The former Morgan Stanley CEO got a 17% bump in his final year at the helm.

The bank is betting on attracting high net worth clients in the wake of last year’s turmoil.

Financial Planning Week, the CISI’s annual consumer-focused campaign to promote the benefits of professional financial advice, kicks off on Monday. It’s the first time it is taking place in chilly January as it’s usually held in Autumnal October. Let’s hope the shift rejuvenates a campaign which has become a little low key in recent years. […]

  Nearly one in four UK adults (23%) say they would never seek financial advice, even if it was free. The findings appear in new research to coincide with the launch of Financial Planning Week 2024 which kicks off on Monday. The research suggests widespread consumer avoidance of professional financial advice and significant numbers of […]

Major Swedish wealth manager Söderberg & Partners has taken a “significant” minority stake in expanding Bath-based Chartered Financial Planner Fidelius as it continues its UK expansion drive. Söderberg says the deal is one its biggest investments in the UK and its seventh stake-building deal in the UK Financial Planning and wealth management sectors. The cost of […]

The megabank’s Personal Financial Management transaction helped drive some record metrics in 2023 for its wealth and fund segment.

The FCA has named former Investment Association CEO Daniel Godfrey as chair of its new sustainable finance adviser group. Julia Dreblow, founding director of SRI Services, has been appointed vice-chair. The new working group has been tasked with helping to build, “capability in sustainable finance across the financial advice sector.“ The Personal Investment Management & Financial […]

As a whole, the megabank saw its net income rise by 9% in 2023’s final quarter. But its wealth management unit was another story.

The firm’s wealth management co-head said that recent changes to its pay grid have been favorably received.