All articles by Verdict Staff
Verdict Staff
Independent advisors bullish about their business, study
The 12th semi-annual Independent Advisor Outlook Study released by Charles Schwab Advisor Services has revealed that in the wake of nearing elections, registered investment advisors (RIAs) are bullish about their business, though are bearish about the markets and economy.
Technology requirements grows among wealth management firms, report
A new report from Aite Group has revealed that wealth management firms are increasingly adopting outside technology, though selectively.
Singapore to penalize tax offenders
The Monetary Authority of Singapore (MAS) has said that it will designate a broad range of serious tax crimes as a measure to protect Singapore’s reputation as a trusted international financial centre, as money laundering predicate offences from 1 July 2013.
Investor for Securities Company launches Safa Investment Service
Saudi Arabia-based Investor for Securities Company (The Investor) has launched Safa Investment Service, an Islamic wealth and asset management brand.
RBC Wealth Management appoints private client director in Singapore
RBC Wealth Management, part of Royal Bank of Canada, has appointed Lionel Choi as new private client director in its Singapore-based trust office.
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Global household wealth falls due to euro crisis, report
The third annual Global Wealth Report 2012 released by Credit Suisse Research Institute has revealed that the global household wealth has fallen 5.2% to US$223 trillion, citing economic uncertainties of the past year.
Societe Generale Private Banking appoints COO
France-based Societe Generale Private Banking has appointed Jean-Pierre Flais as its new COO, with immediate effect.
IFA Steve Laird eyeing acquisitions in Scotland
Ireland-based independent financial advisor (IFA), Steve Laird, is looking to expand in Scotland through potential mergers and acquisitions, FTAdviser reported.
BMO Global appoints head of wealth management products for Asia
BMO Global Asset Management has appointed Amit Prakash as the head of wealth management products for Asia.
Abundance of liquidity declines downside risk to global economy: study
The flood of liquidity coming from global central banks has lowered the downside risk for the global economy, according to Standish Mellon Asset Management Company LLC, the fixed income specialist for BNY Mellon.