All articles by Verdict Staff
Verdict Staff
Carson Wealth Management acquires Caton Financial
California-based Carson Wealth Management Group has acquired Caton Financial, a San Francisco-based independent financial advisory firm with US$218 million assets under management.
Close Brothers’ AuM reaches £9 billion
Close Brothers Asset Management has hit £9bn in assets under management (AuM) at the end of June 2013, an increase of 1.2% from £8.9 billion on 31 January 2013.
Equiom Group completes acquisition of City Trust
The Equiom Group, an Isle of Man trust and company formation specialist, has completed the acquisition of City Trust, an Isle of Man based trust and corporate services provider.
TD Ameritrade Q3 net income up 20%
TD Ameritrade, a provider of brokerage services to self-directed investors, has reported a net income of US$184 million, or US$0.33 per diluted share, for the third quarter of fiscal 2013, a 19.5% increase compared to US$154 million, or US$0.28 per diluted share, for the previous year period.
Swiss court blocks transferring secret banking data to Italy
A Swiss court has ordered Bern to stop transferring secret banking data to Italy in connection with a money laundering case.
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Standard Life Investments reviews remuneration policy
Standard Life Investments is reconsidering its remuneration policy following the departure of Euan Munro.
Ultra High DIY
Low interest rates, loss in trust in large banks and increasingly international flows of capital and HNW is leading to increasing co-investment and club deals among ultra high net worth investors and wealthy families, particular in low-growth markets. Alison Ebbage talks to a range of experts on where this trend is going and what this means for advisers to the ultra-wealthy
TradeKing to acquire assets of GAIN Capital Securities
TradeKing Group, a provider of online brokerage services, has agreed to acquire the accounts as well as the rights to certain other assets of GAIN Capital Securities, a subsidiary of GAIN Capital Holdings.
EFG International sees 62% surge in H1 net profit
Swiss private bank EFG International has reported net profit of CHF94.9 million for the first half ended 30 June 2013, an increase of 62% compared to CHF58.4 million in the year ago period.
Global built environment wealth tops $193 Trillion: EC Hariss
In its Global Built Asset Wealth Index Report, built asset consultancy EC Harris and London-based Centre for Economic and Business Research put the combined value of all built assets (residential, commercial and civil infrastructure as well as plant and machinery) across 30 nations representing 82% of global GDP at a whopping US$193 trillion in 2012.