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AIB GROUP PLC 2024 Annual Results

AIB announces profit after tax of €2.35 billion and total distributions of €2.6 billion

Six in ten financially worse off despite rise in household wealth

Seven in ten whose situation has worsened say the cost of living has impacted their ability to manage their money (71%).

AlTi Tiedemann Global Expands European Presence and enters Germany with Acquisition of Kontora

Transaction expands AlTi’s European presence through entry into key wealth hub of Germany, which represents the third largest ultra-high-net-worth (“UHNW”) market in the world

Amount SJP advisers owe in business loans increases to £805mn

But at the end of 2024, £81.6mn of those loans were impaired - an increase of 62 per cent on the previous year.

Evelyn Partners ties up with Empower Padel to encourage more women to harness the benefits of team sport

The first partnership event on March 7 to celebrate International Women’s Day’ will highlight the transformative power of sports on young girls, aligning with the Evelyn Partners’ brand promise to inspire ‘what’s next’.

Quilter reports a 17% increase in adjusted profit to £196 million and a two-percentage point improvement in operating margin to 29%

These results demonstrate the benefit of our scale dual-distribution model which has made us the UK’s largest and fastest growing retail advised platform provider.

The role of AI in the future of family offices

This article explores how family offices can harness AI to enhance governance structures, outlining the potential benefits as well as key considerations.

Staying ahead in Wealth Management: A Conversation with Jos Martens, Sales & Business Development Director

This is a pre-event interview in the run-up to the Leaders in Finance Wealth Management Event 2025 on 6th March 2025.

Canaccord Wealth expands international footprint with Middle East office

SEO Richard Burden has 30 years’ experience working across Middle East and recently re-located to Dubai

Quilter Cheviot launches International MPS on the Morningstar Wealth Platform with ‘Building Blocks’ approach

These funds are designed to create optimal investment exposures for each MPS strategy.

Aberdeen-headquartered Johnston Carmichael Wealth acquired by London firm

Partners Wealth Management (PWM) has confirmed all 60 Johnston Carmichael Wealth employees will move over as part of the deal.

Boston Multi Family Office acquires Aqua Group

Boston Multi Family Office was founded in 2002 as a single family office

UBS's fourth-quarter and full-year 2024 results

UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share and continuation of share repurchases; continuing to invest for long-term growth

Aberdeen Group scraps Abrdn rebrand to ‘remove distractions’

The 200-year-old fund management group is hoping to put the vowel-less rebrand, which prompted widespread ridicule, behind it.

Swiss National Bank confirms CHF81 billion profit in 2024

The SNB’s final profit for 2024 is slightly higher than reported at the beginning of the year.

LLB launches Swiss dividend-focused ‘comfort' mandate

The strategy targets regional customers via focus on Swiss and European stocks with high dividends.

Schroders to manage £400 million following Utmost Life and Pensions partnership

Schroders will initially manage nearly £400 million of Utmost Life and Pensions’ annuity book.

Close Brothers completes sale of Close Brothers Asset Management to Oaktree

The group anticipates an estimated gain on disposal of approximately £59 million.

Brookfield Wealth Solutions Launches in the United Kingdom

Brookfield and its UK portfolio companies employ approximately 23,000 people across the UK.

ING acquires stake in Van Lanschot Kempen

Together with an existing 2.7% stake, ING will hold a 20.3% stake in Van Lanschot Kempen after completion of the transaction.

Wealth and Asset Management