Countries such as the UK are tightening tax rules for well-off foreigners, while others are competing to offer them a new home
Second-quarter earnings of $1bn missed expectations as hedging costs on floating rate exposure has yet to pay off
Wealth manager beats expectations on profits and inflows and sets new growth targets
New head replaces Philipp Rickenbacher who left in February over Signa exposure
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets with interest rates higher
The sector has expanded from a small number of groups to about 15,000 offices worldwide and an estimated $5.9tn in assets
Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients
Advisers plot ways to ‘Labour-proof’ clients’ finances after landslide victory
Platforms such as ChatGPT can do comprehensive research for low cost but strategies may be found wanting without critical human expert oversight
Some clients are offloading investments fearing a tax hit from a Starmer government, wealth managers say
Geopolitical risks dominate, along with worries about the UK market and the impact of elections
Renewed optimism despite outflows from greener funds
Move builds on long-term strategy by Switzerland’s biggest lender to sell more banking services to ultra-rich clients
In the wake of Consumer Duty, the UK’s wealth managers aim to meet clients’ heightened expectations
From art collections to handbags, the trophy assets that raise cash
Compared with their parents, children often have different expectations when it comes to managing their money
US bank seeks to take share of business from Goldman Sachs and Morgan Stanley
Mixed responses from FT readers about the UK’s biggest wealth manager
Sergio Ermotti says banks must compete internationally as debate rages over direction of country’s financial reforms
Move by UK’s biggest wealth manager reflects increasing scrutiny of sector by financial watchdog
The bank is developing plans for referral bonuses based on a set formula despite opposition in its ranks
These small firms are often the hidden hands that have quietly transformed the country with a wide range of investments
A great wealth transfer will put tens of trillions of dollars into the hands of women
Analysts predict more approaches for UK companies whose stocks lag international rivals’
Winning young clients is critical to future success for private banks and wealth managers
