Total group funds under management at wealth manager and Financial Planner Brooks Macdonald increased 13.6% to £15.5bn in its second quarter ending 31 December 2020.

FCA regulated stockbroker and investment platform app Freetrade has launched a SIPP, administered by Gaudi.

Murphy Wealth, a Financial Life Planning firm based in Glasgow, has promoted John Moran as its new executive chair and Neil Bage to the new role of chief behavioural officer.

Fund platform and investment manager Fidelity has launched a new restricted advice wealth management service called Fidelity Wealth Management.

Adviser network Openwork has seen the first 19 graduates join its newly-launched Graduate Wealth Pathway Scheme this week.

Smith & Williamson Investment Management’s Managed Portfolio Service has added BlackRock’s Gold and General fund in anticipation of resurgent inflation over the next few years.

International wealth manager deVere is offering free advice to clients on socially responsible investing as it seeks to move more clients towards ESG investments.

Wealth manager St James’s Place is to cut 200 jobs from its workforce following a review of the business.

Financial Planning, investment and mortgages firm Beaufort Group has appointed Chartered Financial Planner Jade Connolly as chief operating officer.

Financial Planning and wealth management group Perspective Financial has acquired Northamptonshire-based Financial Planner Independent Life & Pensions (ILPG).