Wealth manager Waverton is to merge with rival London & Capital to form a £17bn AUM wealth management business.

Expanding Financial Planner and wealth manager MKC Wealth has acquired London-based Financial Planning Firm Wealth for Women for an undisclosed sum.

The number of Certified Financial Planner professional worldwide rose by 5.1% in 2023 to reach an all time record of 223,770.

Virgin Money is to buy Abrdn’s 50% stake in their joint venture called Virgin Money Investments.