wealth management

Sanlam Private Investments' chief investment officer Richard Champion has ended his 11-year stint at the firm in order to take a senior role at Canaccord Genuity Wealth Management.

As much as £400bn could be held in 'dinosaur' funds, according to Hargreaves Lansdown, as investor inertia sees cash left languishing in stagnant products.

Bob Woods, executive chairman of advice firm Mattioli Woods, is to pay out half the value of his 15.1% stake in the firm to his ex-wife under the terms of their divorce settlement.

Tony Mann has joined Alpha Portfolio Management to spearhead the expansion of its private client offering.

European Wealth has announced plans to acquire financial planning firm ISM Solutions and further 'bolt-on acquisitions', after raising £2m through a share placement.

Succession Advisory Services is set to apply for discretionary permissions as the company looks to extend its offering.

Fidelity's Alex Wright has boosted exposure to banks as consolidation in the wealth management sector sees opportunities to invest there dry up.

The Wealth Management Association (WMA) has attacked the "failure" of the RDR to clearly define 'independent' advisers and suggested MiFID II's description would be a better suggestion.

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.