The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Weatherbys, Saxo
Weatherbys Private Bank, a UK private bank with a traditional attachment to the horse racing industry, has launched an execution-only platform to enable clients to trade shares, exchange-traded funds (ETFs), bonds and funds.

Powered by a global platform for online trading and investing by Saxo, the new service offers access to 50 international markets in 46 countries and a range of asset classes. Clients will enjoy competitive institutional rates, with trading fees as low as 0.01 per cent, custody fees at 0.06 per cent, no account minimums and no other platform fees.

The platform has "three levels of sophistication" – from a simple and user-friendly interface, to a platform designed for professional traders, the firm said in a statement. Sign-up is simple and brings real-time reporting, giving clients control and confidence in managing their investments.

Weatherbys will offer personalised support for clients who want to use the service, while Saxo will handle trade execution and platform queries in a secure, Financial Conduct Authority-regulated environment.

The launch follows Weatherbys’ recent expansion of its advisory service to include access to gilts, either through ongoing management or one-off consultations.

“Saxo’s technology has become the backbone of this growing segment in the industry, and we are proud to act as a tier-one partner for Weatherbys Private Bank,” Andrew Bresler, CEO at Saxo UK, said.

Saxo UK is a licensed subsidiary of Saxo, a fintech specialist that connects people to investment opportunities in global capital markets.