All articles by Verdict Staff
Verdict Staff
Sunset clause brings income worries for advisers: Intelliflo
With one year to go until trail commission is switched off, a survey with 196 users of Intelliflos adviser-specialist software, Intelligent Office (iO) has found that trail commission remains an important aspect of business income for 93% of them.
EFG International names MD for Eastern Europe and Russia
Swiss private bank EFG International has appointed Michael Vlahovic as the managing directors for private banking in Eastern Europe and Russia.
HighTower lures $750m team from Morgan Stanley
HighTower Advisors has added a California-based Bahnsen Group, an eight-member team which managed about $750m in assets at Morgan Stanley.
Canaccord Genuity appoints new CEO
Canadian financial company Canaccord Genuity has named David Kassie as its new chief executive with immediate effect, following the death of its president and chief executive Paul Reynolds.
FSCS pays out £13m in compensation claims
The Financial Services Compensation Scheme (FSCS) has reportedly paid out almost £13m in compensation claims against four failed Sipp advice firms.
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Ameriprise hires advisors with $261m client assets
Ameriprise Financial, a diversified US financial services company, has recruited three advisors collectively managing client assets worth $261m.
Baring Asset Management names sales head for Asia ex-Japan
Baring Asset Management has named Edmund Chong as its new head of sales, client service and business development – distribution, Asia ex-Japan.
Berkshire Hills Bancorp expands Albany private banking and wealth management services
Berkshire Hills Bancorp has expanded its private banking and wealth management services in the Capital Region of New York through the addition of two experienced managers.
Lonsec rolls out product rating tools for financial advisers
Lonsec has rolled out a new suite of product rating tools for financial advisers, named BIOmetrics.
UBS to open technology lab in London
Swiss banking giant UBS is planning to open a technology lab in London to explore and experiment on the utility of blockchain technology in financial services industry.