US wealth management firm buys advisory business
It follows the acquisition of another Chicago-based company
It follows the acquisition of another Chicago-based company
Via investment in fintech firm offering advice and online automated portfolio management solutions
Firm brings £26m of assets under management to the business
Financial terms of the deal to buy the alternatives specialist were not disclosed
‘Retention of staff will be critical to its success’
Firm will have 31 offices as it aims to meet ‘pent up demand for good financial advice’
Deal is expected to close during the third quarter of 2019
Mattioli Woods managing director speaks to IA about pensions, M&A, and the future of the industry
Firm says deal will strengthen its wealth management presence in the north of England
Firm reportedly pipped Rathbones to enter exclusive talks with Investec
The combined company is open to acquisitions ‘if the right business comes up’
It has also sold another wealth business to an accountancy practice