All articles by Verdict Staff
Verdict Staff
BNY Mellon’s Pershing appoints new CEO
Pershing, a US-based subsidiary of BNY Mellon, has appointed Lisa Dolly as its new CEO, replacing Ron DeCicco.
Advisor Software introduces new white-label robo advisory platform
Advisor Software, a US-based provider of wealth management cloud platforms for financial advisors, has introduced a new white-label robo advisory platform that will allow financial advisors to enter the automated digital advice marketplace.
ING Group underlying net profit jumps 23%
Dutch banking major ING Group has reported underlying net profit of EUR4.21bn for 2015, a 23.2% increase compared to EUR3.42bn in 2014.
Old Mutual Wealth unveils new Lifestyle Trust for flexible inheritance tax planning
Old Mutual Wealth has unveiled a new Lifestyle Trust, which will help clients achieve effective inheritance tax planning with more flexibility.
BNP Paribas wealth arm posts 6.7% rise in Q4 pre-tax income
BNP Paribas’ wealth & asset management arm has registered a pre-tax income of EUR189m for the fourth quarter of 2015, a rise of 6.7% compared to EUR177m in the corresponding quarter of 2014.
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Waddell & Reed partners with Envestnet, Docupace to create integrated advisor platform
Waddell & Reed has entered into a strategic partnership with Envestnet and Docupace Technologies to build a custom platform that will enhance its advisors portfolio management capabilities.
Hargreaves Lansdown net inflows up 23% in H1
British investment manager Hargreaves Lansdown has recorded strong net business inflows of £2.77bn for the six month period ended 31 December 2015, a jump of 23% compared to £2.25bn a year ago.
Nomura asset management arm registers 21% surge in pre-tax profit
Nomura’s asset management business has reported income before income taxes of JPY30.9bn for the nine months ended 31 December 2015, an increase of 21.5% compared to JPY25.4bn a year earlier.
SEIs Institutional Group gets new chief
SEI has appointed Paul Klauder and new head of the SEI Institutional Group, which offers outsourced investment management services.
Profile Software launches new front-end wealth management solution
Profile Software, a Dubai-based financial solutions provider, has launched a new cloud-based wealth management platform called Axia for relationship mangers.