05/12/2014
Barclays Wealth arm folded into retail unit
Barclays Wealth & Investment Management will cease to exist as a standalone business as part of a strategic overhaul aimed at improving profitability.
05/12/2014
Bank of Montreal could scrap historic F&C brand
Canada’s Bank of Montreal could scrap the historic F&C brand, potentially bringing the 146-year history of one of the oldest names in London’s fund market to an end.
05/12/2014
Julius Baer gaining new foothold in the Netherlands
Julius Baer has acquired a well-established business in the Netherlands. Merrill Lynch has run wealth management activities in this market for more than 50 years shifting its focus to private banking and servicing high net worth individuals in the early
05/12/2014
Bellpenny adds £75m in assets with latest acquisition
The deal sees 1,000 clients transfer to Bellpenny’s national advice business along with its advisers.
05/12/2014
Hargreaves Lansdown founders Peter Hargreaves and Stephen Lansdown have risen up the Sunday Times Rich List, which boasts a record 104 UK-based billionaires.
05/09/2014
The UK arm of Momentum has acquired Your Wealth and the Money Hub app technology subject to regulatory approval.
05/09/2014
Several of the adviser-led platforms now have quite brilliant reporting functionality. Asset allocation, cashflows, tax reporting, market commentary
05/09/2014
IFA eyes up significant growth
The group currently has over £250 million of assets under management
05/09/2014
The group attributed growth to an increase in management fees
05/09/2014
Wealth firm plunges 32% as founder exits on funding worries
Nitin Parekh has resigned as chief executive of Hume Capital , the investment firm he founded in 2007, with immediate effect.
05/09/2014
Plans to offer consulting to the wealth management industry internationally but will focus initially on both the UK and Europe.
05/08/2014
J O Hambro Capital Management Selects Advisers Investment Trust
Asset manager J O Hambro Capital Management Limited based in London, has selected the Advisers Investment Trust for their U.S. mutual fund products.
05/08/2014
Ashcourt Rowan is moving to a new office in Leeds following its buy of UKWM.
05/08/2014
Arbuthnot Banking Group PLC Chairman Henry Angest Thursday told shareholders the company has started 2014 well.
05/08/2014
Axa Wealth has reported a 20 per cent increase in Q1 sales, from £689m last year to £827m this year, driven by a surge in Isa new business.
05/07/2014
BRI Wealth Management grows with Shropshire acquisition
The expansion means that BRI will have a second office in the Bridgnorth area, which will continue to be run by existing Walter Financial Planning staff.
05/07/2014
National law firm launches Private Wealth offering
The team advises private clients including business owners, entrepreneurs and landowners, as well as institutional trust and estate service providers and charities.
05/07/2014
European Wealth has completed the reverse takeover of its parent group and this morning began trading on AIM.
05/07/2014
Standard Chartered PLC has come under fire from investors for its pay policies.
05/06/2014
British investment manager Aberdeen Asset Management posted a three percent fall in pretax profit in the six months to March 31, as clients pulled money out of its core emerging market and Asian equity funds.