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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.

Shaping the Future of Wealth Management: Key Trends for 2025 and Beyond

At the same time, the generational shift among investors will demand a new level of digitalisation.

Sage Wealth Management signs new lease on Hexham office

Sage Wealth Management are aiming to reinforce their business commitment to the community and strengthen the Hexham team.

Leonteq publishes agenda for the Annual General Meeting 2025

The Board further proposes the election of Sylvia Steinmann as a new independent member of the Board of Directors.

A new era for fixed income investors

That also presents investors with a potential opportunity in fixed income.

Raiffeisen with very good annual results – second highest profit, growth in investment and corporate customer business

The bank's customer business continued to develop positively.

St. James’s Place Full Year Results 2024

2024 presented a mixed environment for UK consumers.

Jupiter suffers £10bn hit on Whitmore and Chrysalis blows

Full-year results reveal the impact of Ben Whitmore’s exit and the loss of the Chrysalis investment trust last year.

Strategic M&A in wealth management: trends and best practices

A notable trend is the increasing demand for personalised, tech-enabled services, prompting firms to invest in digital platforms and analytics.

Will Evelyn’s wealth refocus trigger a sale in 2026?

It’s understood that a sale to a bank or PE firm is likely next year.

Preliminary results for the 12 months ended 31 December 2024

2024 is the first full financial year following the combination with IW&I.

Wealthtech start-up Firenze secures £160m funding line from Monument Bank

The company says it “is currently working with wealth managers and investment platforms overseeing more than £50bn in assets”.

Wealth and Asset Management