Wealth and Asset Management
DFM's assets trapped after FCA shuts down WealthTek
Clients who invested with discretionary fund manager (DFM) Stellar Asset Management have seen their money trapped following the FCA’s move to close down WealthTek earlier this month. Citywire has learned that as well as being a DFM itself, Newcastle-based WealthTek also provided a custodian service for other wealth managers. This…
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