Discretionary wealth manager Quilter Cheviot has lowered the charges for clients invested in its managed portfolio service (MPS) via its own nominee arrangements.

Ned Davis Research analysis predicts the Federal Reserve will cut interest rates by 25 basis points at each of the remaining meetings this year, starting in September.

AI agents are already transforming how financial planners and clients interact; the “app-less” version will add an infusion of enterprise-wide scale to the mix.

The number of defined benefit pension transfers in July surged to the highest level since August 2023.

International Financial Planner Hoxton Capital Management has rebranded to Hoxton Wealth.

Firms like Morningstar and Savvy Wealth share their experiences in building guardrails around AI tools to prevent them from giving risky advice or creating regulatory concerns.

Several advisors answered the call with their strategies for tackling this potentially sticky situation.

UBS executives estimate their plan to raise rates on certain accounts will cost the firm $50 million. A new suit cites that as evidence that the firm “violated its obligations to its clients.”

The decision hinging on the definition of “inventory” in the sale of a highly valuable position in a U.S. partnership resolved a saga that began 16 years ago.

Cheltenham-based Chartered Financial Planner firm Attivo has recruited David Melloy as its new strategic business development director to help spearhead plans to expand its UK footprint.