wealth management

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

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.

Schroders has reported a strong first quarter, with profits rising as the group reported strong net inflows into its funds.

Investment Week is pleased to announce financial services firms can now enter our Gold Standard Awards 2015.

Pensions reforms, underserved areas of the market, and economies of scale are driving more investment managers to broaden the type of wealth management service they offer clients.

Assets under management at wealth manager St. James's Place (SJP) have passed the £55bn mark as pensions and ISA flows offset a drop in other investment business.

Standard Life has promoted David Tiller to head of adviser propositions and strategy as the firm bids to better support firms in the era of pensions freedoms.

Investec Wealth & Investment has launched a private office to expand its services for high net worth clients.

Wealth management group Towry saw profit more than halve in 2014 as a result of costs relating to acquisitions and "various issues" following discussions with the regulator.

The start of 2015 has proved to be a busy few months for the wealth management space as firms make acquisitions, hires and expansion plans. Investment Week rounds up the stories you may have missed.