View more on these topics

Deutsche targets ultra-high-net-worth market with family office offering

Deutsche Bank is launching a new team to offer investment and corporate finance solutions to family office and ultra-high-net-worth clients.

The bank has announced this morning an Institutional Wealth Partners group, allowing Deutsche’s wealth management team to plug into the wider bank’s solutions for premium level clients, offering “specific advice and customised solutions”.

In Europe, the team will be based across London, Frankfurt and Zurich, and the service will be managed by regional heads globally.

Head of Deutsche Bank Wealth Management in Europe Claudio de Sanctis says: “Complementing our wealth management solutions with capabilities from other areas in our bank makes us more agile in responding to the sophisticated needs of our clients. Institutional Wealth Partners links these competences and transforms them efficiently into bespoke solutions.”

Are the ‘big bad banks’ making a comeback?

Regional Head of Deutsche Bank Wealth Management IWP in Europe Caroline Kitidis adds: “Ultra-high-net-worth clients and family offices want to be more actively involved in identifying and realising investment opportunities. Our team is best set to cater to these exclusive needs.”

Despite major bank mulling digital and robo-advice style services, the majority of movements in the market seem to remain at the top end when it comes to advice, with the new Lloyds and Schroders financial planning joint venture also eyeing private clients from the bank.



FCA set to reduce adviser regulatory fees

The FCA has proposed a slight reduction in the amount advisers pay towards the regulator next year. In a consultation on the regulator’s funding this morning, the FCA says it plans to reduce the amount the “A13” fee block pays – which includes advisers and some brokers – from £80.3m in 2018/19 to £79.4m in […]


Pimfa appoints Openwork and Schroders chiefs to board

Trade body Pimfa has made four new appointments to its board of directors to help represent the investment manager and financial adviser sectors. The new members are Openwork chief executive Mark Duckworth and Schroders global head of wealth management Peter Hall. Duckworth is responsible for group and distribution strategy, and oversees the development of the […]


Profile: ‘Someone booed me when I said I was a financial adviser’

Grosvenor Consultancy IFA Alice Douglass on the highs and lows of networking as a financial adviser Traffic wardens, tax inspectors, estate agents and journalists – all people doing jobs that the general public love to hate. But what is it about being a financial adviser that provokes such strong negative reactions from some people too? […]

British Steel Pension Scheme independent review

Justin Corliss, Senior Business Development Manager at Royal London, looks at the recent independent review of the British Steel Pension Scheme restructure. In January 2019, Caroline Rookes, former CEO of the Money Advice Service, published an independent review of the communications and support provided to members of the British Steel Pension Scheme (BSPS) during the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm