Two partners in the West Midlands-based law firm that has been representing investors caught up in the collapse of the Harlequin overseas property business have launched a new venture with a seasoned UK financial adviser, which aims to give selected “partner” IFA firms seamless access to specialist legal services.
Asset Risk Consultants, the Guernsey-based investment consultancy firm, has launched a service aimed at helping charity trustees to manage their client portfolios.
Partners at Vestra Wealth have bought out the minority stake in their business held by Goldman Sachs.
Coutts & Co is shifting its “growing” international trust business to Jersey, and as part of this strategy is looking for a buyer for its trust operations in the Cayman Islands.
The Channel Island of Jersey is responsible for inward investment of almost £500bn into the UK, and supports around 180,000 British jobs, according to a new report that Jersey officials are actively calling attention to.
The FCA has introduced two legal forms of collective investment schemes as part of its policy statement on the AIFMD, bringing the UK in line with the rest of the EU.
The number of intermediaries joining True Potential’s national advisory firm in the UK has leapt 285% in the past year, with displaced high street bank advisers the largest source of fresh meat.
Investment fund, banking and insurance sectors in Guernsey have all grown during the opening months of 2013.
The Singapore-based Henley Group is launching a UK operation, in partnership with the Cirencester-based St James’s Place wealth management network, as it seeks to broaden the range of services it is able to offer clients who live in more than one country.
Planned changes to the senior management of the Guernsey Financial Services Commission have been criticised by members of the local business community, according to reports.
The Jersey Financial Services Commission has published a second “position paper” setting out its final thoughts on the way the island’s financial advisory industry is to be regulated, ahead of the 2014 start date for implementing the recommended changes.
Signia Wealth’s new head of wealth management, Rupert Robinson, has set his sights on more than doubling the firm’s AUM in the next five years, with the takeover of family offices pitted as one way of achieving his goal.
