Nearly 6 in 10 wealth managers are turning away clients who fall below their minimum investment level with more adopting this strategy as costs rise and fees fall.

New research has revealed just over half (55%) of wealth managers will survive if they do not digitally innovate.

Wealth managers not equipped to deal with rise in high net worth demand for offshore investments, says analytics firm GlobalData.

Moneyinfo, a client portal provider for advisers, has launched a new tool for DFMs and wealth managers to help them to meet the MIFID reporting obligations, recently identified by advisers as their biggest headache.