wealth management

Charles Stanley saw revenues fall in Q4 as the company moves from a commission to a fee-based model.

Brooks Macdonald's discretionary funds under management are nearing £7bn following positive performance and growth in net new business.

Distribution Technology (DT), a provider of risk profiling tools to hundreds of adviser firms, has introduced high yield bonds to eight of its ten risk models for the first time.

Vestra Wealth has hired three investment managers, all specialising in global multi-asset portfolios, from UBS and Julius Baer.

Boutique wealth manager Dart Capital has acquired IFA Waterson Jones, adding £150m to its total asset base.

HSBC Private Bank's Roberto Islas has joined Bordier to lead its new international desk.

Former Wealth Management Association (WMA) chief executive Tim May has joined Investec Wealth & Investment as a non-executive director.

Charles Stanley Group's chief financial officer James Rawlingson has left the business, handing his responsibilities to Ben Money-Coutts.

Former international cricketer Douglas Lockhart has joined Tilney Bestinvest as an associate director.

Former Barclays Wealth director Yolande Escher has joined BNY Mellon's wealth management business.