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John Foley of M&G

M&G to acquire Sandringham Financial Partners

Details
18 August 2021
  • M&G
  • Sandringham Financial Partners
  • John Foley
  • mergers

Fund manager and wealth group M&G is to acquire the rapidly growing financial advisory group Sandringham Financial Partners for an undisclosed sum.

Read more …

Kingswood website

Kingswood buys Lincs Chartered Planner for £4m

Details
18 August 2021
  • Kingswood
  • Kingswood Holdings
  • Lincs
  • mergers
  • Admiral Wealth Management

Wealth manager and Financial Planner Kingswood Holdings has bought Admiral Wealth Management, a North Lincolnshire-based Chartered Financial Planning firm, for £4m. 

Read more …

FE fundinfo

FE fundinfo buys fintech FundConnect 

Details
16 August 2021
  • FIntech
  • FE fundinfo
  • mergers
  • FundConnect
  • Denmark

Data provider and fintech FE fundinfo has acquired FundConnect, a fund data and technology company based in Denmark, for an undisclosed sum.

Read more …

HL CEO Chris Hill

Profits dip at HL but client numbers surge

Details
09 August 2021
  • Hargreaves Lansdown
  • HL
  • results
  • Chris Hill
  • mergers
  • finals

Online investment platform Hargreaves Lansdown saw pre-tax profits dip by 3% over the past year but reported clients numbers surging by 233,000 to a record 1.645m.

Read more …

Ravi Prema

Young Chartered Planner set to take over family firm 

Details
06 August 2021
  • CII
  • mergers
  • Ravi Prema
  • Dinesh Prema
  • Prema Financial Services

Young Financial Planner Ravi Prema, who qualified as a Chartered Financial Planner at 23 years old, is being lined up to take over the family-run financial advice business Prema Financial Services. 

Read more …

Nucleus founder David Ferguson

6 Nucleus directors exit as James Hay takes control

Details
06 August 2021
  • James Hay
  • Nucleus
  • mergers
  • directores

Six Nucleus directors have stood down from the company today as the takeover of the business by James Hay is completed creating a platform managing £47bn in funds.

Read more …

Fintel website

Fintel sells Zest tech business for £10m

Details
21 July 2021
  • mergers
  • Fintel
  • Zest
  • SimplBiz

Fintel, formerly known as SimplyBiz, has sold its ‘non-core’ Zest tech business for £10m, the company reported today. 

Read more …

PMN website

Close Brothers AM buys Chartered Planner firm

Details
21 July 2021
  • HNW
  • Close Brothers Asset Management
  • HNW clients
  • CBAM
  • mergers
  • PMN Financial Management LLP

Wealth firm and fund manager Close Brothers Asset Management has acquired a Chartered Financial Planning partnership which focuses on working with HNW client families and manages nearly £300m in assets.

Read more …

Fairstone CEO Lee Hartley

Fairstone adds 2 firms to buy-out scheme

Details
21 July 2021
  • Lee Hartley
  • Fairstone
  • acquistions
  • mergers
  • Imagine Financial Planning
  • Forbes Lawson Wealth Management

Wealth adviser Fairstone, which incorporates a large Chartered Financial Planning firm, has added two new firms to its progressive acquisition Downstream Buy Out (DBO) programme.

Read more …

WealthWise is focusing on advice

Experienced trio launches new wealth manager  

Details
19 July 2021
  • Financial advice
  • wealth manager
  • Herts
  • mergers
  • WealthWise Financial Solutions
  • Elstree

Three experienced advisers have joined forces to launch a new wealth management firm in Hertfordshire. 

Read more …

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