Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Barclays plans D2C offering for 2015

Barclays plans D2C offering for 2015

Barclays is cracking on with its plan to target the direct-to-consumer market, with the scheduled launch of its Wealth Direct proposition next year.

The new service will be aimed at self-directed ‘buy and hold’ investors and will go live in the UK during the first half of 2015.

While details on the new proposition are scant, the bank said that its execution-only platform, Barclays Stockbrokers, would form the basis of the service.

In September last year, chief executive Peter Horrell said it would incorporate aspects of the bank’s premier and retail services, alongside its financial personality assessment.

‘Investors who want to manage all or part of their portfolios are a growing and significant part of the investor market and Barclays Stockbrokers is an ideal springboard from which to develop this offering,’ a spokesperson for the bank said.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Play Henderson's Hermon: how to be defensive in smaller caps

Henderson's Hermon: how to be defensive in smaller caps

Hermon, who manages the Henderson Smaller Companies trust, talks about he will tackle a 'challenging' 2016.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter