Firm backed by ex-Aberdeen boss eyes wealth management growth
It ‘now intends to change its business strategy’ after £5.7m investment in River and Mercantile
M&A Deals
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Sale of UK insurer to be investigated
Parliamentary group believes deal may not be the best option for members and policyholders
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US in the news: The Mather Group buys Chicago advice firm
A round-up of people moves and M&A deals across North America
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UK bank sells life arm to US reinsurer
It will withdraw its products from the market including annuities and equity release
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Fintech giants merge to create global wealth platform
Business will have $4trn in assets
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IFA company completes first M&A deal of 2021
It will ‘continue to make acquisitions of high-quality businesses in the year to come’
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Investment firm buys 22% stake in UK wealth manager for £125m
Funding will help the company grow through ‘both internal development and acquisitions’
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IFA consolidator raises funds to finance M&A war chest
It aims to double in size and complete up to four deals within the next 12 months
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Wealth manager buys UK advice firm
Deal expands the company’s existing operations in London and south east
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AIA reportedly bids for Bank of East Asia life unit
Deal valued at around $500m
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UK financial planner buys IFA firm
It is the company’s fourth M&A deal since 2016
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IFA company makes double acquisition
Deals are part of firm’s strategy to buy ‘high-quality businesses’