Troubled wealth manager and financial services firm WH Ireland has sold its capital markets division to Zeus Capital to help stabilise its finances.

Troubled wealth manager and Financial Planner WH Ireland has confirmed that it is in discussions over the possible sale of its capital markets division as it continues to seek to stabilise the firm.

Fast-growing Financial Planner and wealth manager Kingswood Group has ruled out a sale of the business after a strategic review.

Over half (51%) of Financial Planning firm owners said they expected to exit or sell their business within the next five years, according to new research.