Financial Planning firm Saunderson House will become a restricted financial adviser from 20 June, Financial Planning Today understands.

Investment management and Financial Planning group Rathbones has increased funds under management and administration (FUMA) by 25%, according to the first trading update since the completion of its acquisition of Saunderson House.

Wealth manager and Financial Planner Tilney Smith & Williamson has appointed former Saunderson House Financial Planner James Weston to its London team.

Investment firm and wealth manager Rathbone Brothers has acquired Financial Planner Saunderson House for £150m.