Fund manager M&G is to create a new wealth management division under David Montgomery following the recent takeover of platform Ascentric.

One of the authors of a new global wealth management report believes that the Covid-19 outbreak could have a “profound” impact on the UK wealth management sector which has flourished in recent years.

Smith & Williamson has made 22 senior promotions as it prepares for its £44bn merger with Tilney set to create one of the UK’s biggest wealth management and Financial Planning firms.

Wealth manager St James's Place saw a year-on-year drop in gross and net inflows in May, the firm said today in a trading update.

With all the choices available and accelerating digital disruption, Financial Planners need to transform if they are not to face commoditisation, says a new report.

The Edinburgh-based private bank Adam & Company has appointed former Barclays Wealth Planning director Andy Hall as its new Financial Planning director.

Wealth management trade body PIMFA has made a number of organisational changes to its policy team. 

Wealth manager St James’s Place says its adviser numbers grew by more than 300 in the past quarter to 4,271 - up 8%.

AFH, the Financial Planning and wealth management group led by a Chartered Financial Planner, has reported post tax profits up 82% to £10.8m for the year ended in October 2019.

UBS’s wealth management arm has predicted a ‘decade of transformation’ beginning in 2020.