The UK Wealth Management Industry is the second largest in the world and the largest in Europe. Over the five years to 2023-24, the industry is expected to achieve increases in revenue at a compound annual rate of 3.4% to reach £24.2bn.
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 offer clients a full suite of services including audit, tax and advisory, in addition to sector specialist advice such as MIFID II compliance, production of Key Information Documents, and assistance in complying with the Senior Manager Regime.
We are members of both the Investment Association and PIFMA and are passionate about contributing to positive change to help shape the industry and ensure that our clients remain relevant.
We have strong credentials and a proven track record in working with a range of clients from all types of funds, through to Investment Managers, Investment Advisers, Authorised Corporate Directors, Custodians, Depositaries, and related providers.
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:
