Archive for November, 2015

Independent Broker-Dealer Money Concepts Announces Keynote Speaker Lineup for …

Independent Broker-Dealer Money Concepts is pleased to announce keynote speakers for upcoming Annual Planning Conference.

(PRWEB) November 26, 2015

Wealth management and financial planning firm Money Concepts welcomes over 200 of their top advisors to Hollywood, FL for their Annual Planning Conference. The four-day conference objective focuses on the sharing of “Best Practices” among leading industry experts, top producers and product experts.

Money Concepts President and CEO Denis Walsh says, “We believe that quality education is critical to the success of our advisors and to the financial services profession. Our conference agenda reflects our culture of sharing within our network of financial professionals.”

Industry Expert Keynote Speakers include:

Nick Murray – One of the industry’s premier speakers and the author of eleven books for financial services professionals. His book for clients, “Simple Wealth, Inevitable Wealth”, is among the most successful privately published books of the last dozen years. Nick also publishes a monthly newsletter and “spot coaching” service for advisors.

Gary Bailey- Former soccer star for Manchester United, Gary Bailey will share his insights on “Business Success Under Pressure”. Inducted into Speakers Hall of Fame (SA) in 2010, Gary has worked around the world to help leaders and their teams perform better and thrive under the pressures of today.

Michael Roby – Author of “The Ultimate Small Cap Business: Building a Financial Advisory Practice”. Michael Roby is one of America’s leading sales and marketing coaches in financial services. Today Michael shares his expertise with professional service providers, including financial institutions, broker-dealers, insurance companies and financial product distributors.

In addition to a great line-up of speakers, attendees will enjoy technology workshops, panel discussions from product companies and continuing education sessions. This event is one of many programs hosted by Money Concepts throughout the year to benefit their national network of financial professionals.

About Money Concepts

Money Concepts Capital Corp. is a privately owned independent broker-dealer and dually registered as a Registered Investment Advisor based in Palm Beach Gardens, FL. Established in 1979, and its parent company Money Concepts International, Inc. has a network of approximately 700 financial professional’s centers nationwide.

In addition to serving independent advisors, Money Concepts provides turn-key wealth management services for community banks, credit unions and tax professionals. Money Concepts advisors provide holistic planning and offer a full array of non-proprietary products and services including advisory and alternative investment services.

For more information visit and follow us on Facebook, LinkedIn and Twitter.

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Thursday, November 26th, 2015 EN No Comments

UMB Private Wealth Management: Ready for What Comes Next

As the sun sets on 2015 and another year is upon us, UMB Private Wealth Management advisors are ready to help clients evaluate their financial lives and plan for the future.

Phillip Klevorn, senior VP and regional manager of UMB Private Wealth Management – St. Louis, says this is an opportune time to ask your wealth advisors important financial questions, including: “Were my priorities met in 2015?” and “As I look forward to 2016, what do I want to accomplish, and are there changes in my priorities?”

UMB wealth advisors can help answer these questions by first determining the client’s priorities. “We really believe this should be done by incorporating the decisions of the whole family and establishing a mission statement around the client’s finances,” Klevorn says. “Use this time during the end of year to find your mission and core beliefs about how your family views its money and what its priorities are.”

Major life events will drive or change priorities that will affect the family’s financial plan. UMB recommends clients complete a checklist to determine what’s different about their priorities:

• Have I changed jobs or retired?

• Have I gotten married?

• Have I had children?

• Have my children started college?

• Have I purchased a house, or am I planning to move soon?

Based on those priorities, UMB wealth advisors help families establish an investment plan, Klevorn says. “There are three key factors in this plan: retirement saving, education spending and health care spending.” Clients should ask themselves what 2015 was like in terms of these factors and how they can plan for them in the new year, he adds. “It’s about figuring out where the client wants to be, and pooling resources and making sure they are deployed in the right manner to reach the goals of their plan.”

Clients also should consider charitable contributions. “Discuss how your family wants to allocate its charitable inclinations – money, time and focus,” Klevorn says. “This meshes in with the family mission statement.”

While it’s important to have a financial plan, Klevorn says it’s also crucial for clients to periodically sit down with their families and wealth advisors to tweak or overhaul that plan based on changes in their lives. “Clients who engage with their wealth advisors during this end-of-the-year period are going to be more successful in reaching their future goals.”  

