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Wealth Management

  • St. James’s Place shrugs off uncertainty as wealth manager continues to pick up assets

    April 30, 2024

    Thanks to inflows and a positive market performance during the first three months of the year the company ended the first quarter with closing funds under management of £179bn.

  • ‘Look at America’: Why this delisted money manager is calling for faster City reform

    April 29, 2024

    Government efforts to save the London Stock Exchange are “too small” and listed firms are being hamstrung by unnecessary red tape in the market, the boss of newly de-listed asset manager Gresham House has warned.

  • Schroders chief Peter Harrison set to retire next year

    April 24, 2024

    The veteran chief of Schroders, Peter Harrison, is set to step down next year after eight years at the helm of the FTSE 100 funds group, the firm announced today.

  • Quilter: Wealth manager attracts surge of fresh cash as stock markets rebound

    April 24, 2024

    Wealth manager Quilter has pushed up the amount of cash managed in its funds in the first three months of the year after a surge in fresh inflows and a rebound in global equity markets.

  • Redmayne Bentley to acquire clients from Everton FC broker Blankstone Sington as special administration continues

    April 23, 2024

    The private client business of wealth management company Blankstone Sington, which has been in special administration since October 2023, is to be acquired by Redmayne Bentley.

  • Rolex watches, private jets and third homes? Here’s what it takes to be in the world’s one per cent of wealth

    April 13, 2024

    To become a part of the wealthiest band in developed countries, you need to have at least a net worth of £1m - and in some countries, assets of up to eight digits, data from Kinght Frank’s Wealth report finds.

  • Under 30 and earning £1m? Here’s what you need to know

    April 1, 2024

    The number of young millionaires is on the rise, so what risks and considerations should they be taking into account to protect their wealth? Caroline Russell has some wise words for high net worth Gen Zs The number of under-30s earning more than £1m a year has grown to a record high of 830 while [...]

  • Northern law firm looks to take advantage of turmoil at St. James’s Place

    March 12, 2024

    A northern law firm is looking to take advantage of the turmoil at Britain’s biggest wealth manager, St James’s Place.

  • Brooks Macdonald: Wealth manager puts ‘behind plan’ international arm under review

    March 7, 2024

    Wealth manager Brooks Macdonald said the decision was being made "in the interests of achieving the best return for shareholders".

  • The super-rich are getting richer, again – and millennials are leading the way

    February 29, 2024

    The number of wealthy Brits rose in 2023, more than reversing the decline reported post-pandemic in 2022. Ultra-high-net-worth individuals (UHNWIs) – classed as those with over $3m in net wealth – increased in the UK from 601,300 to 626,619 on global economic growth and easing interest rates, according to the Wealth Report by Knight Frank. “The improving interest rate [...]

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