All articles by Verdict Staff

Verdict Staff

Old Mutual Wealth net client cash flows surge 80% in Q1

Old Mutual Wealth said that its net client cash flows reached £1.8bn in the first quarter of 2016, a surge of 80% compared to £1bn in the year-ago quarter.

Schroder Real Estate hires new Nordic investment head

Schroder Real Estate has appointed Eva Granlund as its new head of Nordic investment, based in Stockholm.

Mackenzie Investments gets new president and CEO

Canadian financial services group IGM Financial has appointed Barry McInerney as the new president and CEO of Mackenzie Investments.

LDC opens office in Cardiff

Lloyds Development Capital (LDC), a mid-market private equity house and subsidiary of Lloyds Banking Group, has launched an office in Cardiff, which will be led by Dewi Hughes.

Gap exists between what advisors do and what Americans think they do

According to a survey conducted by Harris Poll on behalf of McAdam knowledge gap exists between what Americans think financial advisors do and the roles that they actually play.

Brown Shipley appoints new private banking head

British wealth manager Brown Shipley has appointed Guy Healey as its new head of private banking.

Paradigm Wealth Management joins LPL Financial’s hybrid RIA platform

Paradigm Wealth Management, an investment advisory and wealth protection firm, has joined LPL Financial’s broker-dealer and hybrid registered investment advisory (RIA) platform.

Wilmington Trust names new SVP and co-manager of wealth advisory arm

American wealth advisory firm Wilmington Trust has promoted Larry Gore to the role of senior vice president and co-manager of its wealth advisory unit.

NAB H1 profit rises 6.5% to A$3.31bn

National Australia Bank (NAB) has posted cash earnings of A$3.31bn for the first half ended 31 March 2016, an increase of 6.5% compared to A$3.10bn in the year ago period.

Barclays to divest 12% stake in Barclays Africa

Barclays has announced plans to offload a 12.2% stake in Barclays Africa to institutional investors.