United Kingdom (UK) Wealth Management - Competitive Dynamics 2020

Table of Contents
1. Executive Summary
1.1 Market overview
1.2 Key findings
1.3 Critical success factors
2. The UK Wealth Management Market Structure
2.1 UK wealth managers use a wide range of business models
2.2 Family offices and private banks keep investment thresholds high
2.3 Wealth managers and competition are concentrated in the traditionally affluent London and South East markets
2.4 The leading UK wealth managers continue to expand
3. Regulatory Trends
3.1 UK regulators focus on COVID-19 impact
3.2 New regulation introduced as the UK leaves the EU
3.3 Goldman Sachs fined just under £100m
4. Competitive Trends
4.1 UK competitors remain active in the M&A space
4.2 Product and service innovation is focused around the digital space, pensions, and ESG investments
5. Appendix
5.1 Abbreviations and acronyms
5.2 Definitions
5.3 Methodology
5.4 Secondary sources

List of Tables
Table 1: Different types of UK onshore wealth management providers
Table 2: Competitors with the highest investment thresholds (discretionary portfolios), 2019
Table 3: Liquid assets held and percentage of HNW clients' assets by region, 2019
Table 4: Top 20 UK wealth management firms by AUM (£m), 2018-19
Table 5: Minimum investment thresholds across the top 20 competitors
Table 6: Select fines imposed by the FCA in 2020
Table 7: Select wealth managers' M&A activity, 2020
Table 8: Select UK wealth managers' new office openings, 2020

List of Figures
Figure 1: The top 20 wealth managers by total AUM are concentrated in London and the South East