United Kingdom
Hybrid advice revolution shows no sign of stopping
Just 23% of firms have returned to a majority face-to-face model
HNW clients fret over recession threat
Wealthy investors are in a ‘state of paralysis’ but it is ‘not the time to shy away’
European wealth managers predict tougher suitability regulations
Most feel they will be pressured to pay compensation for failing to understand clients’ risk profiles
PE-backed wealth manager makes double acquisition
Deals increase assets under advice to over £1.8bn
AFH-acquired advice firm fails
It is one of two companies that have gone bust according to the UK lifeboat scheme