UK Wealth Management Sector Scrutinised in In-demand Verdict Retail Research Report Available at MarketPublishers.com04 Jan 2016 • by Natalie Aster
LONDON – London and the South East of England are the most important centres of the UK’s wealth manager activity, which is no wonder as these regions are home to around one third of the country’s all high-net-worth individuals (HNWIs). In terms of assets under management (AUM), St. James’s Place takes the lead in the market, with Coutts and Barclays following after. The 20 major UK wealth managers’ AUM surged by nearly 8% YoY during 2013-2014. M&A activity has mainly been stimulated by growing consolidation in the independent financial advisor segment, with competitors with acquisition-led growth strategies capturing a dominant share of the M&A activity in 2015. To reach retail and mass affluent customers, a range of wealth managers are developing or launching their simplified advice service platforms, such as EQ Investors, Investec, Charles Stanley, and Towry. The advice market keeps on being a major focus for the Financial Conduct Authority (FCA), which in 2015 published guidance on boundaries relating to regulated investment advice and is presently seeking points of view on how simplified advice and robo-advice could assist in bridging the advice gap.
In-demand research study “Wealth in the UK: Competitive Dynamics 2015” drawn up by Verdict Retail provides an all-round analysis of UK’s wealth management marketplace. The research report gives a granular overview of the market structure by business model and client thresholds; presents rankings of key competitors based on AUM; offers an in-depth analysis of essential regulations pertaining to wealth managers, like the FCA’s guidance on retail investment advice, the retail distribution review (RDR) and the Directive on markets in financial instruments (MiFID II).Furthermore, the report provides deep insights into the competitive landscape, covering M&A activity, new entrants and departures. Major trends in service and product developments, like new D2C propositions, mobile wealth, etc. are discussed, too.
Wealth in the UK: Competitive Dynamics 2015
Published: November, 2015
Price: US$ 3,450.00
More comprehensive reports by the publisher can be found at Verdict Retail page.