All articles by Verdict Staff

Verdict Staff

CFTC files action to revoke registration Prestige Capital Advisors

The US Commodity Futures Trading Commission (CFTC) has filed a Notice of Intent (Notice) to revoke the registration of Prestige Capital Advisors of Charlotte, North Carolina, as a Commodity Trading Advisor (CTA).

Princeton Equity Partners opens office in Austin

Princeton Equity Partners, an independent full-service financial firm has opened its Austin, Texas, office to expand its growing money management business.

Prime Value Asset Management secures SIV approval in Australia

Prime Value Asset Management has secured the Significant Investor Visa (SIV) program approval in Australia.

Turkey witnesses FDI inflow of US$14 billion in 2012

Turkey witnesses FDI inflow of US$14 billion in 2012

Banyan Partners acquires Rushmore Investment and Holt-Smith Advisors

Banyan Partners, a Florida-based wealth management firm, has agreed to acquire Texas-based Rushmore Investment Advisors and Wisconsin-based Holt-Smith Advisors.

HSBC rehires regional head of strategy in Asia

HSBC Private Bank has rehired Benjamin Pedley to be their new regional head of investment strategy in Asia. Pedley previously left HSBC last December and returned to Australia for personal reasons. In his new role Pedley will deliver investment strategies to clients in the North and South East Asia regions.

Treasury Group profit surges 54% in fiscal 2013

Treasury Group, a provider of funds management services in Australia, has reported a 54% rise in its net profits to A$10.4 million for the fiscal year ended 30 June 2013, compared to A$6.7 million for the fiscal year 2012.

AFH Financial raises £2.8 million to fuel acquisition drive

AFH Financial Group, a UK based independent financial advisory and discretionary wealth management firm, has raised £2.8 million to fund its acquisition strategy.

Kleinwort Benson Hires Head of Charities

UK wealth manager Kleinwort Benson has hired Gemma Woodward as their new head of charities based in London. Woodward’s new role comes as the culmination of over ten years working with charities and non-profit organisations.

BNY Mellon to shut down wealth management office in Ligonier

Bank of New York Mellon Corp will shut down its wealth management office in Ligonier on 15 November 2013, one of two such offices remaining in this region, according to Tribune-Review.