Dutchman to become external senior adviser to Arta Finance, venture founded by former Google employees
Lender agrees sale of asset manager to Oaktree in deal worth up to £200mn
Firms strike deal to offer model portfolios of alternative assets to rich individuals
Oil-rich emirate draws new name as it seeks to become financial hub to rival neighbouring Dubai
In this edition: collectors driven by passion, not money; wealthy weigh up the tax rules under a new UK government; political donors wielding power at America’s elite universities; why tax havens aren’t always the first choice; next generation of electric supercars gains momentum
There is a tendency to stick with your tribe and vacation only where other wealthy people are
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
