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Rathbones and Investec's Wealth arm to merge

Rathbones and Investec’s Wealth & Investment UK division are to merge to create a discretionary wealth manager with £100bn in Funds Under Management.

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Evelyn acquires 40-staff Cambridge firm

Wealth manager and professional services group Evelyn Partners has acquired Ashcroft Partnership LLP in Cambridge.

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Progeny hires new UK MD in shake up

Fast growing Chartered Financial Planning firm Progeny has appointed a new UK managing director as it plots international growth.

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Nexus sold for £500,000 after FCA restricts firm

Nexus Independent Financial Advisors Limited and Nexus Investment Managers Limited have been sold for a total of £500,000 following restrictions placed on the firm’s activities by the FCA.

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