Schroders wealth management subsidiary opens Manchester office
In its bid to offer services to client groups across the UK
In its bid to offer services to client groups across the UK
Sum collected by the UK taxman has doubled in a decade
In a bid to ‘address the attractive mass market and self-directed wealth segment’
Following reports that victims were being misled by its telephone handlers
Acquisition was first rumoured in May
Deals add 600 clients and £350m in assets under management to the group
It is ‘currently closing the first set of deals with a combined £500m in AuM’
After ‘severe’ disruptions caused ‘harm to consumers and negatively affected market confidence’
‘Liquidity is very challenging and it’s exceptionally volatile’
It will reportedly raise £25m from investors to fund the acquisition
It will bring around £200m in funds under management to the group
Acquirer expects ‘to announce further acquisitions later this year’