Navigating troubled waters: Lessons from Blankstone Sington

The roadmap for wealth managers in distress

clock • 10 min read

Kerri Wilson looks at the collapse of Blankstone Singleton and outlines a roadmap for wealth managers in distress..

The recent entry of Liverpool-based discretionary investment management and stock brokerage firm Blankstone Sington into special administration has sent ripples throughout the wealth management market in the UK, triggering a wave of concern among investors, rival firms and third-party fund managers alike. Investors are likely to have been left questioning the security of their underlying investments during a special administration process and other firms may well be fearing that this will rock confidence in their activities, especially given the volatile macro environment in which this m...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA's Hulme pledges tougher scrutiny and clearer guidance

FCA's Hulme pledges tougher scrutiny and clearer guidance

‘We will go harder and faster’ to drive ‘good growth’

Sahar Nazir
clock 07 May 2025 • 3 min read
FSCS declares IFA Ltd and AXG Advice in default

FSCS declares IFA Ltd and AXG Advice in default

Leeds and London advice firms face claims

Isabel Baxter
clock 06 May 2025 • 2 min read
FOS complaints rise 49% as investment disputes surge

FOS complaints rise 49% as investment disputes surge

Over 140,000 cases were lodged in H2 2024

Sahar Nazir
clock 06 May 2025 • 2 min read