Axa has unified the various parts of its wealth proposition into Axa Wealth, which will focus on investments and platform-based solutions among other areas.
The move marks the most prominent stage yet in the creation of a new model wealth management business, following the merging of Axa and Winterthur wealth businesses in 2008. Led by Mike Kellard, Axa Wealth will comprise Axa Winterthur Wealth Management, Axa Distributions Services and its Elevate wrap proposition. It will also include Axa Wealth International, comprising the offshore businesses in the Isle of Man and access to offshore products in Dublin. Axa Wealth will simplify its complex IT infrastructure by increasing the use of straight-through-processing and automated service...
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