Funds under management rose 7.5% year-on-year to £16.8bn (2022: £15.7bn) for wealth manager and Financial Planner Brooks Macdonald.

Wealth manager St James’s Place (SJP) has hired former Prudential boss Mark FitzPatrick to be its next CEO.

Wealth manager and Financial Planner Mattioli Woods said pretax profits leapt 48% to £11.9m in the year to 31 May as it continued on its acquisition path.

Former Brooks Macdonald investment director Daniel Minett has teamed up with platform P1 Investment Services to launch his own DFM-based wealth management firm.

Wealth manager St James’s Place (SJP) is hosting a live event to encourage more people with disabilities to apply for roles as financial advisers.

Canaccord Genuity Wealth Management (CGWM) UK has launched a new Financial Planning office in Norwich which will be headed by award-winning Financial Planner Hazel Bowen, the Personal Finance Society’s Chartered Financial Planner of the Year 2023. 

Wealth manager Titan Wealth has acquired investment research and consultancy firm Square Mile for an undisclosed sum, subject to regulatory approval.

Swiss bank and wealth manager UBS has completed its £2.5bn takeover of troubled rival Credit Suisse to create a wealth management giant with approximately £3.8bn of invested assets.

The Financial Conduct Authority has approved the prospectus and shareholder circular of the deal between wealth manager Rathbones and Investec Wealth & Investment, which was first announced in April.

Total funds under management and administration fell 12% in 2022 to £10.3bn for wealth manager JM Finn (2021: £11.7bn).