Companies
Platforms struggle to identify ‘orphan’ clients
Only 20% engage with advisers about stranded investors
PEOPLE MOVES: BNP Paribas WM, Manulife IM, Cambridge Associates
Bank names CEO of its Netherlands operation, as investment firm hires head of wealth
European private equity firm snaps up Parmenion for £102m
It has ‘significant capital’ to help the platform ‘grow and consolidate’ within the wealth sector
IFA firm launches third UK operation in a month
Ex-SJP associate partner says he doesn’t ‘see a need for buying client bases’
Standard Life struggling to sell Parmenion
It wants to ‘simplify’ the business and ‘address areas of lower contribution’