Archive for October 2023
Boosting Efficiency and Reducing Costs: The Role of Outsourcing in Wealth Management
In 2024, wealth managers are looking to improve scalability, reduce costs and achieve digitalization across their offerings. Much of the wealth management industry has struggled with scalability. Data from Compeer1shows that in the last 5 years, only 37% of the industry was able to grow their revenues at a faster rate than costs. According to…
Read MoreTitan Wealth acquires Prism Financial Advice Ltd
Well established business with c.£630m AUA Titan Wealth Holdings (Titan) announces today that it has acquired independent financial advice firm Prism Financial Advice Ltd [subject to regulatory approval]. The acquisition will increase Titan Wealth’s total assets under management / advice to over £12.6bn. Based in Gateshead, Prism is a well-established financial advice firm, with a…
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