Close Brothers saw its assets under management creep higher in the five months to 31 December 2013, while broker arm Winterflood saw performance improve.
Even affluent households are concerned about generating sufficient retirement income according to research from Close Brothers Asset Management.
Close Brothers Asset Management (CBAM) has created a team of specialist financial advisers to assist clients with planning for long term care (LTC).
Royal London Asset Management (RLAM)'s Martin Cholwill has upped his stake in Brewin Dolphin as he backs three wealth managers to survive the post-Retail Distribution Review (RDR) world.
Close Brothers has reported positive net flows into its asset management division, with assets under management up 10% year to date.
The decision by the European Central Bank (ECB) to cut interest rates is a "positive step" but more pro-growth polices are needed, according to the chief investment officer of Close Brothers Asset Management.
Chris Bailey, the manager of Close Brothers Asset Management's Growth and Conservative funds, has stepped down from the group.