The Latest Headlines From Across The Wealth & Asset Management Sector - January

2022-02-09 |  Leo Chancellor

This month, we take a look at the biggest stories shaking up the Wealth & Asset Management sectors. There’s certainly been no let-up as we enter the new year - here are the top stories…

The headlines

David Ferguson (formerly CEO of Nucleus) has been appointed CEO of Seccl and, subject to FCA approval, will take the reins in April. There’s been much talk in the press about what David’s plans might be for the firm, and we look forward to seeing the impact he has on the future development of the firm which has been trying to break the mould of the more traditional platform providers.

Praemium is the latest UK platform business to change hands. It’s being sold to Morningstar, in what could prove to be a transformational acquisition, and a big change of direction from the recent trend of firms being acquired by either PE firms or direct competitors (often backed by PE themselves).

James Hay’s PE owners are allegedly scouting the market for a new investor. This suggests that there will be a significant investment required to integrate the Nucleus platform into the business. You can’t help but feel that the realities of re-platforming and migrations are starting to register with the new owners of UK platform businesses. Anyone who’s been in the industry for a while knows the costs and complexity of these initiatives can’t be underestimated.

In case you missed it…

Our Future Of Wealth Management Whitepaper Is available now

With the range of challenges and opportunities that stand in front of the UK Wealth Management industry today and into the next decade, standing still is not an option if your firm is serious about surviving and thriving in the future.

If you’re a wealth manager who is ambitious enough to break with the traditional approach to delivering for your clients, then there are significant opportunities out there.

To set your firm up for success and help you stay one step ahead of your competition we’ve launched our Future of Wealth Management whitepaper. Download your copy.


Each month we send out a regular email summary of the latest headlines from across the wealth and asset management sector that have caught our eye. If this sounds like something that interests you, please sign up to our monthly headlines here.

If you’d like to talk about any related issues specific to you or your company, do get in touch.

Our Specialisms

Customer Experience and Digital

Customer Experience and Digital

We help deliver customer-focused change, whatever the sector. With a deep understanding of customer and employee experience, we’ll enable you to improve brand perception and develop advocacy, loyalty, and sustainable growth.
Operations and Automation

Operations and Automation

Whatever the challenge; whether it’s responding to a change in strategy, understanding the impacts of regulation or trying to better manage risk, our pragmatic approach resolves operational and technology issues and can help you achieve operational excellence.
Change Delivery and Capability

Change Delivery and Capability

We help plan, mobilise and deliver change. Working on everything from individual project quality assessments to delivering large-scale complex transformation programmes and post-merger integration, we’re adept at a range of change methodologies, and never lose sight of your goals and objectives.

Data and Technology

We help deliver customer-focused change, whatever the sector. With a deep understanding of customer and employee experience, we’ll enable you to improve brand perception and develop advocacy, loyalty, and sustainable growth.