Exclusive: True Potential CEO warns about high bids for firms

Daniel Harrison, chief executive of recently-acquired Financial Planning and wealth management firm True Potential, has warned owners of Financial Planning firms to beware of over-generous offers for their businesses.

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Cinven swoops on True Potential

Private equity firm Cinven is to acquire one of the UK’s largest financial advisory firms, wealth manager True Potential.

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Private equity close to buying True Potential - reports

Sky News is reporting that private equity firm Cinven is close to sealing a deal to buy North East-based wealth manager and Financial Planner True Potential.

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True Potential sees profits soar 59% in 2020

Wealth manager and platform True Potential has reported group turnover up 28% to £184.9m and group profit up 59% to £74m in its 2020 results.

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