Wealth Management
US private equity firm takes majority stake in Titan Wealth
Marking its first platform investment in the UK
Accountancy group sets up wealth management arm
Company hires former director of an SJP partner firm to run the operation
Canaccord Genuity handed £700m management buyout bid
Group led by CEO Daniel Daviau offered a 30.7% premium on firm’s share price
European wealth managers predict tougher suitability regulations
Most feel they will be pressured to pay compensation for failing to understand clients’ risk profiles
Financial services firm buys Scottish rival
Both companies have wealth management and private client offerings