David Boyhan

2 weeks ago | moneymarketing.co.uk | Momodou Musa Touray |David Boyhan |Nita Patel

Canaccord Genuity Wealth Management has rebranded as Canaccord Wealth as part of a strategic move to bolster its wealth management offering in the UK. The rebrand includes a refreshed logo, a new colour palette and a proprietary modern typeface — all designed to reflect the firm’s evolving identity. A newly launched website also features enhanced functionality, aiming to make it easier for clients to access services and information.

2 weeks ago | moneymarketing.co.uk | Momodou Musa Touray |David Boyhan |Steven D. Levin

Utmost Group has reported a strong financial year across the business with its wealth solutions arms surpassing £100bn in Assets under Administration (AUA). Utmost Wealth Solutions also achieved strong inflows of £3.9bn in 2024, an 8% increase on the previous year. In a trading update today (25 April), the group said it had a “transformational year” with the delivery of significant strategic initiatives in its international and UK businesses.

3 weeks ago | moneymarketing.co.uk | Momodou Musa Touray |David Boyhan |Kimberley Dondo

Wealth manager Marlborough has launched a new bespoke portfolio service for financial advisers’ high-net-worth (HNW) clients. The Personal Portfolio service is also aimed at advisers working with charities, trustees and other clients requiring bespoke portfolio management. It has been developed by Edward Kennedy, who joined Marlborough in June 2024 in the newly created role of head of bespoke discretionary fund management. Kennedy has now been appointed as head of the personal portfolio service.

3 weeks ago | moneymarketing.co.uk | Darius McQuaid |Steven D. Levin |David Boyhan |Salome Asabre

The Alternative Investment Market (AIM) is expected to raise at least an additional £110m in inheritance tax (IHT) per year. This is according to research from TWM Solicitors, based on a Freedom of Information request it made to HMRC. Following chancellor Rachel Reeves budget in October 2024, she halved the IHT relief on shares in stocks quoted on the AIM. IHT chargeable on most AIM shares will now be set at a rate of 20%, half the potential 40% benefit that was previously available.