Retirement Planning | Education Planning | Portfolio Review | Establish/Evaluate Priorities | Cash Flow

 314-612-8048 |


Thursday, November 26th, 2015 EN No Comments

Building a Strong Singaporean Core for Wealth Management

Singapore, 25 November 2015 – The Wealth Management Institute (WMI) and Singapore Management University (SMU) are proud to announce that the Master of Science in Wealth Management (“MWM”) will now be aligned with the IBF Standards. The MWM already covers the whole value chain of processes, products and services related to wealth management. With this enhancement, MWM now also covers industry-defined competencies as spelt out under the IBF Standards, such as client acquisition and servicing skills, investment and wealth planning advisory as well as risk controls and monitoring processes. The MWM will now allow participants to also receive the industry certification issued by The Institute of Banking and Finance (IBF).

The MWM programme was developed 11 years ago by SMU, WMI and senior industry practitioners to contribute to Singapore’s need for deep talent in wealth management. It was then, the first ever Master’s programme in the world specialising in wealth management. Today, the programme is ranked 1st in Asia and 3rd in the world, just behind London Business School and University of Cambridge’s Judge Business School, in the Financial Times Masters in Finance post-experience ranking 2015.

The MWM achieves yet another milestone by being the first and only Master’s programme to offer training that is accredited against the IBF Standards advanced level for private banking. This will allow existing wealth managers attending MWM to obtain a deep mastery of both the academic and applied aspects of investment and wealth management.

The MWM will also incorporate the Client Advisor Competency Standards (CACS) assessment, which is required for entry into the private banking industry. Thus, for aspiring new entrants to this industry, MWM will ensure he or she is fully trained and job-ready for wealth management.

Participants of MWM may enjoy funding support under the Financial Sector Development Fund (FSDF) administered by the Monetary Authority of Singapore (MAS). Singaporeans and Permanent Residents of Singapore (PRs) will be eligible for subsidy under the IBF Standards Training Scheme (“IBF-STS”) on the IBF accredited component within MWM. Subject to participants meeting all eligibility criteria, after eligible funding subsidy, MWM fees will be S$37,600 for Singaporeans and Singapore PRs, instead of the full MWM fees of S$60,000.

Furthermore, MWM is on the approved list of programmes supported and eligible for the MAS Financial Scholarship Programme (FSP). As such, Singaporeans who pursue studies in MWM may also apply for the FSP. Candidates will undergo a selection process and those who are awarded the FSP scholarship will receive 70% funding on the full MWM fees of S$60,000.

Mr Leong Sing Chiong, Assistant Managing Director of the Development and International Group, MAS, said, “Singapore’s continued growth as a financial centre ultimately hinges on its people. Through the MWM programme, WMI and SMU have contributed to the development of a strong and deep talent pool to sustain the growth of our wealth management industry. The alignment of the MWM to the IBF Standards reaffirms the strong commitment of both institutions towards helping wealth management professionals achieve the highest levels of skills and expertise that will enable them to excel in their job roles.”

The MWM offers unique benefits and experiences. Over the years, MWM participants have hailed from 22 countries and they consist of existing professionals in leading banks, asset management and financial institutions, central bankers and regulators from Singapore and the region as well as aspiring individuals looking to join the wealth management industry. This creates a valuable network between the private and public sector and between Singapore and the rest of the world.

Furthermore, WMI partners the industry to provide internship opportunities at leading financial institutions (FIs) and special study visits to top private banks, asset management and hedge fund firms as well as sovereign wealth managers in Singapore, Switzerland and USA. MWM participants also receive lectures delivered by senior leaders of the industry and they are brought to the Swiss Finance Institute in Switzerland and Yale School of Management in USA to learn from the best.

Ms Foo Mee Har, CEO of WMI, said, “Supporting Singapore’s SkillsFuture movement, the enhanced MWM is the epitome of lifelong learning in wealth management. The Master’s programme ‘twin’ qualifications will enable wealth managers to build deep skills and expertise in Wealth Management, whilst helping aspiring managers to be fully job ready with the necessary industry qualifications. In enhancing MWM with WMI’s IBF accredited programme for private banking, we have made MWM truly the best programme for wealth managers. Over the years, MWM has produced many promising and successful local and regional talents and today, with this latest enhancement, MWM is now in an even stronger position to do so.”

