Jack Gilbert

1 week ago | citywire.com | Andrew Foerch |Joe Stonor |Victoria Bell |Jack Gilbert

Despite three years of widening discounts, the CEO of Citywire New Model adviser Top 100 firm BRI Wealth Management believes now is the time to buy investment trusts. ‘I love investment trusts,’ said Dan Boardman-Weston, citing ‘typically greater returns’ than open-ended equivalents, exposure to private markets, and the cheap discounts at which many are trading. The investment trust industry has endured a torrid few years.

1 week ago | citywire.com | Joe Stonor |Andrew Foerch |Victoria Bell |Jack Gilbert

We know plenty of financial advisers and wealth managers like to hit the golf course, but few get to live the dream like one US-based CEO did last weekend. Michael McDermott, who runs Pennsylvania-headquartered Kathmere Capital Management, was the designated ‘marker’ for the Masters Tournament at the legendary Augusta National Golf Club.

1 week ago | citywire.com | Dylan Lobo |Victoria Bell |Joe Stonor |Jack Gilbert

Transact turned 25 last month, its parent company IntegraFin noted in the business’s second-quarter update. In what many advisers would see as typical Transact fashion, the company has yet to mark the anniversary though. Due to the anniversary falling in the busy tax-year end period, the business will instead celebrate properly with a staff party in May. It will also launch an advertising campaign on 12 May and write to advisers to thank them for their contribution. Already have an account?

1 week ago | citywire.com | James Connor |Victoria Bell |Jack Gilbert

Private equity-backed consolidator Attivo has appointed Andrew Clennell as the group’s chief finance officer (CFO). Clennell takes over from Jon Sturgess, the previous CFO, who left the business last month after a year and eight months. He joins from the London Stock Exchange Group (LSEG), where he was CFO of the post-trade division following its acquisition of the Quantile Group, a fintech provider of portfolio, margin and capital optimisation  services for financial services.

2 weeks ago | citywire.com | Jack Gilbert

The feud between FNZ and its B-shareholders has escalated after the platform technology provider raised a further $500m (£390m) of equity, potentially further diluting down the stake of some current and former employees. In a release sent to journalists at 7:42pm on Saturday evening, FNZ announced it had raised the extra equity funding from its institutional private equity investors.