wealth management

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

Brooks Macdonald has launched five new risk-rated portfolios, doubling the number of strategies in its managed portfolio service (MPS).

The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.

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.