wealth management

Kuber Ventures has unveiled a six strong line-up of EIS fund managers, two months on from launching the first ever EIS platform.

AXA Wealth has cut its sales team by 30 staff in a bid to restructure the business following the completion of several projects.

The UK's biggest advice firms have been accused of failing to adequately inform potential clients whether they provide independent or restricted advice.

Ian Porter has joined Sanlam Private Investments (SPI) in the newly created position of head of wealth management, as the firm looks to grow its presence in the retail market.

Fund manager Gervais Williams has written to the IFA community following his comments made in a Sunday Times interview last month, in which he labelled financial advice 'expensive'.

Credit Suisse is to combine its private banking and asset management divisions to create a wealth management arm.

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Canaccord Financial is set to acquire the wealth management arm of boutique private client investment management business Eden Financial, which has also put its asset management arm up for sale.

Private client manager James Hambro & Partners is to merge with Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.

Wealth manager Ashcourt Rowan is to receive an £8.5m cash injection designed to strengthen the company's balance sheet and help it realise its ambitions in the financial advice space.