The latest news for UK wealth managers and financial advisers, covering firm consolidation, M&A activity, adviser numbers, distribution deals and the business of running an advice practice.
The FTSE 100 insurer, which says it is the UK’s largest wealth business by assets at £261bn, set out the new ambition at its first wealth-focused investor briefing since 2023. Aviva expects its wealth…
The trio will run high-net-worth client portfolios for advisers from a new Winchester office Marlborough has hired three investment managers from Rathbones to expand its Personal Portfolio service,…
The deal creates the only manager with top-ten global positions in active equities, active fixed income and private markets, with Schroders to keep operating separately for up to…
The $29bn Asia and emerging markets boutique returns to its heritage name from 24 November, following the absorption of sister brand Stewart Investors FSSA Investment Managers is reviving…
Chairman Stephen Welch takes over as executive group chair on an interim basis while the board searches for a permanent CEO Blythe Masters has stepped down as chief…
Defaqto research finds most people can’t judge whether AI guidance is accurate, with nearly one in five already acting on advice that proved wrong Eight in ten UK…
Signatories including Fidelity International, Hargreaves Lansdown and Quilter commit to phasing out paper-based transfers and wet signatures by the end of the year The majority of UK investment…
Meaney joins from Standard Life to fill the role vacated by Jo Kite earlier this year, as the mutual combines its customer and commercial functions into one seat…
Portfolio Thinking Edge pairs institutional-grade 10-year return forecasts with agentic AI to help advice firms produce client-ready research in their own voice Portfolio Thinking, the investment consultancy founded…
Acquisition takes the consolidator’s Scottish assets past £1.3bn, with 40 staff including 14 advisers transferring Shackleton Advisers has agreed to acquire Aberdein Considine Wealth, the Scottish financial planning…
