All articles by Verdict Staff

Verdict Staff

Advisors see Fed rate hike as possible trigger for downturn: SEI

After nearly six years of solid growth, financial advisors and investors are reporting a feeling of increased anxiety about a potential market slowdown in the months ahead, according to an SEI survey of 125 financial advisors.

Northern Trust bolsters its Wealth Advisory Services group in New York

Northern Trust has strengthened its Wealth Advisory Services group, which specializes in serving HNW clients, in New York by hiring Paul Lee as senior regional wealth advisor.

What does a successful financial and legal support network for HNWs look like?

Greg Harris, senior investment manager at Maitland, explores what a successful financial and legal support network for HNWs currently looks like

Vontobel Wealth Management appoints new Asia Pacific COO

Vontobel Wealth Management Asia Pacific, a division of Swiss lender Vontobel, has named Michael Haupt as its new chief operating officer (COO).

Rothschild appoints director for Manchester wealth management unit

Rothschild has hired Peter Hindle as the new director for its wealth management business in Manchester.

Wells Fargo Asset Management rolls out new emerging markets share class

Wells Fargo Asset Management (Wells Fargo AM) has introduced a new share class of the Wells Fargo (Lux) Worldwide Emerging Markets Equity Income fund for UK investors.

Russian President signs law on offshore capital amnesty

Russian President Vladimir Putin has signed a law on offshore assets amnesty allowing Russians to voluntarily declare foreign assets and bank deposits.

Two more Swiss banks agree to pay US multimillion-dollar penalties

Two more Swiss banks, Société Générale Private Banking (Suisse) (SGPB-Suisse) and Berner Kantonalbank (BEKB), have reached resolutions under the US Department of Justice’s (DoJ) Swiss Bank Program.

RBC Wealth Management poaches financial adviser from Merrill Lynch

RBC Wealth Management, a unit of Royal Bank of Canada, has hired Merrill Lynch’s financial adviser Kurt Kharouf.

Old Mutual to further slash stake in its US asset management arm

The Anglo-South African insurance firm Old Mutual is preparing to further slash stake in OM Asset Management (OMAM), the company asset management unit in the US.