FE Fundinfo names former Allfunds executive as chief product officer
Joerg Grossmann takes on the role
Industry
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Titan Wealth buys Bristol-based adviser
Newly-acquired firm will rebrand to Titan Wealth Planning
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Brooks Macdonald AUM increases despite outflows in Q3 results
Gross outflows remained ‘elevated’ due to challenging macroeconomic backdrop
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Söderberg and Partners continues UK expansion with stakes in four IFA firms
The Swedish wealth manager has now made investments in 11 UK firms
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Quintet partners with BlackRock to roll out multi-manager range
Follows the signing of a cooperation agreement between the firms
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Will the FCA’s response to Link failures change the role of ACDs?
TTF challenges regulator’s claim its Weif enforcement action will raise industry standards among ACDs
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Tatton Asset Management records 28.4% net flow increase in full-year results
Assets under management stand at £17.6bn
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Tatton, Timeline and AJ Bell top Defaqto MPS rankings
Data drawn from users of Defaqto Engage
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Titan Wealth acquires Norwich-based planner
Deal takes Titan Wealth’s AUM to £17.3bn
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FCA to take action against Neil Woodford and WIM
Also found Link Fund Solutions failed to act with due skill, care and diligence in its management of the Woodford Equity Income Fund
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PEOPLE MOVES: Vanguard, Quilter Cheviot, Federated Hermes
Jon Cleborne to succeed Sean Hagerty
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Six advised platforms grab 60% of new business – Lang Cat
Gap between the largest platforms and their smaller rivals is growing