Almost half of high net-worths have cited climbing tax rates as their number one concern, while those unhappy with their current wealth manager tend to have more investable capital.
Fairstone Financial Management has expanded its new London base with a triple IFA appointment.
Nearly half of IFAs are pointing clients in the direction of multi-asset products, according to a report by Barings Asset Management.
BlackRock has teamed up with Morningstar to open a new website for advisers providing access to portfolio tools and market insights.
Brown Shipley’s assets under management have moved closer to the £5bn mark with the acquisition of Nottingham-based IFA Hampton Dean.
A clear understanding of risk and reward has never been more important, and Distribution Technology feels it is well placed to help provide that clarity.
A significant majority of advisers expect the demand for bespoke discretionary fund management services to rise in the next few years, but only those that offer high levels of service quality are likely to survive, research by Investec Wealth and Investment shows.
Bellpenny has scored another IFA acquisition double with the purchase of TJFS and TOR.
Financial advisers would prefer to find a successor that can take on their business when they retire, rather than pursue a sale, new research from Russell Investments suggests.
Sanlam has bought wealth management firm CAERUS Portfolio Management for an undisclosed sum as it continues to improve its scale in the UK market.
Harwood Capital’s acquisition of Wellian Investment Solutions is by no means on a par with the Old Mutual’s acquisition of Quilter Cheviot. Nor is it of a size similar to Towry’s purchase for £97m of AIM-listed Ashcourt Rowan. But, what the deal lacks in size, it could well make up for in intent and symbolism.
A new trade association representing UK financial advisers has been launched to give the industry a louder voice in discussions with government and regulators.
