Articles

  • 6 days ago | citywire.com | Victoria Bell

    You can’t please every adviser, according to Bill Stone, the CEO of American software giant SS&C. In the past few years, the US tech provider has been gaining market share in the UK adviser market, winning deals with consolidators and wealth managers such as Brooks Macdonald and Shackleton, formerly Skerrits.

  • 1 week ago | citywire.com | Victoria Bell

    Söderberg-backed advice firms Fidelius and Timothy James Partners (TJP) have merged. London-based TJP will become part of Bath-based Fidelius but will retain its own name and branding. The combined business will comprise of 50 advisers and assets under management (AUM) of over £3bn.   Already have an account? Which of the following best describes your role?

  • 1 week ago | citywire.com | Victoria Bell

    The government will be handed a ‘reserve power’ to force pension funds to invest in UK equities. Last night, the Treasury announced plans to merge some pension schemes to become ‘megafunds’ with at least £25bn in assets by 2030, as part of wider plans to drive investment in UK companies. Following weeks of speculation, it is the first time the government has confirmed it will introduce a mandate to ‘provide additional certainty’ for  pension funds  to invest in UK equities.

  • 1 week ago | citywire.com | Victoria Bell

    Private equity-backed consolidator The Purposeful Group has launched a white-label platform with SS&C Hubwise after its rebrand from Finitor Wealth. The platform is live after first piloting with the advice group’s Dorset office. It will now be rolled out to the remaining seven offices. The deal was signed around June last year. Since then, the platform was being configured, and set up with Purposeful’s investment solution, as well as training its advisers. Already have an account?

  • 2 weeks ago | citywire.com | Victoria Bell

    Private equity-backed advice firm Finitor Wealth has rebranded to Purposeful Group after its chief executive quietly exited the business last month. Finitor’s former chief financial officer Richard Rhodes has now taken on the CEO role, after Paul Stokes exited in April. Finitor, co-founded by Rhodes and Stokes, has rebranded to Purposeful because the name Finitor had ‘very little meaning in the way of our heritage’, Rhodes said. Already have an account?

Contact details

Socials & Sites

Try JournoFinder For Free

Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.

Start Your 7-Day Free Trial →