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Chris Ralph

SJP’s chief global strategist to step down

Details
21 December 2020
  • St James's Place
  • SJP
  • Chris Ralph
  • mergers
  • moves
  • chief global strategist

Chris Ralph, former chief investment officer at wealth manager St James’s Place, is to step down at the end of this year after 11 years with the company.

Read more …

Transact CEO Jonathan Gunby

Transact to cut charges in April as profits rise

Details
17 December 2020
  • Platforms
  • Transact
  • Integrafin
  • mergers

Transact is to cut some of its charges in April with annual commission charges and buy commission charges both reduced.

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(L to R) – UskVale Financial Planning principal Paul Pelopida and Fairstone chief commercial officer Scott Hopkinson

Fairstone acquires South Wales Financial Planner

Details
16 December 2020
  • Wales
  • Lee Hartley
  • Fairstone
  • acquistion
  • DBO
  • mergers
  • UskVale Financial Planning

Fast-growing Chartered Financial Planner Fairstone has acquired South Wales-based UskVale Financial Planning for an undisclosed sum.

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LV= website

esure owner unveils deal to buy LV= for £530m

Details
15 December 2020
  • LV=
  • takeover
  • private equity
  • mutual
  • Bain Capital
  • mergers

Global private equity firm Bain Capital, the owner of esure and other financial businesses, is to acquire the savings, retirement and protection business of mutual insurer LV= for £530m.

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Novia CEO Bill Vasilieff

Private equity firm snaps up £8bn Novia platform

Details
15 December 2020
  • Platforms
  • Novia
  • private equity
  • AnaCap
  • mergers

Private equity firm AnaCap Financial Partners has acquired the £8bn Novia adviser platform, its third platform acquisition in 12 months.

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Nucleus website

Updated: 2 firms pull out of Nucleus race

Details
04 December 2020
  • Platforms
  • Transact
  • James Hay
  • Nucleus
  • private equity
  • mergers
  • Aquiline Capital Partners
  • Allfunds

Private equity firm Aquiline Capital Partners and fintech Allfunds have pulled out of the bidding race for adviser platform Nucleus.

Read more …

Tavistock website

Tavistock rethinks exec pay boost after concerns

Details
04 December 2020
  • Tavistock
  • Tavistock Investments
  • pay
  • mergers
  • executives

Financial adviser network and wealth manager Tavistock Investments has postponed a general meeting planned to approve a boost to the earnings of senior executives.

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David Lawrence

Kingswood hires CEO from Schroders FP arm

Details
02 December 2020
  • CEO
  • Kingswood
  • Gary Wilder
  • Schroders Personal Wealth
  • mergers
  • David Lawrence

Wealth manager and Financial Planner Kingswood has recruited Schroders Personal Wealth’s chief commercial officer David Lawrence to be its new UK chief executive for wealth management.

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Harpsden Wealth Management

WH Ireland snaps up Chartered Planner for £7.8m

Details
30 November 2020
  • takeover
  • HenleyonThames
  • WH Ireland
  • mergers
  • Harpsden Wealth Management

Wealth manager WH Ireland has acquired Henley-on-Thames Chartered Financial Planner Harpsden Wealth Management.

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Equilibrium's new HQ

Chartered Financial Planner secures bigger HQ

Details
30 November 2020
  • Colin Lawson
  • expansion
  • HQ
  • offices
  • mergers
  • Equilibrium Financial Planning

Expanding Chartered Financial Planning firm Equilibrium has shown confidence in the future by taking a 15 year lease on a new HQ office building for its 89 staff.

Read more …

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