Brooks Macdonald buys Scottish wealth manager for £39m
Equity placing set to raise £30m for Cornelian purchase
Equity placing set to raise £30m for Cornelian purchase
Three-year restructuring programme expected to save firm £4.5m
44% of financial planners outsource investment to discretionary managers
CMA will decide if the deal will result in ‘lessening of competition’ in UK market
Having a ‘quirky numbered name’ has done no harm to Twentyfour Asset Management
Woodford provided funding for biotech start-ups backed by adviser and NED Martin Walton
Investment firms become among the most shorted in the FTSE 100
AJ Bell founder talks about how platforms are the ‘sweet spot of financial services’
Leaks might have been seen to benefit IFAs but many feel it has tarnished whole industry
CEO Andreas Utermann is being replaced by Tobias Pross
Similar arrangement was in place while Nichola Pease was non-exec director at Schroders
Beleaguered wealth manager also plans £2.5m fundraise