These should be golden times for wealth managers. The affluent middle classes are getting richer. Total funds under management grew by 6.7 per cent. Net discretionary funds inflows grew by 6.8 per cent. Brewin prefers discretionary, where it makes all the decisions, over the more cumbersome advisory model, where it is obliged to seek approval before changing…

Source: The Times November 29, 2018 00:03 UTC