Even planners who are willing to entertain investments in digital assets caution that clients should put no more in than they can afford to lose.

The Morningstar Direct rankings reflect a good year for the high-yield, longer-duration and emerging-markets categories of fixed income funds.

I have some bad news for the Chancellor. The financial services sector, one of the great hopes of the government in terms of jobs and economic revival, is shrinking. At least in terms of the number of FCA-regulated firms. Indeeds thousands of regulated firms have been deauthorised in the past year. This may come as […]

The shuffling comes halfway through the longtime CEO’s five-year retention package.

Discretionary wealth manager Quilter Cheviot has appointed Caroline Simmons as its new chief investment officer. She will join the business in March. She replaces Duncan Gwyther and Alan McIntosh who are both retiring after a combined 53 years with Quilter Cheviot. Ms Simmons joins from UBS Global Wealth Management where she has been CIO of […]

The St. Louis-based firm’s earnings fell by 8.4% in last year’s fourth quarter. But its wealth management business could not be stifled.

Big announcements by Franklin Templeton, TIFIN and CogniCor display why experts see vast potential for artificial intelligence helping — rather than replacing — financial advisors.

The number of active FCA-authorised firms dropped significantly to 75,213 over the last six months, a fall of 3.7% in that period, and down 7% over the year, with M&A activity driving consolidation. The number of Registered Individuals (RIs) also fell slightly suggesting a contraction in the industry over the last six to 12 months, according […]

The IRS and Labor Department issued guidance on the new savings vehicles, but financial advisors and other wealth management professionals have questions.

The GameStop saga is long over, but the retail investors who drove it could turn into long-term clients if wealth management firms adapt to changing times.