Assets under management and administration (AUMA) at wealth manager Quilter fell 11% during 2022 to £99.6bn, from £111.8bn in 2021.

Wealth manager St James’s Place has posted a record pre-tax profit for 2022 of £405.4m, up 41% from £287.6m in 2021.

The biggest concern of high net worth clients is planning for Inheritance Tax, according to new research from RBC Wealth Management.

Swedish wealth manager Söderberg & Partners has revealed plans to enter the UK adviser market.