The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.

Financial Planning and investment group Tavistock has reported a surge in first half profits thanks to the sale of its investment arm, Tavistock Wealth Limited, to Titan Wealth in August for an initial sum of £20m.

The FCA has issued a warning to consumers about credit broker Grosvenor Associates Ltd which may have been one of a number of credit brokers offering unauthorised investments to clients.

Wealth manager and Financial Planner Kingswood has completed the acquisition of two financial advisers, increasing its number of active clients in the UK to nearly 16,000.

Swindon-based Unique Financial Planning Limited and London-based Chartered Financial Planner The Penny Group have become the first two businesses to sign five-year 'Strategic Partner Firm' contracts with the Openwork network, one of the UK’s largest advisory firms. 

Rapidly-growing Financial Planner and wealth manager Perspective has acquired Financial Planning firm St Lawrence in Kent, its eighth deal of 2021.

London-based MWA Financial has acquired Essex-based CHC Wealth Management as part of a strategy to become a national IFA firm.

West Country-based accountancy and wealth management firm Old Mill has revealed plans to nearly double staff numbers from 320 to 600 over the next five years.

Fast-growing wealth manager and Financial Planner Kingswood has made its second acquisition this week with a deal to buy Smythe and Walter, a Financial Planning firm based in Faversham, Kent.

Bain Capital has outlined plans for its takeover target, the mutual provider LV=, ahead of a key member vote on the controversial deal.