AssetCo handed more time to make River and Mercantile bid
A week after Premier Miton dropped out of the race
M&A Deals
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Nedbank Private Wealth sells off trust business
Deal helps acquirer bolster its operation in the Channel Islands
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Succession Wealth acquires UK financial planning firm
Company sees ‘plenty of interesting opportunities in the market’
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Schroder’s Benchmark Capital buys wealth firm
It will take client assets to £2.1bn, with more deals in the pipeline
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Tavistock acquires IFA group for £3.7m
Deal adds around £500m in assets under advice
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US in the news: Mercer Advisors makes triple acquisition
A round-up of people moves and M&A deals across North America
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Global bank buys Citi wealth arms in four Asian markets
Deal adds around 2.4 million customers
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Financial services provider buys Guernsey and Swiss trust firm
Deal will expand offering across the Channel Islands and Europe
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PE-backed UK advice consolidators doubled in 2021
‘We have seen an unprecedented influx of new private equity capital into the industry’
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Asset manager drops out of race to buy River and Mercantile
But AssetCo remains in discussions to acquire the business
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Banking group eyes US and Europe wealth expansion
It wants to make ‘selective or smaller acquisitions’
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Singapore wealth platform buys UK digital bank for £25m
Acquisition will allow the group to obtain a banking licence in Britain