All articles by Verdict Staff
Verdict Staff
TIGER 21 establishes new group in Boston
TIGER 21, a US-based peer learning network for HNWIs, has established a new Boston group, bringing the number of cities across North America with a TIGER 21 presence to 18.
Rathbone Brothers FuM surges 23% in Q4
British wealth manager Rathbone Brothers has revealed that its total funds under management (FuM) at 31 December 2014 were £27.2bn, up 23.6% from £22bn at December 31, 2013.
Ultra wealthy to transfer $16 trillion over next 30 years: Study
At least $16 trillion of global ultra high net worth (UHNW) wealth will be transferred to the next generation over the next 30 years, according to the Wealth-X and NFP Family Wealth Transfers Report. This will be the largest wealth transfer in history, creating a new crop of ultra wealthy individuals.
Preqin and Baxon Solutions form strategic partnership
Preqin and Baxon Solutions have formed a strategic partnership, under which Preqin will take a significant minority stake in Baxon.
IRS launches new services to tackle tax avoidance, detect hidden bank accounts
The US Internal Revenue Service (IRS) has launched a data exchange service to enable foreign financial institutions that are following the US Foreign Account Tax Compliance Act (FATCA) share client data in encrypted format.
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Cetera Financial enters into strategic partnership with BOK Financial to expand trust capabilities
Cetera Financial Group, a network of independent broker-dealer firms, has entered into a strategic partnership with BOK Financial Corporation (BOK Financial) to offer expanded trust services to its affiliated financial advisors and support clients with multi-generational family planning.
Australian Unity completes acquisition of Premium Wealth
Financial services group Australian Unity has completed the acquisition of 97% of financial planning dealer group Premium Wealth Management following shareholder approval.
Malvern Federal Savings Bank partners with Bell Rock Capital for wealth management
Malvern Federal Savings Bank, a wholly owned subsidiary of Malvern Bancorp, has formed a strategic partnership with Bell Rock Capital, a Delaware-based investment advisory firm to provide wealth management products and services to its clients.
Aviva Investors hires new global sales head
UK-based Aviva Investors has hired former Standard Life Investments institutional head Louise Kay as its new global head of sales.
Ex-Julius Baer bankers trail resumes in WikiLeaks data leak case
The trial of former Julius Baer banker Rudolf Elmer, who has been accused of breaching Swiss banking secrecy laws by handing over confidential data about offshore clients to WikiLeaks, has resumed after Elmer collapsed outside the courtroom in Zurich last month.