Upon graduation, participants will receive a Master of Science in Wealth Management degree from SMU and certification from WMI, IBF, Swiss Finance Institute and Yale School of Management.

Professor Gerry George, Dean of Lee Kong Chian School of Business and Professor of Entrepreneurship and Innovation at SMU, said, “With the strong collaboration with WMI and the latest incorporation of the high industry standards of IBF and CACS, SMU’s MWM programme is now unparalleled in wealth education. The progressive steps taken with industry leaders further strengthen SMU’s advantage as the leading provider of wealth management education. MWM’s academic rigour has already been proven with global recognition from consistently high rankings by Financial Times and having diverse students from across industries and the world. As the centre of global wealth shifts towards Asia, the programme enhancements are a major leap in significantly enhancing graduates’ job prospects and pushing the frontiers of global investing, to produce more talented professionals to manage the abundant wealth in Asia.”

With the strong support from MAS, IBF and the wealth management industry, WMI and SMU have enabled the MWM programme to become the most attractive choice for more Singaporeans and PRs to deepen their competencies in wealth management. The rapid growth of the wealth management industry continues to create vast opportunities for specialised talents and the MWM is well placed to meet this need by building a strong Singaporean core of wealth managers and leaders for Singapore and the region.

To find out more about the MWM, please see below or visit or

About the MWM Programme
The MWM programme is offered by Wealth Management Institute (WMI) and SMU in close collaboration with the Swiss Finance Institute (SFI) in Switzerland and the Yale School of Management (SOM) in the USA. It was launched in 2004 as Asia’s first and only full-time master’s programme in wealth management, and the first specialised one in the world. The programme combines theory and practice, and covers the whole chain of processes, products and services related to wealth management. Besides the latest incorporation of the Institute of Banking and Finance Singapore (IBF) Standards and the Client Advisor Competency Standards (CACS), the programme is also associated with the CFA Institute and CAIA. It is designed collectively by academic professors and industry professionals, and regularly updated to incorporate industry developments. Participants have the opportunities for exposure and immersion through vast learning activities and interactions with industry professionals in Singapore and overseas. To date, more than 480 participants have graduated from the programme.

About IBF Standards
The Institute of Banking and Finance Singapore (IBF) is currently the national accreditation and certification agency for financial industry competency in Singapore under the IBF Standards (previously the Financial Industry Competency Standards or FICS). The IBF Standards represent a set of competency standards developed by the industry, for the industry. It provides a practice-oriented development roadmap for financial sector practitioners to attain the necessary training to excel in their respective job roles. Covering 13 industry segments spanning more than 50 specialisations, the IBF Standards offers a comprehensive suite of accredited training and assessment programmes to guide a financial sector practitioner from licensing examinations on through to professional certification.

About WMI
The Wealth Management Institute (WMI), a member of Temasek Management Services (TMS) — a fully-owned subsidiary of Temasek Holdings — is Asia’s first centre of excellence for wealth management education. Established in 2003 with the support of Temasek and GIC, WMI combines academic rigour with a practical focus to offer best-in-class wealth management training taught by a faculty of distinguished industry-based practitioners and thought leaders. Through partnerships formed with over 60 industry players, including private and consumer banks, asset and fund management companies, leading financial organisations and top business schools, WMI aims to help individuals raise their wealth management competencies and contribute to the growth of the industry in the

About SMU
Singapore Management University (SMU) is internationally recognised for its world-class research and distinguished teaching. Established in 2000, SMU’s mission is to generate leading-edge research with global impact and produce broad-based, creative and entrepreneurial leaders for the knowledge-based economy. SMU education is known for its highly interactive, collaborative and project-based approach to learning, and for its technologically enabled pedagogy of seminar-style teaching in small class sizes. Comprised of six schools specialising in Accountancy, Business, Economics, Information Systems, Law and Social Sciences, it offers a wide range of bachelors’, masters’ and PhD degree programmes and is home to 9,300 students. With an emphasis on generating relevant multi-disciplinary research that addresses Asian issues, and being Singapore’s only university in the city, SMU enjoys strategic linkages with business, government and the wider community through its research institutes, centres and labs.

