M&A, millennials and robo-advice: 11 trends to watch in UK wealth management

Interviewed 12 executives from the top 50 wealth management firms in the UK

Outsourcing solutions service SEI Wealth Platform has identified 11 growing trends within the UK wealth management space against a backdrop of a changing client landscape and technology, as well as external pressures like regulation.

In its latest report, UK wealth management at a crossroads: 11 trends to watch, the firm said UK wealth managers must now "weigh up the costs of changing their business model, their client base, their IT infrastructure, and their culture against the risks of standing still". Here, Investment Week looks at the trends gleaned from one-to-one interviews with wealth management executives from 12 of the top 50 wealth management firms in the UK. Neptune ditches wealth arm plans; Butcher exits 1. Vying for the same pot Wealth management firms are in constant competition with each other ...