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Legal and regulatory costs lead to 45 percent profit drop at EFG International 25/02/2015
EFG International celebrates its 20th anniversary this year with an annual increase in operating income. However “exceptional legal and regulatory expenses” cause IFRS net profits to plummet by 45 percent.

Jonathan Fry to launch multi-family office 24/02/2015
More than 30 years since the launch of his eponymous financial planning and investment management firm, Jonathan Fry has departed jonathanfry plc to focus on a new multi-family office.

Ex-Brewin Dolphin head to lead Hargreave Hale in Norwich 23/02/2015
Hargreave Hale has continued its ongoing regional expansion plans with the launch of a new Norwich office.

Wealth-X acquires Ledbury Research 19/02/2015
Wealth-X has bolstered its wealth intelligence offering with the acquisition of Ledbury Research.

Rathbones' funds under management up 24 percent 19/02/2015
Investment management firm Rathbones has celebrated an annual growth in funds under management of 24 percent, despite 2014 being a “challenging year”.

'Fair, transparent and flexible' – newly formed UK firm on bringing the best elements of wealth management sector to one firm 18/02/2015
The founders of London-based Lincoln Private Investment Office are aiming to use their experience to build a firm that takes the best elements of the existing wealth management models. The business was set up last year by Ross Elder, Fred Hervey and Becky Robbins who take on the roles of managing partner, chief investment officer and chief operating officer at the new firm respectively (see thewealthnet 24/11/2014).

Julius Baer revises Eurozone projections upwards 17/02/2015
Julius Baer has increased its Eurozone predictions for 2015 after noting “higher-than-expected” Q4 2014 GDP reports.

Brooks Macdonald doubles Managed Portfolio Service with five new profiles 17/02/2015
Brooks Macdonald Asset Management (BMAM) has launched five new risk-rated, segregated investment portfolios within its Managed Portfolio Service (MPS).

Smith & Williamson records strong interim figures within investment management division 16/02/2015
Smith & Williamson has registered record high interim results for the six months to 31 October 2014.

More ambitious plans for Rowan Dartington – CEO interview 16/02/2015
Rowan Dartington has had a year full of “incredible change”, and Graham Coxell, the firm’s executive chairman, told thewealthnet that the firm is going to grow further in terms of assets - having reached the £1 billion mark in 2014 – as well as expanding other areas of the business.

 
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