The press release is issued by WMI and SMU.

For media queries, please contact:

Jalyne Chan (Associate Director at WMI)
Office: +65 6828 6957

Charlene Liew (Assistant Director, Corporate Communications at SMU)
Office: +65 6828 0020

Reputation Management Associates
John Lim (CEO at Reputation Management Associates)
Office: +65 6298 2520/ +65 9756 3582


Wednesday, November 25th, 2015 EN No Comments

Two out of five wealth managers fear robo-advice

Two out of five UK wealth managers view robo-advice as a threat to their business, a survey conducted by Vanguard suggests.

The research, which surveyed 70 wealth managers, found although 40 per cent of respondents admitted they were concerned about the impact of robo-advice, an equal number said it offered the potential for more efficiency.

They saw robo-advice as an opportunity to attract new clients to their business in the next five years.

Just 7 per cent said it would have no impact on their business.

It is not the first time that advisers have expressed apprehension over robo-advice. At a recent event in London, FT Adviser reported on how Samantha Seaton, chief executive of technology provider eValue, said: “You will always have a tension whereby traditional advisers are going to feel alienated and threatened by robo-advice and that is perfectly natural.”

Additionally, commentators and members of the FinTech community feel that although robo-advice is growing, it’s impact will not be threatening until it develops its human element.

At a recent robo-advice conference in London it was predicted by consulting firm AT Kearney that about US$2trn (£12trn) will be managed under ‘robo-advisers’ in the US by 2020.

Janine Menasakanian, head of wealth for Vanguard’s UK business, said: “The advent of the robo-advice age is creating significant hype and so it’s not surprising that wealth managers are considering the impact over the long-term.

“What we do know is that technology is here to stay, so wealth managers will need to consider how to embrace the advantages of technology whilst still emphasising the personal, trust and relationship-based parts of their value proposition.”

Andrew Arwas, UK head of wealth management and banking services at Capco, said: “Propositions based on robo-adviser technologies offer a number of key benefits.

“They are highly accessible – especially in terms of being available through web and mobile sites, meaning anywhere, anytime accessibility … certainly not only by appointment.

“Secondly, those propositions which are well designed will be accessible in the sense that they can make the experience of engaging with one’s finances simpler and less daunting.

“This will be critical as the large majority of investors – not just the savvy, confident ones – seek to make investments through digital channels and propositions.

“Thirdly, we should also see robo-adviser technologies bringing down the cost of delivery of advice, and in so doing, bring back the potential to provide advice to the retail and mass affluent customers who fell into the post RDR ‘advice gap’.”

A total of 15 per cent of wealth managers surveyed by Vanguard said they were yet to form an opinion on robo-advice.


Wednesday, November 25th, 2015 EN No Comments

UBS names Edmund Koh head of wealth management for Asia Pacific

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Wednesday, November 25th, 2015 EN No Comments

Wealth Management & Financial Planning Firm Money Concepts Prepares to Host … – Virtual

Independent Broker-Dealer Money Concepts will host top advisors during their Annual Planning Conference in Hollywood, FL Nov.30-Dec.3. Conference focuses on education and training spotlighting “Best Practices”.

(PRWEB) November 24, 2015

Money Concept, an independent Wealth Management and Financial Planning firm will host their Annual Planning Conference. This conference focuses on education, training and development of independent advisors within the Money Concepts network of financial professionals.

This year’s theme “Excellence Matters” provides an agenda with core topics as well as an array of optional Track sessions based on the interest and business model of their attendees. President CEO Denis Walsh stated “We are very excited about our agenda. Our advisors come ready to learn and ready to share which creates a powerful event.”

About Money Concepts®:

Money Concepts Capital Corp. is a privately owned independent broker-dealer and dually registered as a Registered Investment Advisor based in Palm Beach Gardens, FL. Established in 1979, Money Concepts International, Inc. has a network of approximately 700 financial professional’s centers nationwide.

In addition to serving independent advisors, Money Concepts® provides turn-key wealth management services for community banks, credit unions and tax professionals. Money Concepts® advisors provide holistic planning and offer a full array of non-proprietary products and services including advisory and alternative investment services.

