The number of people earning more than £100,000 per year who use financial advisers has halved since 2008, according to AT Kearney.
Berry Asset Management has inked a strategic partnership deal with outsourcing outfit SEI as the wealth manager looks to expand its offering in the high net worth space.
Financial security for the family is the top concern of ultra high net worth individuals, according to advisers.
Aviva has overhauled its approach to large case underwriting, to make the process quicker and easier.
The Investment Management Association (IMA)'s head of tax Stephen Lynam is retiring after more than 30 years in the industry.
Around half of high net worth (HNW) individuals place themselves in the ‘balanced' risk category, while the majority expect to pay less for financial advice than they would for an accountant or lawyer.
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Coutts, the private banking arm of RBS, has changed its lending criteria for mortgage clients who will need to have £1m of investable assets before it considers applications.