Wealth Management

Alliance Trust Savings (ATS) has agreed to acquire Brewin Dolphin's execution-only Stocktrade business in a bid to accelerate its growth.

Northern Ireland-based wealth manager Davy Private Clients UK has acquired financial adviser and investment firm Graham Corry Cheevers, adding £230m of assets to its books.

Advisory firm Saunderson House is planning to launch a discretionary service later this year in a bid to broaden its investment offering.

Suitability is back at the top of the regulator's agenda this year, but many wealth managers are still behind the curve, according to Wealth Dynamix CEO Gary Linieres

Standard Life has completed the acquisition of wealth manager Pearson Jones from Skipton Building Society, a move which represents its return to offering financial advice.

National wealth manager and consolidator Bellpenny has acquired two IFA firms with a combined £84m funds under management (FUM).

Wealth manager Towry has completed the buyout of rival firm Ashcourt Rowan.

Former Signia Wealth director Ollie Murray has joined Smith & Williamson as an associate director in its investment management business.

Charles Stanley is in exclusive talks to sell its securities business to stockbroker Panmure Gordon, putting an end to rumours US firm Stifel Financial was the likeliest buyer.

Tavistock Investments has taken over Duchy Independent Financial Advisers, continuing a wave of consolidation in the IFA market.