True Potential put up for sale

Platform, fund management and advice business True Potential has been put up for sale, in a deal that could be worth up to £2bn, according to Sky News. It is reported True Potential has appointed bankers from Perella Weinberg Partners to deal with offers from prospective buyers. The company is owned 739 individual partners, with a […]

7IM poaches from Coutts for new chief strategist

7IM has poached Coutts Investments’ former head of investment strategy Terence Moll to join its investment management team. He will join the platform and discretionary manager as chief strategist. Moll’s former roles span the investment and pension space. He was formerly head of multi-asset allocation for the Universities Superannuation Scheme, as well as holding roles […]

Rathbones completes £104m wealth manager acquisition

Rathbones has completed its acquisition of Scottish independent wealth manager Speirs & Jeffrey, which was announced in June. The acquisition will see Speirs & Jeffrey rebrand and follows Rathbones’ £18m buyout of the Vision Independent network in 2015, which grew its financial planning arm with 78 new advisers. Rathbones had been in talks to acquire Speirs […]


FCA and CII announce new exam to ‘reassess’ Level 4 qualifications

The FCA and Chartered Insurance Institute have announced a new test to reassess whether or not advisers with the Level 4 Diploma in Financial Planning still have sufficient knowledge. From 1 October, the Regulated Retail Investment Adviser Re-Evaluation assessment will be available after a collaboration between the FCA and CII aimed at raising the standards […]

The times they are a-changin’

After joining Artemis last year, Cormac Weldon launched the Artemis US Equity, US Select and US Smaller Companies funds. A lot has happened in the US economy since — including a period of unexpectedly weak growth in the first quarter of this year. US stocks, however, have produced positive returns and all three funds are comfortably […]


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