UK advice firm gets PE funding for acquisition spree
It will focus on domestic deals but will also consider international businesses
United Kingdom
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Evelyn Partners eyes international advice push
As it hires ex-Deutsche Bank head of UK wealth planning and intermediaries to oversee the expansion
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UK wealth firm makes second DFM acquisition of 2022
Deal adds around £180m in assets under management
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PEOPLE MOVES: Value Partners, Nutmeg, Brooks Macdonald Int’l
Asset manager names chief executive, as CEO steps down from digital wealth firm
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Morningstar says tech for advisers ‘not where it should be’
Technological development is a key area of focus now the Praemium International acquisition is complete
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FSCS investigating advice firm with Portugal links
Company advised on and arranged pension transfers into the Trafalgar Multi Asset Fund
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UK and US firms team up to create global advisory network
To provide tax and accounting services to individuals and organisations
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Alarmed FSCS says bad advice responsible for 80% of claims
Tackling the problem can ‘sustainably reduce the levy over the long term’
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Advisers lack ESG focus in client portfolio reviews
But they discuss sustainability preferences with new customers during onboarding process
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Sipp sales surged as lockdowns were lifted
They have become the ‘most popular product among retail retirement savers’
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PE firm eyes majority stake in Dynamic Planner
Deal is reportedly valued at £27m
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FNZ invests in cash management and savings fintech
It is ‘more important than ever for the wealth industry to be focused on delivering great consumer outcomes’