wealth management

The shortlist for the Professional Adviser Awards 2015

Royal Bank of Scotland (RBS) has lined up ten bidders for Coutts International as part of a pre-Christmas auction of the business, according to reports.

Former executive chairman of Brewin Dolphin Jamie Matheson has been appointed chairman of Saracen Fund Managers.

Brewin Dolphin has reported a 70% fall in full-year pre-tax profit as its technology project writedown and other restructuring costs weighed on the business.

WH Ireland shares have recovered ground after falling as much as 15% as the group warned full year profits will come in below previous expectations.

Some wealth managers are unclear and inconsistent in their communication with clients regarding in-house fund ranges, an FCA review has found.

What does the future hold for the wealth management industry?

The Wealth Management Association (WMA) has announced a strategic review to improve its services to members.

Wealth manager Turcan Connell is planning to launch its own real estate investment trust (REIT) in a bid to offer clients a solution to persistently low interest rates on cash holdings.

Barclays has hired former Citigroup banker Akshaya Bhargava to head up its recently restructured wealth management business, following the exit of Peter Horrell in June.