Wealth management is the hottest ticket in town right now. Starved of deal fees, banks are rushing to grab a slice of a stickier, less capital-intensive fee pool.
But it’s not all been smooth sailing. Geopolitics is upending the sector’s traditional regional hierarchy, while increasing regulation, fee pressure and technological change is weighing on firms everywhere.
Financial News is taking you right to the heart of the action with the latest on private banking, discretionary fund management, and the advisers at the heart of the boom by breaking into wealth management coverage today.
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Here’s just a taste of our stories so far:
Citi’s European wealth boss defends tracking client calls
Meet the bankers backing wealth management’s M&A boom
The Twenty Most Influential in Wealth Management
Julius Baer UK boss wades into WFH debate: ‘The era of micro-management is over’
Private equity faces tough exit from wealth’s M&A boom: ‘A lot of people will be left at the altar’
Why investment bankers struggle to cross-sell wealth management
Ascot Lloyd under fire over ‘clear conflicts’ in M&A deals
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Richer clients, more M&A: Inside Brooks Macdonald’s recovery plan
Stonehage Fleming chair Anton Sternberg on going from James Bond to global adviser
SJP investments boss: Value for money report doesn’t reflect ‘evolution’ of our funds
Evelyn Partners bidding war kicks off as private equity giants circle
Nutmeg’s CIO on the JPMorgan takeover and why AI could revolutionise wealth management
Want to be a top wealth manager? Study economics at Oxford University
How the Consumer Duty transformed wealth management
SJP, Charles Stanley boost menopause support for City workers
M&A, regulation, ChatGPT: what is giving wealth managers the biggest headache?
Who manages the wealth managers?
Happy reading!
Write to Justin Cash at justin.cash@dowjones.com and Kristen McGachey at kristen.mcgachey@dowjones.com