Fast-growing national Financial Planning firm Wren Sterling has completed the acquisition of south coast adviser business the In Focus Group, for an undisclosed amount.
Wealth manager and Financial Planner Evelyn Partners said its AUM has climbed to a record £62.2bn, up 13.3% compared to a year ago and up 5.2% since the end of 2023.
Troubled wealth manager and financial services firm WH Ireland said losses increased last year and it has given up trying to sell its wealth management after negotiations to unload the division collapsed.
Less than one in ten Financial Planners and advisers have seen an increase in clients paying into ISAs, despite April’s rule change which allowed savers to pay into more than one type of ISA.
One in three companies do not offer financial advice as an employee benefit, often because of the risk of inappropriate advice being given and the negative fallout.
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