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MKC Wealth

MKC Wealth acquires 2 adviser firms 

Details
17 May 2024
  • mergers
  • MKC Wealth
  • Gibson Lamb
  • Mulberry Financial

MKC Wealth, the expanding wealth manager, has acquired Dartford-based Gibson Lamb and Mulberry Financial of Macclesfield for undisclosed sums.

Read more …

Foresight Wealth website

North West Planner buys local IFA firm

Details
10 May 2024
  • mergers
  • Foresight Wealth Strategists
  • Foresight Wealth Group
  • Cassons Financial Planning

Cheshire-headquartered Financial Planner Foresight Wealth Group has acquired £120m AUM local advice firm Cassons Financial Planning.

Read more …

William Orenstein

Titan Wealth buys London HNW adviser Wigmore

Details
07 May 2024
  • London
  • mergers
  • Titan Wealth
  • Wigmore

Expanding wealth manager and Financial Planer Titan Wealth has completed the acquisition of HNW-client focused London-based investment adviser Wigmore Associates Wealth Management for an undisclosed sum.

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Janus Henderson website

Janus Henderson acquires 2 firms

Details
03 May 2024
  • Janus Henderson
  • Tabula Investment Management
  • mergers

Investment manager Janus Henderson has acquired two firms, including the private investments arm of National Bank of Kuwait (NBK).

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Mattioli Woods website

£432m takeover of Mattioli Woods moves ahead

Details
26 April 2024
  • Mattioli Woods
  • takeover
  • private equity
  • acquistion
  • Pollen Street Capital
  • mergers

The £432m private equity acquisition of SIPPs and Financial Planning firm Mattioli Woods has moved ahead this week with over 95% of shareholders voting in favour.

Read more …

Redmayne Bentley website

Redmayne to acquire Blankstone Sington client assets

Details
23 April 2024
  • FCA
  • FSCS
  • mergers
  • Redmayne Bentley
  • Blankstone Sington

Wealth manager and stockbroker Redmayne Bentley is to acquire the client assets of failed Liverpool wealth manager and stockbroker Blankstone Sington, subject to regulatory and court approval.

Read more …

Gunner & Co website

Valuations for IFA businesses drop

Details
17 April 2024
  • acquistions
  • M&A
  • Gunner & Co
  • mergers

The valuation of independent financial advice businesses has dropped from an average of 4 times recurring income in 2022 to 3.3 times recurring income for the first quarter of 2024, according to a new study.

Read more …

Aspira website

Titan Wealth snaps up £4bn AUM Bristol Planner Aspira

Details
17 April 2024
  • Aspira
  • mergers
  • Titan Wealth

Expanding wealth manager and Financial Planner Titan Wealth has completed its second acquisition this week with a deal to buy Bristol-based 45-adviser firm Aspira, boosting Titan’s assets under management and advice to over £17.3bn.

Read more …

Outgoing Fidelius CEO Jim Grant

Fidelius CEO steps down as Swedes’ stake approved

Details
03 April 2024
  • bath
  • Chartered Financial Planner
  • Fidelius
  • Jim Grant
  • mergers
  • Sӧderberg & Partners

Jim Grant, CEO of Bath-based Chartered Financial Planner Fidelius, is stepping down after 12 years in the role as the FCA gives the go ahead to Swedish wealth manager Sӧderberg & Partners to take a minority stake in the business.

Read more …

Wren Sterling CEO James Twining

Wren Sterling strikes first takeover deal of 2024

Details
28 March 2024
  • Nottingham
  • Wren Sterling
  • mergers
  • TW Financial Planning

National Financial Planner Wren Sterling has completed its first acquisition of 2024 with a deal to buy £265m AUM Newcastle-under-Lyme firm TW Financial Planning.

Read more …

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