In a wide-ranging index, Julius Baer tracks prices and consumer behaviour around the world to gauge the price inflation of a basket of goods and services representative of the HNWI lifestyle in cities around the world. With this, investors can estimate the portfolio returns needed to preserve, or even grow, their purchasing power.
Highvern, a Jersey-headquartered independent fiduciary and fund services provider, has opened a new London office. The firm aims to be highly accessible to its clients and their advisers and believes its new London office will help with that.
Atria Wealth Solutions (Atria), a multi-channel wealth management solutions holding company, has successfully closed the acquisition of SCF Securities, (SCF), an independent wealth management firm based in Fresno, California.
By Mark Corby, Product Manager at intelliflo – With the continued economic uncertainty brought about by the pandemic, there’s never been a more important time for financial advice. I look at how we can widen access to financial advice and encourage greater engagement with financial planning.
IQ-EQ, an Astorg portfolio company, is to acquire Concord Trust Company (Concord), an independent US-based trust company, headquartered in South Dakota and with offices in South Dakota and New Hampshire.
Digital financial services company Alpian, incubated by the Swiss banking group REYL & Cie (REYL), has raised USD18 million (CHF16.9 million) in Series B funding round. The fundraising follows a CHF12.2 million Series A round in 2020.
CNP Assurances and Tikehau Capital launch unit-linked product providing individuals with access to PE in the energy transition sector
CNP Assurances and its partner Tikehau Capital (Paris:TKO), an alternative asset management group, are launching the first private-equity unit-linked product on the energy transition theme, exclusively for CNP Patrimoine customers.
Entrust, a new independent trust service provider led by Managing Director Emma Roberts has launched in Jersey.
Adoption of new technology supports strong valuations for financial advisory firms, but poses significant future risk too
By Sean Page, Partner at Locke Lord – Technology was already an essential tool for the UK’s financial advisory community, but the pandemic has forced advisers to further embrace such innovation as a central way to interact with clients. This in turn has meant firms’ compliance functions have had to get up to speed quickly in order to support the front office.
Following the disruption to process for applying a Lasting Power of Attorney (LPA), as a result of the pandemic, there has been a significant drop in the number registered over the past year.