All Securities Offered Through Money Concepts Capital Corp. | Member FINRA/SIPC

Money Concepts Advisory Service is a Registered Investment Advisor with the SEC

All Non Securities and Non Advisory Products through Money Concepts International, Inc.11440 North Jog Road, Palm Beach Gardens, FL 33418. 561-472-2000.

For more information visit and follow us on Facebook, LinkedIn and Twitter.

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Tuesday, November 24th, 2015 EN No Comments

Investec Wealth & Investment goes live with Calastone’s Transfer service

Investec Wealth Investment (IWI), a UK-based private client wealth management firm, has gone live with Calastone’s recently launched Transfer Service.

Investec Wealth  Investment
Investec Wealth Investment

Calastone, a global funds transaction network, says that IWI joins other firms, including Rathbone Investment Management, in adopting the service.

The service is specifically designed to automate stock transfers, and lets brokers and wealth managers process stock transfers. Calastone says ‘participating firms can now complete transfers within days rather than weeks’.

Ann Mosey, head of settlements, Investec Wealth Investment, says: ‘We look forward to benefitting from the efficiencies that straight-through processing brings. A key goal for us is to undertake and complete transfers for the majority of cases within a day, thus driving valuable operational and cost efficiencies.’

Part of the Investec group, IWI offers wealth management and investment services to private individuals, charities, trusts, international clients and financial advisers. It has around 1,100 staff located at its 15 offices across the UK. In the UK, IWI is authorised and regulated by the Financial Conduct Authority (FCA).

Calastone’s clients

Over the last few years Calastone has secured other deals around the world.

Semper Constantia Privatbank was the first Austrian user of Calastone’s fund order routing service, Calastone Transaction Network (CTN). The bank commenced operations on CTN in 2013, moving from manual processing to a fully automated environment.

UK-based Ashmore Investment Management adopted Calastone’s order routing service in 2012 for its range of funds domiciled in Luxembourg.

Also in 2012, Capita Financial Group in the UK became the first live site for Calastone’s new daily reconciliation service for asset management transactions.

By Antony Peyton.


Tuesday, November 24th, 2015 EN No Comments

Wealth management market to grow at a rapid CAGR of nearly 10% to 2019 …

Wealth management market to grow at a rapid CAGR of nearly 10% to 2019 according to new research report


WhaTech Channel: Financial Services Market Research

Published on Tuesday, 24 November 2015 18:25

Submitted by RNR Market Research. WhaTech Agency

News from:
Sandler Research – Buy Market Insights Reports

Reads: 0

Global Wealth Management Market 2015-2019 is a 80 pages new research report and provides 38 Exhibits to support the research. The rising need for customer analytics is the key driver for the growth of this market. Analytics helps to understand the different customer segments and their investment pattern in different asset classes.

Global wealth management market to grow at a rapid CAGR of nearly 10% by 2019. This industry research report covers the growth prospects of the global wealth management market with segmentations based on the geography (North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa).

It also includes an insightful analysis of the leading vendors in this market such as BlackRock, UBS, Allianz, Vanguard Group, State Street Global Advisors, PIMCO, Fidelity Investments, AXA, and Credit Suisse.


The market research analyst has envisaged the global wealth management market to grow at a rapid CAGR of nearly 10% by 2019. The increasing use of SWIFT (Society for Worldwide Interbank Financial Telecommunication) services is expected to lead to process automation across the globe, which in turn would facilitate the systematic transfer plan by cutting the costs and risks associated with it.

This will help in increasing client protection and the stability of the financial system; thus, leading to market growth.
The rising need for customer analytics is the key driver for the growth of this market. Analytics helps to understand the different customer segments and their investment pattern in different asset classes.

Since customer analytics is an important tool to understand the relationship-based pricing strategies, their augmented usage during the forecast period will aid in understanding the banking needs of customers.
Geographical segmentation of the global wealth management market
North America
Asia Pacific
Latin America
Middle East
In this market research report, analysts estimate the North American region to be the largest market for wealth management solutions during the forecast period. At present, this region accounts for a market share of nearly 32% and is envisaged to retain its dominating hold over the market by the end of 2019 due to the development of a new client service model by multi-family offices (MFOs).

