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The week on thewealthnet: Waverton IM, Coutts, Stanhope Capital, and more...

News Team, 01/07/2019

To start the week Ian Orton looked at how a big increase in personnel at Waverton Investment Management has hit profits, while international editor John Evans examined a move by Lloyds to freeze the accounts of 8,000 offshore Jersey customers, amidst know your customer concerns.

The following day our news team took a look at the acquisition-hungry wealth manager looking to raise finance through to fund its £100 million pipeline, and Bellevue Group was in discussions over the sale of its Bank am Bellevue wealth management unit arm.

Ian Orton looked at how an increased investment management focus at Coutts has helped transform the Queen's bank into one of the UK’s most profitable wealth management firms. Later in the week he analysed the London investment boutique that has boosted its profits by 55 percent.

Coutts made the headlines again when one of its veterans departed to head the Midlands office of multi-family office Artorius.

Alexandra Newlove spoke to Stanhope Capital's chief investment officer Jonathan Bell about why the firm is withdrawing from Jersey, and the rationale behind its new office in Paris.

And Freddie Pooter ended the week on a romantic note, taking a look at the golden couple of wealth management.

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