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A report released earlier this year by Netwealth, the wealth manager, found that one in five baby boomers are now millionaires, many having the huge house price growth over the last few decades to thank for their affluence."
Charlotte Ransom, founder and chief executive of Netwealth, the wealth manager, said trust among ordinary savers in the investment industry had sunk to an all-time low as a result of the demise of Mr Woodford's investment company."
Dr Gerard Lyons is chief economic strategist at challenger wealth management firm Netwealth says “…Investing in fintech and preparing for continuous change is one important message, reflected in London’s ongoing success…"
(Charlotte) Ransom says there is a "cynical narrative" that women who come into extraordinary wealth spend extraordinary wealth. But this, she says, underestimates the potential of many divorced women."
Gerard Lyons, chief economic strategist, says: "Central banks have done a very good job over the past nine or ten years… but now we need to look at monetary policy and re-examine the remit."
Her new wealth manager, Netwealth, charges her 0.65pc a year including management fees, underlying fund charges and transaction costs."
Ultimately, openness and honesty is more important than anything else when it comes to managing your finances within a relationship," believes Charlotte Ransom, chief executive of investment company Netwealth."
According to Iain Barnes, head of portfolio management at Netwealth…” Like in any industry, asset management will eventually evolve to what makes it most efficient, as technology nudges it in new directions."
