Wealth Management

Financial regulators in the US are warning investors and advisers to beware the limitations of automated investment tools.

Will robo-advice take off in the UK?

The Wealth Management Association (WMA) has appointed three new members to its board of directors, including the chief executive of Coutts & Co.

Brewin Dolphin's sale of execution-only platform Stocktrade to Alliance Trust has been tipped to prompt a further turnaround in investors' view of the wealth manager.

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).