UK family office merges with US wealth manager
Newly formed business will have $54bn in AuM with offices across four continents and 11 countries
Newly formed business will have $54bn in AuM with offices across four continents and 11 countries
Deal will expand the acquirer’s private wealth operation
A round-up of people moves and M&A deals across North America
‘Expansion into the sector was a key target area’
And enters into a distribution agreement with its parent company
Deal allows the company to ‘provide a broader range financial services under one roof’
Acquirer is ‘confident’ in its ‘ability to finance and execute’ further deals
A round-up of people moves and M&A deals across North America
But it will ‘maintain an asset management business’ in Britain
Following reports that a deal was signed on 7 September 2021
Deal ‘includes a cash component and capital funding for growth and future acquisitions’
After months of M&A discussions