Ashcourt COO leaves amid board reshuffle
Ashcourt Rowan announced today COO, Richard Sinclair, has stepped down with immediate effect.
Ashcourt Rowan announced today COO, Richard Sinclair, has stepped down with immediate effect.
A move away from third-party administration and a continued reorganisation of the business has reaped rewards.
Schroders is among the new investors in an online wealth management platform called Nutmeg.
The wealth manager saw a 215% jump in pre-tax profits as redundancy costs fell and discretionary AUM rose.
Reporting a 6% jump in operating profit for the year to end March 2014, Investec said its wealth and investment business grow just over 30%.
Survey indicates wealth management clients may be growing less tolerant of fee levels
Falling adviser numbers and an advice gap are just two of the wave of changes that are uppermost in wealth managers minds, according to research company Aite Group.
Last year was a boom year for the company as it reported a 41% hike in profits before tax.
Latest cash flow statistics indicate that international equities are the preferred choice for investors, while interest in UK equities is lagging.
Newly-launched RiverPeak Wealth has announced its managing director, James Powell.
Former Banque Havilland head of private banking Nick Parker has launched a new firm targeting wealth management clients in London and the South East, RiverPeak Wealth.
From Saudi billionaires with a keen eye for spotting the next big investment, to up and coming musicians, we highlight five wealthy individuals from around the globe as the clients you wish you had!