Private Banks, investment managers, financial advisers and financial planners who provide wealth management services to private clients face the dual challenge of developing and maintaining strong relationships with clients, whilst conforming to the requirements of the FCA in a highly regulated area of the financial services industry.
The Private Wealth team at Charles Russell Speechlys understands these challenges as we advise both financial services firms and private individuals.
We work with investment, asset and wealth managers offering products and services into the UK and wider EU market, whether or not through a permanent UK presence, providing legal and tax advice on the financial products and services they offer and on regulatory controls governing the establishment, structure and conduct of day to day business activities. We have particular expertise on the legal and regulatory issues arising in the cross-border distribution of financial products and services.
Private Banks, asset, investment and wealth managers come to us because we understand not just the commercial drivers of the service providers but the concerns and priorities of their clients. Our breadth of experience and comprehensive service means that you can come to us for advice and support at any stage of your business or the relationship with your client, and be confident that we will deliver sound advice which makes sense to you and your clients.
News & Insights
Charles Russell Speechlys advises shareholders of Prescient Financial Intelligence on sale to Quilter Private Client Advisers
Prescient is an independent financial adviser firm that offers bespoke financial planning advice.
Senior Managers and Certification Regime on 9 December 2019
All FCA regulated firms will become subject to the Senior Managers and Certification Regime (SM&CR) on 9 December 2019.
FCA’s Dear CEO letter to Wealth Managers – Focus on Best Execution
On 13th June, the FCA wrote a letter to wealth managers about the risks that the management and stockbroking firms pose to their customers.