The UK wealth management industry is the largest in Europe and second globally, reaching a record £10 trillion in assets under management in 2024, with over half managed for overseas clients. Retail investments have overtaken pensions for the first time, reflecting strong market growth and investor confidence.
Continued innovation, a robust regulatory environment, and rising demand for tailored advice are driving further expansion of this dynamic sector.
We recognise a number of challenges affecting our client base, as well as the industry more generally, including the need to maintain compliance with the ever-evolving regulatory landscape, the requirement to manage complex IT infrastructure, and the need to deliver a service which continues to exceed investor expectations whilst being fair on costs. At Johnston Carmichael, we are here to help with you with all of the challenges facing your business.
We have strong credentials and a proven track record in working with a range of clients in the following;
- Wealth and Asset Managers
- Open-ended Investment Companies
- Listed Venture Capital Trusts
- Listed Investment Trusts
- Authorised Unit Trusts
- Venture Capital Funds
- Private Equity Funds
We have two core teams, with one team specialising in financial advisors, asset managers and brokers, and one team responsible for UK funds. At present, the Financial Services Team audit over £2.5 billion of assets under management across more than 100 funds. We have produced Key Information Documents for more than 20 funds.
Our services
We provide a whole host of services to our clients across the following key areas:
