The Association of Private Client Investment Managers and Stockbrokers has rebranded as the Wealth Management Association, following a vote by members.
The vote took place at its annual general meeting and was approved with unanimous recommendation by the Apcims board.
It says the move follows independent research among members and regular contacts of the association that it needed to change the way it is presented and perceived.
The name change will take place next Tuesday at the first Wealth Management Association Annual Conference.
Chief executive Dr Tim May says: ”Today’s investors are seeking out the very best sources of support, whether they are acting for themselves or using professional advice.
”The need for our members’ services has never been greater. As the Wealth Management Association, we will continue working with regulators, legislators and policy makers to ensure we remain the authoritative voice for our members and their clients.”