All articles by Verdict Staff
Verdict Staff
deVere Group to open new offices in Europe and US
The deVere Group, a UK-based independent financial advisory (IFA) firm, has said that it will open new offices in the US and three European countries, as part of its global expansion strategy.
Barclays Wealth UHNW & Family office team strengthens
Barclay Wealth, which has been building its UHNW & Family office team since the end of 2010, has appointed Rupert Howard as Senior Portfolio Manager.
Morgan Stanley sells British wealth management business to Bridgepoint
Morgan Stanley has agreed to sell its British wealth management business, Quilter, to buy-out house Bridgepoint, for over GBP170 million.
Brooks Macdonald AUM crosses GBP3 billion mark
Brooks Macdonalds discretionary asset under management (AUM) stood at GBP3.2 billion on 31 December 2011, an increase of 11% compared to GBP2.9 billion that the firm held at the end of 30 September 2011.
The Family Office pinning high hopes on Gulf region
The Family Office (TFO), a Bahrain-based provider of investment advisory and financial planning services to high net worth individuals (HNWI), believes that there around 10,000 families in the Gulf region who are in need of its services.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Advisors mistakenly classifying their practices as financial planning, says survey
Majority of advisors are mistakenly self-identify themselves as financial planners, when the services they provide fall more into investment planning category, according to new a survey by research firm Cerulli.
Weiser Capital Management rebranded as WeiserMazars Wealth Advisors
WeiserMazars, a US-based accounting and advisory firm, has rebranded its independent, full-service wealth advisory firm Weiser Capital Management as WeiserMazars Wealth Advisors.
European Parliament rings alarm bell on closer Economic Union deal
European Parliament again sounded the alarm about possible pitfalls for the intergovernmental agreement currently being negotiated on closer economic union. Its resolution voices overwhelming doubts as to the need for any such agreement outside the EU system.
SEC advisory panel urges the agency to ease rules on pitches to wealthy investors
A Securities and Exchange Commission advisory panel, known as SEC’s committee on small and emerging companies, has called on the agency to relax or modify the general solicitation ban that limits potential investors to those that have a prior relationship with a startup.
Citi Private Bank predicts opportunities for 2012 despite prevailing global meltdown
Despite increasing concerns about the solvency of some of the world’s largest economies, a festering European sovereign debt crisis and slowing global growth, the current risk environment continues to provide opportunities that stand out from the dark outlook, says Citi Private Banks newly released investment outlook for 2012.