Wealth Management
Barclays combines UK wealth and private banking businesses
To improve customer and client experience
16% surge in UK financial services M&A deals
160 were made in the first half of 2023
16% of asset and wealth managers globally will disappear by 2027
Assets managed by robo advisers will reach $5.9trn in four years
Alternatives | 3 Jul 23
96% of UK-based wealth managers expect fine wine investing to increase
It is the leading ‘passion asset’ ahead of watches and luxury handbags
UK wealth manager buys Essex-based financial advice firm
It is the company’s sixth acquisition since 2019