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The research reveals a lack of confidence in the existing business model with over 39% of advisers feeling the primary value delivered by the firm to clients was through the personal relationship they offer, while only 17% felt their knowledge and qualifications was of greatest value.
Investment Summit will be held on 6th February 2013 at the The Balmoral Hotel in Edinburgh.
Numerous studies show that most active managers fail to deliver “alpha” over time net of fees. And yet investors continue to pay high fees for active management. This article asks why investors persist in such seemingly irrational behavior. As long as active managers can keep on charging high fees,
The last two years have seen profit margins for wealth managers squeezed. Advisers have seen their fees from product providers fall from an average of 150bps to 100bps and fees are predicted to continue falling by another 25bps in the near future. The decreasing growth rate within the UK market
Predicting the next mis-selling crisis has always been a difficult task and FSA have accepted that they will never achieve this. Instead, they are opting for a more aggressive and interventionist model which seeks to prevent major mis-selling scandals in the future.
Merrill Lynch Wealth Management's weekly update provides a summary of European and American market developments. Plus the latest asset class ratings and forecasts, gold market trends and macroeconomic trends.
The journey to the Mass Consumerisation of personal wealth management has been accelerated. In our own interests, we need to know why this is happening, what it means for us all, and how we can make change work for us, rather than against us. Find out more.
Despite being unremarkable in terms of general legal significance, the Weavering case provided a perfect opportunity to illustrate how not to be a fund director. This briefing from Harneys outlines how the judgment provides a clear common sense guide on what to avoid.
As of 31 March 2012, certain non-US investment advisers will be required for the first time to be registered with the US Securities and Exchange Commission under the Investment Advisers Act of 1940. DLA Piper outline the three main exemptions from registration and the implications of registration.
In January 2012, the FSA issued a discussion paper on the implementation of the Alternative Investment Fund Managers Directive. This briefing from Bingham McCutchen sets out a summary of the principal issues affecting third country fund managers seeking to market funds within the European Union.
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