All articles by Verdict Staff
Verdict Staff
Nearly 70% of investors use a financial advisor to some extent: Spectrum
From Spectrems research Asset Allocation, Product Ownership and Perceptions of Providers, among millionaire investors with a net worth between $1 million and $5 million, 70% of investors use a financial advisor to some extent, but a majority of those are Advisor-Assisted or Event-Driven, using advisors only for advice.
IOMA introduces estate planning scheme, Legacy Gift Plan
IOMA Group, an Isle of Man-based wealth management firm, has launched an estate planning scheme, named Legacy Gift Plan, which is aimed at regulating the client wealth distribution to child beneficiaries under the age of 18.
Liechtensteinische Landesbank to introduce new pricing structure for investment transactions
Liechtensteinische Landesbank (LLB) is planning to introduce a retrocession-free and new pricing structure for its own and third-party funds.
OmniArch Capital signs distribution deal with Privest Wealth Management
OmniArch Capital (OmniArch) has announced that they will now offer investment opportunities through Privest Wealth Management, a Canadian exempt market dealer.
Mattioli Woods strengthens proposition with rebrand
Mattioli Woods has announced the integration of two of its subsidiaries, who will be taking the companys name.
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Towry in race to buy Broadstone Pensions and Investments
UK-based financial institution Towry is reportedly among the private equity firms bidding for Oakley Capital’s national IFA Broadstone Pensions and Investments.
Citi Securities registers as foreign portfolio investor in India
Citi Securities Services has registered as a foreign portfolio investor (FPI), under the SEBI (Foreign Portfolio Investors) Regulations, 2014.
Equiniti agrees to purchase Selftrade’s assets
UK-based Equiniti has signed an agreement to acquire Selftrade’s assets including customer portfolio for an undisclosed sum.
Canadian equity funds fall flat in May, Morningstar Canada data show
The rally in natural resources equities that has been the driving force behind Canadian equity funds performance since the start of 2014 took a breather during the month of May, leading to flat results, on average, for domestic equity funds.
Fidante Partners to shut down its global equities house
Five Oceans Asset Management, the global equities arm of Fidante Partners, is set to cease operations in July 2014 after more than eight years in business.