Wealth firm aims to ‘disrupt’ global private banking space
Newly created business eyes $5bn in assets under management by 2022
Newly created business eyes $5bn in assets under management by 2022
As Fiducian Group acquires retail financial planning arm of a Tasmania-based business
It will be able to give financial advice to HNW individuals and family offices in the country
First M&A deal is part of strategy to create a regional network of small financial advisory businesses
It will offer products, investment advice and services beyond what both firms alone can provide
As double acquisition adds around £250m towards its target
Cost, quality and suitability are all linked
It is not authorised to provide financial or investment services in or from the country
Are advisers too quick to sell their businesses with future clients waiting in the wings?
Firm hopes Glasgow event will bring more diversity to the financial advice sector
Adviser is ‘not a fit and proper person to perform any function in relation to regulated activity’
It may make two more deals before the end of the year which could tip AUM over £1bn