All articles by Verdict Staff
Verdict Staff
Generational transfer of wealth reshaping wealth management industry: Temenos study
Transfer of wealth from aging baby boomers to younger generations is reshaping the wealth management industry in ways that demand greater efficiency and adaptation by incumbent firms, according to a new report from Temenos and Forbes Insights.
SYZ Asset Management appoints head of manager research & alternative investments
SYZ Asset Management, a subsidiary of Swiss-banking group SYZ, has hired Cedric Vuignier as head of manager research & alternative investments, and Bertrand Dord as senior analyst.
Multi-family office Pennington Partners launches operations
Pennington Partners, a SEC-registered private multi-family office that serves the complex and comprehensive financial needs of ultra-high net worth families, has commenced operations in the US.
Germanys ??bank migrates to Avaloq core banking system
Frankfurt am Main-based ??bank, the European arm of Türkiye ?? Bankas?, has deployed the Avaloq Banking Suite as its new core banking system.
First Republic Bank hires new CIO for private wealth management business
First Republic Bank, a US-based private bank and wealth manager, has named Chris Wolfe as the new CIO of First Republic Private Wealth Management.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
IGM Financial buys stake in digital wealth advisor Personal Capital
IGM Financial, a Canadian personal financial services firm, has completed a $50m investment in US-based digital wealth advisor Personal Capital.
Investecs wealth & investment unit annual profit rises 9%
Investecs wealth & investment arm has posted an operating profit of £85.7m for the year ended 31 March 2016, up 8.8% compared to £78.8m a year ago, driven by higher average funds under management and solid net inflows of £2.1bn.
Brewin Dolphin H1 pre-tax profit plunges 42%
British wealth manager Brewin Dolphin has reported pre-tax profit of £21.5m for the half year ended 31 March 2016, a 42.2% fall compared to £37.2m a year ago.
Evercore Wealth Management names new managing director
Evercore Wealth Management has appointed Barclays banker Douglas Dewey as its new managing director and financial advisor.
FPI appoints new MD for Singapore operations
Friends Provident International (FPI), a unit of the Aviva group, has named Andrew Waddell as the new managing director for its Singapore arm, replacing Chris Gill.