Foreign private bank in unusual foray into China 17/12/2014 Bordier & Cie has partnered with Credit China Holdings, a leading internet financing service provider in China, in what the two call “a strategic collaboration” to provide high net worth clients with personal financial services through internet platforms.
New Abu Dhabi wealth centre selects Hector Sants as adviser 17/12/2014 Sir Hector Sants, who was chief executive of the Financial Services Authority (FSA) from July 2007 to June 2012, is to advise Abu Dhabi on its plans to become a leading offshore financial centre (see thewealthnet 15/12/2014).
Morgan Stanley launches multigenerational e-learning program 15/12/2014 Morgan Stanley Wealth Management has launched an interactive e-learning program designed to help its Financial Advisors better serve clients’ growing multigenerational needs. Known as the Institute of Family Wealth Management (IFWM), the program will provide advisors with the resources required to develop individual relationships into family relationships.
Global wealth platform rebrands 11/12/2014 Acordias, an Isle of Man-based global wealth platform, has rebranded as Ardan International with immediate effect, following its acquisition by independent wealth manager, Rowan Dartington, in April 2014 (see thewealthnet 14/4/2014).
Private equity house launches UK property investment model 11/12/2014 Cogress, a private equity platform giving high net worth consumers access to international real estate investment opportunities, has launched in the UK. With units available from £20,000, the Israeli-backed firm hopes to build on its success in Israel, the US, Canada and Germany by providing lower equity investments in London’s increasingly exclusive property.
Wealth management IT firm forms financial planning advisory board 09/12/2014 Distribution Technology (DT) has demonstrated its “ongoing commitment to the financial planning and wealth management sector” by creating a new Financial Planning Advisory Board. It aims to provide expert and best practice input to the firm’s methodologies and software.