Edinburgh

McHardy Private Wealth is acquiring Thorntons Wealth and is close to buying two more Scottish businesses, it has been revealed. Managing partner Andy Kerr told Daily Business it was expected to expand into Glasgow early in the new year, followed by a deal in the north east in the spring.

Isio has opened an office in Edinburgh after securing more than 50 new clients in the past two years. The pensions, wealth and employee benefits firms has grown its workforce in Scotland from 30 staff to 160 since it launched in 2020. Its team are now split equally between Edinburgh and Glasgow.

Senior figures from BlackRock, Aegon Asset Management, Aberdeen Investments and Aberforth Partners have said Scotland’s 700-year financial heritage is no longer enough on its own to stay competitive and grow the sector. Investors heard from Sandra Boss, UK chair at BlackRock, Aegon chief execu

Private Equity group CVC Capital Partners is establishing a base in Edinburgh, in a boost to the city’s asset management sector. Our sister website Daily Business broke the news of the new office in South Gyle will be home to 20 employees as the firm builds its presence in the city a

The Financial Conduct Authority's (FCA) chair, Ashley Alder, faced calls to resign at the regulator's first public annual meeting in Edinburgh, as whistleblowers and campaigners challenged its decision to let one of its own non-executive directors investigate how it dealt with Simon Andreisz before

Baillie Gifford has concluded its voluntary exit programme, which will see around 160 jobs cut across its UK business. The move was part of a plan to position itself for the future. The asset manager launched the voluntary exit programme in July, following its move to its new Edinburgh office in Hay

Insurance broking and risk management firm Caledonia Dallas has hired Rhona Scott from NFU Mutual. Scott joins the firm following nearly 15 years at NFU Mutual's Elgin agency, where she held the position of office manager and developed extensive experience across administration, compliance, customer

Baillie Gifford has partnered with Essentia Analytics to develop, a new offering called Essentia Data-Out (EDO), which will deliver Essentia's "behavioral intelligence directly into an asset manager’s own data and AI environment.” The investment manager is a founding partner in Essentia'

Aubrey Capital Management has relocated its Edinburgh headquarters to 37 Melville Street from its base on Coates Crescent. The new office will provide its teams with a "modern, professionally managed working environment", alongside enhanced facilities for hosting clients and business partners.

Invest2Scale has unveiled a new series of masterclasses aimed at helping Scotland's scaling businesses become more investable, with sessions on financial planning, capital raising and investor readiness. The initiative founded by Eden Scott, Cazenove Capital, MBM Commercial and CT, replaces the grou

Aubrey Capital Management has redeployed some of its capital back into India after generating strong returns from a select number of emerging market technology and AI-related holdings. Rob Brewis, director and investment manager at the firm, provided a short update on the fund for shareholders revea

Quilter Cheviot has hired former Brewin Dolphin investment manager John Moore as an investment manager in its Edinburgh office. Mr Moore will aim to strengthen the firm’s investment capability in Scotland and its support for advisers and high net worth clients across the region. He will report

Aberdeen Adviser has selected LegadoSign to secure all of its digital signing across its customer onboarding documents. The Edinburgh-based tech company signed a multi-year partnership with the FNZ to integrate its technology into FNZ's global wealth management platform last year. As part of th

Royal London has identified seven funds needing improvement in its latest Assessment of Value (AoV) report after a "demanding" year for investors. The Edinburgh-based asset manager highlighted that seven of its 40 funds were "flagged for review", five funds had "a potential issue", and two of the fu

Continuum founder Martin Brown has announced he will retire and step down from his role as managing partner at Continuum at the end of August after more than a decade leading the firm. Mr Brown, who has spent more than 30 years in the advice sector, founded Continuum in 2014 with a vision to create