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1 week ago | 
professionaladviser.com | Isabel Baxter
‘It’s never a merger, there’s always one dominant management team’ The news that Mattioli Woods and Kingswood are set to merge has been well trailed in the advice industry, with questions now being asked around which management team will be the dominant party and how many consolidators will follow suit.
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1 week ago | 
professionaladviser.com | Isabel Baxter
Calls for reform across the board as insurers fight back in IoM Cases surrounding victims of alleged international pension fraud—centred around QROPS (Qualifying Recognised Overseas Pension Schemes)—have resulted in major class actions seeking hundreds of millions over the last decade in the Isle of Man (IoM), where one case has been awaiting judgment for more than a year. Frustrated investors, including UK expats, have claimed that they lost millions due to "fraudulent and negligent"...
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1 week ago | 
professionaladviser.com | Isabel Baxter
‘Growth without operational readiness carries risk' Platform businesses are prioritising growth but process efficiency "must come first", The Platform Association has said.
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1 week ago | 
investmentweek.co.uk | Isabel Baxter
The wealth managers confirmed the news this morning (29 May) and said the announcement marks a "significant milestone" in the firms' shared ambition to "deepen client relationships, grow their talent base, and enhance their service and product offerings". The combined wealth management group will serve more than 25,000 clients with £25bn in assets under administration and advice (AUAA).
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1 week ago | 
professionaladviser.com | Isabel Baxter
Comes after PE-backer HSQ flagged Kingswood growth concerns Wealth managers and Mattioli Woods and Kingswood have agreed to merge, subject to regulatory approval.
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1 week ago | 
professionaladviser.com | Isabel Baxter
‘I made the leap to focus fully on financial advice, and I’m incredibly grateful I did’ Succession Wealth wealth planner Kenny McKay talks to Isabel Baxter about his career change from sports journalism to advice McKay transitioned from journalism to financial advice due to his interest in business development and entrepreneurship. Before he started his advice journey, he worked in local news and specialised in sports, eventually working as an in-house TV reporter for Celtic Football Club....
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1 week ago | 
professionaladviser.com | Isabel Baxter
The findings from its The Untapped Potential of Women's Wealth report suggested that financial advice plays a "critical role" in giving clients the confidence to take higher levels of investing risk. When asked where they invested their finances over the last five years, the most popular response for non-advised women was cash (35%) followed by equities (28%). For advised women, however, the most popular asset was equities, nearly doubling to 49%.
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2 weeks ago | 
professionaladviser.com | Isabel Baxter
The advisers that joined Rosemount between January and March 2025 are: Alistair Briggs, Briggs Financial Advice; Mike Carter, Contractor Financial; Jude Dawute, Benjamin House; Bob Ferris, Rosemount Mortgage Planning; Joe Iannelli, Oakhill Wealth & Pensions; Ben Mulroney, Williamson & Croft Wealth Management; and Katherine Webster, Paragon Financial Solutions.
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2 weeks ago | 
professionaladviser.com | Isabel Baxter
The Verve Foundation has recently launched a new ‘grow' programme for financial advisers with firms that are a few years old who want to move their business onto the next stage. The first cohort for this programme is due to start on 19 June. "It all came about because we were receiving applications from people who were looking to move their businesses onto the next stage of growth but weren't sure how to do so," Rabbets told PA.
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2 weeks ago | 
professionaladviser.com | Isabel Baxter
A recent study of approximately 900 advisers by research firm Investment Trends showed that adviser satisfaction with platforms has reached a "record high", with 80% of advisers rating their overall satisfaction with their platform as ‘good' or ‘very good'. Advisers particularly value continued investment in platform capability, as the research found that 36% of advisers can recall recent enhancements from their primary platform that they consider valuable.
