Managers of Wealth Europe

CII ditches SJP exclusivity after adviser backlash

The professional body made assurances that, while it had been working in collaboration with SJP, it always intended to ultimately make the unit available to the whole market.

Tilney and Smith & Williamson Announce Transformational Merger

Transaction will create the UK’s leading integrated wealth management and professional services group with over £45 billion of assets under management

Sarasin profits fall 15% on outflows and ‘difficult’ investment performance

Sarasin & Partners reported profits down 15% as a combination of ‘difficult’ investment performance and client outflows chipped away at its assets under management (AUM).

Lloyds-Schroders wealth management venture to launch price war

Agressive fee strategy puts pressure on rival St James’s Place

Heartwood launches four sustainable multi asset funds

Heartwood began its research into developing a rich multi asset sustainable proposition in 2013 and created four global multi asset sustainable strategies across the risk spectrum – Defensive, Cautious, Balanced and Growth.

"The UK economy remains poised to accelerate when political certainty is delivered", Sanlam

In this sense the longer term outlook for inflation remains well supported, and the UK economy remains poised to accelerate when political certainty is delivered.

Most wealth managers witnessed colleague sick with stress

More than half of wealth managers have seen a colleague take time off work to cope with mental health issues.

Why wealth firms are throwing cash at veteran talent

With new clients increasingly sourced from rivals rather than the newly-rich, one age cohort is in high demand: the industry veteran.

Third deal in a week for UK wealth firm

It could spend a maximum of £10.4m on all of the acquisitions

JTC reports further growth

The results also pointed to the investment JTC has made in its global platform through the enhancements made to its senior management team

Wealth-Management Price War Spikes in Nordics as Fees Take a Hit

That move gave the asset manager a bigger chunk of the market, with DNB’s share of Norwegian retail business growing to 32.2% in May from 29.8% at the end of March 2018.

Leaked call reveals St James’s Place’s own adviser pleaded for ‘expensive’ fees to be axed

In a frank series of admissions during the call, which was leaked to Money, Gascoigne told the 700-plus advisers who were logged in that the business had to move with the times — and that meant its annual trips on cruise ships in exotic locations sh

Sanlam hiring spree sees eight join wealth planning team

Sanlam UK has announced a raft of eight new hires within its wealth planning team as the company continues to increase its UK-wide presence and enhance its client offering.

Financial planner set to complete management buyout

Mr McArdle joined the business in 1997 as a financial planner and went on to become a 50/50 shareholder in the company, using retained profits to fund the buyout deal.

City heavyweights plough £10m into wealth manager

The company has raised £26.5m in three funding rounds since launch.

Unigestion opens Copenhagen office

The office will allow Unigestion to increase its investor base in the region and work closer with investors looking for unique investment strategies, including bespoke ESG solutions for those with more specific requirements.

UBS Asset Management to tour the UK with its Defensive Growth Fund

The roadshow will be hosted by UBS Asset Management’s Michael Walsh, Investment Specialist, Investment Solutions, and Nick Webb, Head of UK Retail, and will feature Mike Barrett, Consulting Director from the lang cat.

St James's Place reacts to 'forgery' claims

The client, named Miss J in the Ombudsman documents, also claimed the adviser “forged” her signature in a “doctored” document.

Failed wealth manager circled by 100 firms

In some cases clients of the wealth manager were paying fees and charges as high as 20 per cent of their total investment, the FCA claimed.

What Are The Hot Investment Tnvestment Families Are Chasing?

Some of the trends Mehta Ventures, the family office in India, identified included more family offices looking for direct investments across various sectors.

Wealth and Asset Management