The 2 factors driving wealth management M&A boom; Retaining client assets in the face of wealth transfer

The wealth management sector is bucking the global trend of declining M&A and two industry-specific factors could mean it sees a further uptick in 2025, according to Deloitte.

Nearly half of financial advisers worldwide view the intergenerational wealth transfer as an existential threat, Natixis Investment Managers finds, as one-third say they have lost clients because of generational attrition.

Tailored for financial advisers, this webcast addresses evolving retirement attitudes, financial preparedness, practical planning advice, and development of “new era” lifetime income products.

Court details show the extent of an “advice model” run by United Global Capital that justified its winding up earlier this month.

Magellan has launched the first two funds with its strategic partner Vinva Investment Management as executive chair Andrew Formica says the firm is turning back towards growth.

In the firm’s financial results for the three months to 30 September, the platform reported quarterly inflows of $139 million as adviser outflows lessened.

The financial planning software designed for advisers has rebuilt its platform and brought its development team in-house to better adapt to industry changes.

One of the apparently happy outcomes of QAR Tranche 1 was the introduction of relief from having to provide a Financial Services Guide but it turns out this was not all it is cracked up to be, writes Samantha Hills.