Due diligence, defined as the detailed examination of a company and its financial records, carried out before becoming involved in a business arrangement, is a constant feature of wealth management. Technology firms say they're making it easier, cheaper, and faster.
The volatility caused by the pandemic has hurt a swathe of sectors and benefitted others, such as internet-based working tools, forms of medical services and food logistics. In Europe family offices are significant owners of such businesses - what has been the gain to their bottom line?
Dermot Corrigan is CEO of smartKYC, a firm taking a truly multi-faceted approach to client screening. Here, he explains why wealth managers are missing out by focusing overmuch on “red flags” – when in fact they can make KYC a competitive advantage by ensuring relationship intelligence is fully leveraged throughout the client lifecycle.
A new study points to how multi- and single-family offices in the US and Europe think about the current extraordinary economic situation, long-term investment ideas and how people have adjusted their daily working arrangements.
We continue to look at the role of family offices and where service approaches are changing through different practitioners eyes. Here we talk to senior figures from Stonehage Fleming multi-family office.
The firm, rebranded last year, said it has "grand plans" to ramp up its global private wealth offering, pointing to further competition in this segment of the industry.
The new rules that came into force at the start of 2018 produced a lot of commentary and reaction. One important feature is the requirement for firms to inform clients if their portfolios fall by more than 10 pe...
.jpg)
Greg Davies, head of Behavioural Finance at Oxford Risk, explains why wealth managers must resist the temptation to focus on user experience at the expense of a sound methodology in risk-profiling – and why th...
Proving that business marches on, be it in on a pending timeframe, Vontonbel is expanding its wealth management services to a new office in Milan, tapping a senior Credit Suisse figure to lead growth. ...
In a "collaborative de-merger," and a signal perhaps of how current upheavals are adapting business thinking, Owl Private Office is carving its family office services into two separate entities focused on intern...
The CEO is stepping down later this year, as previously reported. He comes from Ticino, the southernmost Swiss canton which is coping with the most serious coronavirus epidemic in the Alpine state. ...
Ralf Huber is Co-Founder of Apiax, a regtech focused on transmuting complex regulations into digitised compliance rules. Here, he outlines the dangers of compliance becoming a “black box” and explains how a ...
With some parts of wealth management there's a "race to the bottom" on fees while firms are also trying to prove their added value propositions, including those alternative investment areas such as private credi...
Tom Wooders is Head of Sales, Clearing and Wealth Solutions at GPP, which provides wealth platform, execution, settlement and custody services to a broad spectrum of financial institutions. In this exclusive int...
Stig Olsen, Senior Director of EMEA and APAC regions at SS&C Advent, explains in this exclusive interview why wealth managers are increasingly deciding they can no longer live with the barriers legacy technology...
Winners of the recent WealthBriefing Swiss Awards in Geneva spoke to this publication about their success, and here's a collection of videos of these interviews. ...