St James’s Place‘s platform upgrade is likely to cost the wealth management giant in excess of £170m, latest results reveal. Financial statements for 2017 show that the firm’s new Bluedoor system cost it nearly £22m for the year, up from £17m for 2016, as assets continue to migrate over to the new technology. While two-thirds […]
Aim-listed advice and investment firm Harwood Wealth Management has continued its run of acquisitions with a deal to buy an Ascot-based retirement advice specialist. Harwood has acquired the assets of Plan65 for up to £1.56m depending on performance, with an initial payment of £810,000 coming out of Harwood’s existing cash reserve and the rest of […]
Forcing companies to reveal their gender pay gap data has shone a light on the vast pay disparity between men and women in the advice and fund management sectors. New legislation requires public and private firms with more than 250 employees to publish details of the difference in pay between men and women, with fines […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
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