All articles by Verdict Staff
Verdict Staff
Barclays hires market head for Hong Kong
Barclays has appointed Rickie Chan as market head to the wealth and investment management division of its Hong Kong unit.
FSA bans and fines IFA GBP60, 000
The Financial Services Authority (FSA) has fined Patrick Francis ODonnell of P3 Wealth Management Limited (P3) GBP60, 000 for advising his clients to invest in Unregulated Collective Investment Schemes (UCIS) and other non-mainstream investments, when these products were clearly unsuitable.
System Research joins HWM’s AdvisorLink Program
System Research, LLC has joined the Halbert Wealth Management, Inc.’s (HWM) AdvisorLink Program, which features a collection of active investment strategies offered by independent, third-party money managers.
Wealth Advisory Group opens Albany unit
New York City-based wealth management firm, Wealth Advisory Group has opened its new unit in Albany, New York, and expects also to double the size of its new office by the end of 2012.
SEC charges Phoenix-based investment advisor and firm with fraud
US-based Securities and Exchange Commission (SEC) has charged a Phoenix-based investment adviser and his firm for having recommended investments without telling clients about his personal stake and for exploiting a client who was buying an ownership share in the firm.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Strong usage of alternative investments among institutions and financial advisors, survey
A recent survey by Morningstar, a provider of independent investment research, and Barron’s, the financial magazine published by Dow Jones has revealed that there is continued strong usage of alternative investments among institutions and financial advisors, though the growth is slowing.
Sanlam acquires client bank of Camilleri & Associates
UK-based financial planner Sanlam Private Wealth has acquired the client bank of the IFA firm Camilleri & Associates.
SEC fines Miami hedge fund advisor for misleading advisors
The Securities and Exchange Commission (SEC) has charged a Miami-based hedge fund adviser for deceiving investors about whether its executives had personally invested in a Latin America-focused hedge fund.
Barclays launches structured product platform for UK market
Barclays has launched a wealth management platform called Comet that aims at pricing, trading and executing structured investments.
Noor Islamic Bank launches two wealth management investment products
UAE-based Noor Islamic Bank has launched two unique structured wealth management investment products, which offers clients an exposure to a diverse range of Asset Classes while minimising their risk through one structured deposit.