Tax concerns drive wealth manager clients to increase ISA savings
Tax optimisation drove wealth management clients to top up their ISAs by £1.6bn in the first half of the year, according to a report by SEI Wealth Platform.
Tax optimisation drove wealth management clients to top up their ISAs by £1.6bn in the first half of the year, according to a report by SEI Wealth Platform.
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.
EQ Investors has opened its doors to high net-worth clients with the launch of a bespoke solutions capacity.
Bellpenny’s total funds under management has exceeded £3.5bn with the purchase of Trustee Asset Management.
Tilney Bestinvest has added to its Glasgow branch with the recruitment of a financial planning director, the firm’s third recruit in four months.
Quilter Cheviot’s Edinburgh chief is making way for a new head of office after a four-year stint at the helm.
The launch of Brighton Capital Management earlier this month has put the spotlight once again on the ongoing tug-of-war between boutiques and behemoths.
Wealth managers are significantly underestimating the propensity of ultra high net worth individuals to make use of automated advice services, the World Wealth Report 2015 shows.
Jumping from long-only fund management to private client wealth management is not for the fainthearted but Cornelian’s Hector Kilpatrick relishes the adaptability such role provides.
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.