on the rise
Boutique advisory businesses are expected to spring up ... Momentum has so far been a trickle, not ... Edward Jewson, chief executive of consultancy Jewson Associates ... He thinks Europe will begin to see start-up ... But several banks are already entering the sector ... According to UBS sources, job security is a...
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UK wealth manager predicts demise of adviser commission deals
The wealth industry is moving out of the ... Towry, a UK adviser, spurns commissions, opting to ... The retail distribution review, published last month by ... One adviser said: “I see nothing wrong with ... But Fisher is convinced commissions are on the ... Eleanor Hope-Bell, head of wealth at asset manager...
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Multi-family office focuses on aligning interests
When the dust settles from the financial crisis, ... These businesses, which tend to advise ultra-wealthy families, ... Geneva-based Global Wealth Management manages €2bn ($2.6bn) for ... “One of the reasons multi-family offices haven’t grown ... Sartogo joined GWM three years ago after 15...
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Business booms for Germany’s independent private banks
Small is increasingly attractive in German wealth industry ... The trend means the big banks are losing ... Berlin-based research company FuchsBriefe and the Hanover-based consultancy ... The top place went to Feri Wealth Management, ... The second and third places went to bigger...
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Sotheby’s faces millions of dollars in losses on contemporary art
Sotheby’s, the UK auction house, lost more than ... The losses, which it took after it failed ... The auction house admitted in filings with the ... The auction on November 11 and 12 in ... Another bombshell could be about to drop for ... They said a number of buyers, particularly from...
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Beautiful? Only inside your head
“I think the market is bigger than anyone ... Two months on, and Hirst may yet have ... The sale by Hirst, often seen as the ... But in just a few weeks, a more ... Sotheby’s is having trouble collecting payment for works ... The next day Sotheby’s rival Christie’s failed to...
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Berenberg Bank reaps rewards from long-standing reputation
Tradition went out of fashion in the boom ... Berenberg Bank knows a thing or two about ... This makes it, according to Berenberg, the most ... Claus Budelmann, managing partner of Berenberg Bank, said: ... Berenberg has gathered more than €600m ($762m) in ... Budelmann has worked at the bank for 43...
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Merrill Lynch Wealth hires duo for Nordic team
Merrill Lynch Global Wealth Management has hired two ... Frode Andersen and Paul Boström join from Icelandic ... They will be based in Luxembourg and report ... The hires follow the addition of financial advisers ... Foldberg said: “We see strong growth potential in...
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FSA commission change will make industry 'unrecognisable'
New rules proposed by the Financial Services Authority ... The Financial Services Authority said it plans to ... Advisers say the changes will have immeasurable ramifications ... Neil Shillito, co-founder and director of SG Wealth ... He said: "The army of one-man-band advisers will...
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Private banks must consolidate systems
Cost-cutting and regulatory pressures will drive much of ... Many private banks will be forced to look ... He said: “The boom years saw staggering growth ... He added: “The opportunity for technology vendors is ... Sally Tennant, head of Lombard Odier Darier Hentsch’s...
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Luxury funds out of fashion as wealthy tighten designer belts
“It’s all about quality, not quantity,” said fashion ... Wealth advisers are telling their clients not to ... Martin O’Hare, group head of discretionary portfolio management ... Swiss private bank Julius Baer’s Luxury Brands fund, ... However, last month the fund underperformed the index....
