All articles by Verdict Staff
Verdict Staff
Securities Service Network selects FolioDynamix wealth management technology
Securities Service Network (SSN) has selected the FolioDynamix wealth management technology platform for its rep-directed investment programs.
Credit Suisse to launch new multi-asset product for Japanese HNW investors report
Credit Suisse is reportedly planning to increase the assets under management of its private banking business in Japan by launching a new multi-asset product targeting high-net-worth (HNW) investors.
Global investable real estate to grow by more than 55% to US$45 trillion by 2020: PwC
Rapid urbanisation and demographic changes, especially within emerging markets, will lead to substantial growth in the real estate investment industry over the next six years, according to Real Estate 2020: Building the future, a report from PwC.
AllianceBernstein expands alternatives team
AllianceBernstein has expanded its alternatives team by appointing Michael Conn as new managing director of strategy, operations and development for its Fund of Funds Group.
Ex-UBS banker pleads guilty in US tax evasion case
Martin Lack, a former senior UBS private banker, has pleaded guilty to conspiring to help wealth Americans hide millions of dollars for 17 years in offshore accounts.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
February market sell-offs send affluent investors to sidelines: Spectrem
The volatility that has marked the New Year thus far is making Affluent investors wary of the market, according to a monthly investment preferences survey by Spectrem Group.
First Republic Bank appoints new COO
First Republic Bank, a private bank and wealth management company, has promoted senior executive vice president Mike Selfridge as new COO.
Raymond James lures US$1 million advisory team from Wells Fargo
Raymond James Financial has lured an Illinois-based team of two financial advisors from Wells Fargo that managed nearly US$140 million in client assets.
Axa HK, Singapore appoints new head of HNW Asia
Axa Hong Kong (Life) and Axa Singapore (Life) have appointed David Varley as new head of high-net-worth (HNW) Asia.
FCA fines FXCM UK £4 million for witholding client profits
The UK’s Financial Conduct Authority (FCA) has fined Forex Capital Markets and FXCM Securities £4,000,000 for allowing the US based FXCM Group to withhold profits worth approximately £6 million (US$9,941,970) that should have been passed on to FXCM UK’s clients.