More than 100 advisers surveyed
Shifts in currency and equity positions
Ten funds holding more than £200m in total assets moved as part of deal
Just a fifth planning internal succession
City Financial is to acquire the multi-asset range of Investec Wealth & Investment, bringing a further £204m in assets to the company.
A handful of the UK's largest financial advice firms have decided to distinguish their businesses from rivals' by publishing their fees on their company websites.
Investec has reported profits in its asset management business grew 3.6% over the year to the end of March 2015, as its CEO said the wider group is "in the best position it has been since the mid-2000s".
Financial regulators in the US are warning investors and advisers to beware the limitations of automated investment tools.