Ashcourt Rowan

Jamie Frere-Scott has joined Ashcourt Rowan as funds director after less than a year as head of research at life insurer Mobius Life.

Restricted advice group Towry is evaluating its house view on structured products and investment trusts following its acquisition of national IFA Ashcourt Rowan, in a move which could see the combined business registered as independent.

The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.

The chief executive of national IFA Ashcourt Rowan has talked of the importance of scale in wealth management as the company awaits regulatory approval for a near-£100m takeover by Towry.

Towry is to acquire Ashcourt Rowan in a £97m deal which will see the latter's CEO Jonathan Polin exit the firm.

Aberdeen Asset Management chief executive Martin Gilbert has met Google executives in a bid to better understand the technological challenges facing the fund industry, according to reports.

Ashcourt Rowan has seen a strong six-month period to end of September as its acquisition of UK Wealth Management in April helped boost revenues and assets under management.

Where are the best credit opportunities following the sell-off?

Wealth manager Ashcourt Rowan has sold its remaining SIPP and SSAS business to Mattioli Woods.

Ashcourt Rowan has grown its investment team after hiring two investment directors from HSBC Global Asset Management.