How can the wealth industry improve client onboarding?
It has become an ‘increasingly onerous task for firms’ and a ‘source of frustration’ for clients
Wealth Management
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Swiss private bank sells off Bahamas wealth arm
As a ‘select number of key investment managers’ become minority shareholders at its Italian subsidiary
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Wealth management firm agrees partnership deal with Liontrust
Clients will gain access to fund manager’s global equities, fixed income and multi-asset specialists
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Will other fund houses follow M&G wealth management push?
‘Clearly buying a much less volatile earnings stream could have its advantages’
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Collapsed wealth firm clients get £4.4m in compensation
Company was declared in default in January 2020
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Barclays to expand European private banking operations
Firm set to enter four markets in 2021
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64% of advisers and wealth managers do not trust FSCS
They believe UK lifeboat scheme is unable to deliver fair outcomes for clients or firms
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M&G creates £28bn wealth management arm
Shortly after acquiring Royal London digital wrap platform for IFAs
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Jersey wealth managers merge
As UK financial planning firm agrees eighth M&A deal of 2020
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Wealthy Asian families focus on the ‘S’ in ESG
They look at investments that ‘try to lift people out of poverty’
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Advisers struggle to keep up with digital expectations
Swift acceleration to technological solutions needed to stay relevant in the market
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Global asset manager partners with Asia-based fintech firm
As the companies plan to launch wealth platform targeting millennials in region