New Delhi [India], March 27: The asset and wealth management world is evolving significantly, impelled by global economic dynamics, altering client expectations, and AI-driven technological advancements. For financial advisors, staying ahead of wealth management trends is pivotal for catering to client demands and experiencing long-term success. As a consultant to wealth managers, OAWA is critical
MUSCAT – The data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicate that the total reserve assets of the Gulf Cooperation Council (GCC) countries amounted to US$804.1 billion by the end of the first half of 2024, with a growth rate of 7.5% compared to
In the realm of financial products, beneficiaries play a crucial role in ensuring that the assets and benefits accrued are transferred efficiently to intended recipients. Let’s discuss the significance of beneficiaries and explore the various options available, with a particular focus on bank products. The role of beneficiaries A beneficiary is an individual or entity
A recent Owner.One survey of 13,500 individuals with net worth ranging from $3 million to $99 million highlights that cand Ultra-High-Net-Worth individuals, especially their heirs, encounter difficulties with asset diversification and regulatory compliance. The survey reveals that 47% of family wealth consists of financial assets. Despite diverse asset types, a concerning trend in geographic diversification
Four months after the State Council, China’s cabinet, unveiled a nine-point document aimed at restoring investors’ confidence and attracting long-term funds, the market is back in a downward spiral after a relief rally. There are telltale signs of investors shunning stocks: turnover on the Shanghai and Shenzhen exchanges has plunged to a four-year low, the
In a precedential decision issued on August 13, 2024, the U.S. Court of Appeals for the Federal Circuit held that a first-filed, first-issued, later-expiring claim cannot be invalidated by a later-filed, later-issued, earlier-expiring reference claim having a common priority date.1 Obviousness-Type Double Patenting Obviousness-type double patenting (ODP) is a judicially created doctrine dating back to
The team of five financial advisors say their high-net-worth clients will benefit from Ameriprise’s innovative and fully integrated digital capabilities MINNEAPOLIS, August 13, 2024–(BUSINESS WIRE)–Q5 Wealth Management, a financial advisory team managing $1.5 billion in client assets in Beaumont and Houston, Texas, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from UBS