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Fairstone website

Fairstone adds 1,000 clients with latest acquisition 

Details
27 May 2021
  • acquisition
  • Lee Hartley
  • Fairstone
  • mergers

Wealth manager Fairstone, which incorporates a major Chartered Financial Planning business, has fully acquired East Midlands-based Sterling Asset Management, adding 1,000 new clients.

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SJP CEO Andrew Croft

SJP reports 23% higher inflows as pandemic eases

Details
26 May 2021
  • SJP
  • Andrew Croft
  • new business
  • mergers

Wealth manager St James's Place says gross inflows for the first five months of 2021 are set to be 23% up on the same period in 2020.

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Ian Mattioli

Mattioli acquires 2 financial firms in £110m deal

Details
26 May 2021
  • Mattioli Woods
  • Ian Mattioli
  • Ludlow Wealth Management
  • acquistions
  • Maven Capital Partners
  • mergers

Mattioli Woods has acquired a private equity firm and a major Financial Planning business in a £110m deal.

Read more …

Nick Lee

Walker Crips to boost Financial Planning arm 

Details
24 May 2021
  • Walker Crips
  • Southampton
  • mergers
  • Nick Lee
  • Charles Cavendish

Wealth manager Walker Crips has boosted its Financial Planning division with a raft of hires for its new Southampton office.

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AFH CEO Alan Hudson

FCA green lights £232m AFH takeover

Details
19 May 2021
  • FCA
  • AFH
  • Alan Hudson
  • takeover
  • acquisition
  • private equity
  • mergers
  • Cortina Bidco

The £232m takeover of Financial Planning-led wealth manager AFH Financial Group has been given the green light by the FCA.

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Exiting Novia CEO Bill Vasilieff

Novia CEO to exit after private equity takeover

Details
14 May 2021
  • Platforms
  • Novia
  • Bill Vasilieff
  • AnaCap
  • mergers

Bill Vasilieff, CEO of £9bn platform Novia, will exit in June following the takeover of the business by private equity firm AnaCap Financial Partners.

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Skybound Wealth Management

GWM Financial Planning rebrands as Skybound

Details
13 May 2021
  • mergers
  • GWM Financial Planning
  • Skybound Wealth Management

GWM Financial Planning has changed its name to Skybound Wealth Management following its acquisition by Skybound Capital in April.

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CashCalc founder Ray Adams

FE fundinfo snaps up cashflow firm CashCalc

Details
13 May 2021
  • CashCalc
  • Ray Adams
  • Niche IFA
  • FE fundinfo
  • mergers

Fund data and tech company FE fundinfo has acquired Financial Planning cashflow modeller CashCalc. 

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Rob Lewis of Celtic Financial Planning

North Wales Planner opens London office

Details
12 May 2021
  • Canary Wharf
  • Celtic Financial Planning
  • mergers
  • Rob Lewis

 

Mold-based Celtic Financial Planning has opened new offices in Canary Wharf in London as it expands its team. 

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Assets under management increased to £51.2bn as at 31 December

Tilney Smith & Williamson sees 6.7% rise in net flows

Details
11 May 2021
  • Tilney Smith & Williamson
  • mergers
  • financial results

Wealth manager Tilney Smith & Williamson reported a 6.7% increase in net inflows to £704.1m for 2020, in its first full year financial results since the merger.

Read more …

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