Nick Paler talks to Cazenove's Robin Minter-Kemp about the challenges and opportunities ahead as he discusses his plans for growing the business in 2013.
The UK's biggest advice firms have been accused of failing to adequately inform potential clients whether they provide independent or restricted advice.
Wealth manager Raymond James today won what may prove to be a landmark court case against rival Towry, which had accused seven Raymond James advisers of unlawfully soliciting its clients.
Towry head of marketing Peter Foster says the wealth manager might not launch its IPO for another 18 months and has disputed an estimate valuing the firm at £500m.