IFAs circle acquisition-hungry wealth manager
The UK firm is targeting funds under management of £10bn
M&A Deals
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UK advice firm continues massive acquisition spree
AFH buys financial planner firm for a maximum purchase price of £3.5m in its first deal of 2019
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City of London Group acquires financial advice firm
CEO says firm ‘will continue to monitor the market for opportunities’ to support its growth strategy
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Sanlam UK buys financial planning firm
The acquired business offers wealth management and family offices services
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DeVere to consolidate position in adviser market after US sale
The firm is set to sell its operation in the US and will make ‘major acquisitions’ with the proceeds
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Financial planning group agrees double acquisition
Also, Caledonia Investments to acquire minority share in a multi-family office
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Fairstone Group acquires IFA business
Some 1,250 clients, five advisers and two support staff will join Fairstone as part of the deal
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Brewin Dolphin buys IFA firm
The acquired firm forms part of wealth manager’s strategy to expand in the south of England
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St James’s Place acquires protection specialist
Firm provides advice on income protection insurance, critical illness insurance and life insurance
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Ascot Lloyd makes third ‘major’ acquisition in three years
The deal will take funds under influence to over £7bn
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ANZ pondering wealth deal after regulatory action
Australian regulator is seeking to disqualify some of IOOF Group’s managerial team
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Generali acquires Merrill Lynch Ucits provider
The firm’s banking arm has also agreed to buy 90% of a Swiss wealth manager