UK Wealth Manager Number Drops 20% After Regs On Fees, Commissions

New regulations, including the U.K.’s Retail Distribution Review, make finding financial advice more complicated for wealth-management clients according to St. James’s Place Plc’s David Bellamy. “It’s just become more burdensome for people,” Bellamy, who is chief executive officer of the London-based wealth manager, said in a panel discussion at a…