Competitive landscape and key vendors

This market is highly competitive and fragmented due to the presence of many large firms like Allianz and Vanguard group. The top vendors in this market are trying to leverage the technology so that they can provide customized solutions to the clients.

This will help vendors to increase their market revenue generating capacity and will also allow them to gain a competitive edge over their rivals.
The leading vendors of the market include –
Vanguard Group
State Street Global Advisors
Fidelity Investments
Credit Suisse
The other prominent vendors of the market include BNY Mellon, Credit Agricole, Capital Group and Deutsche Asset Wealth Management.

News From

Sandler Research
Category: Market Research Reports


Tuesday, November 24th, 2015 EN No Comments

AXA plots sale of wealth arm on regulatory frustrations

AXA has hired advisers to help sell its wealth management business, according to the Sunday Times.

The report claims the £42 billion French insurance giant has recruited Barclays and Fenchurch Advisory Partners to manage the sale.

The disposal is said to be part of a wider exit of several of its UK businesses, including its offshore bond arm AXA Isle of Man and parts of its Sun Life business.

The tough UK regulatiory environment is a major factor behind AXA’s decision, according to the paper, with the firm growing increasingly frustrated by the profitability of its UK operation.

AXA Wealth provides a wide suite of products, including pensions, ISAs and funds through its investment engine Architas. It also offers an online investment platform, Elevate.

In the face of regulatory pressures the division has fared well, with assets under management  doubling over the last five years.

Its most recent trading update showed new sales in the third quarter jumped from £2.8 billion to £ 5 billion year-on-year. 

Pension and investment assets under management rose by 14% to £30 billion over the period, with assets within Architas jumping 46% to £19 billion.

Commenting on the numbers, AXA Wealth chief executive Mike Kellard (pictured) said: ‘It’s been a year of huge change for our industry and I’m extremely proud of the way AXA Wealth has responded to the opportunities and grown over the past nine months, which follows four years of rapid growth.’

The UK wealth management industry has seen plenty of consolidation recently.

Big deals include Towry’s buy of Ashcourt Rowan and Old Mutual’s swoop on Quilter Cheviot.

More recently St James Place’s has bought Bristol-based Rowan Dartington, while private equity investment trust Caledonia acquired Seven Investment Management.


Monday, November 23rd, 2015 EN No Comments

Courtiers launches income fund trio for Reynolds and Shaw

The UK Equity Income, Global ex UK Equity Income and the Investment Grade Bond funds launch today and will be managed by chief investment officer Reynolds (pictured) and head of fund and asset management Shaw.

The pair already run the firm’s multi-asset global funds, which were launched in 2007, as well as its discretionary management service.

The UK Equity Income and Global ex UK Equity Income funds will aim to provide exposure to a portfolio of dividend paying stocks, selected using a quantitative model.

Futureproofing: How asset managers are meeting the pensions challenge

The portfolios aim to a pay a higher dividend yield than the index universe, while managing long-term volatility. 

The Investment Grade Bond fund will aim to be a lower risk asset to be held by pension fund clients approaching retirement.

The new funds will be offered to employers within a range of different lifestyle strategies combining all three products.

Pension freedoms: £4.7bn paid out in first six months

The default lifestyle strategies assume annuity purchase, so the Investment Grade Bond fund will tend to have a longer duration. However, investors can choose other retirement paths, and asset allocation will vary according to those choices.

The two equity funds will be charged at 0.75% and the fixed income fund will be 0.50% for clients using a Group Sipp.

Reynolds said: “We relish the opportunity to offer our tried and tested risk control and stress test techniques to the corporate auto-enrolment pension market.

“We will offer lifestyle strategies which are tailored to the employer and we will offer member pre-retirement counselling in conjunction with a range of lifestyle pathways to guide our clients towards retirement.”



About the author

Laura Dew is senior asset management correspondent at Investment Week. She joined IW in September 2013 from Financial Planner, the official magazine for the Institute of Financial Planning (IFP). She regularly writes about areas such as emerging and frontier markets, property, financial regulation and UK equities.
Laura is also responsible for the wealth management and platform beats.



Read more on Laura


Monday, November 23rd, 2015 EN No Comments