Wealth manager and Financial Planner Evelyn Partners has completed the sale of its professional services business to funds advised by Apax for an undisclosed amount.

Wealth manager and Financial Planner Brooks Macdonald has completed the process of moving its share listing from AIM to the London Stock Exchange main market.

London-based wealth manager LLP Services Ltd (FRN: 229382) has been declared in default today by the Financial Services Compensation Scheme (FSCS).

The FCA, backed by City of London Police, has arrested four individuals over suspected fraud and money laundering offences.

Developing in-house platform propositions is being rejected by planners as a solution to poor service from platform providers, Financial Planners have told Financial Planning Today magazine, Financial Planning Today's sister publication.

Private equity-backed Quanta Group, the owner of the Wealthtime platform, is to acquire expanding Financial Planning firm Craven Street Wealth.

Investment manager Marlborough, based in Bolton, has acquired a 20% stake in London-based Chartered Financial Planning firm First Wealth.

Financial Planners have shrugged off Chancellor Rachel Reeves' Spring Statement as having little effect on their clients.

More than nine in 10 Financial Planners (94%) have reported a rise in demand for IHT planning advice since the October Budget, according to a new report.

Financial Planning and wealth management firm Evelyn Partners reported a 12% rise in profits for 2024 despite a 68% drop in net inflows (year-on-year).