Chartered Financial Planning-based wealth manager Fairstone is planning to increase its number of acquisitions this year after acquiring or part acquiring 24 firms over the past 12 months.

Wealth manager Waverton is to merge with rival London & Capital to form a £17bn AUM wealth management business.

Expanding Financial Planner and wealth manager MKC Wealth has acquired London-based Financial Planning Firm Wealth for Women for an undisclosed sum.

The number of Certified Financial Planner professional worldwide rose by 5.1% in 2023 to reach an all time record of 223,770.