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Will Samuel

Tilney S&W hunts for new chairman - reports

Details
12 April 2021
  • Sky News
  • Tilney
  • Will Samuel
  • Tilney Smith & Williamson
  • mergers

 

Financial Planner and wealth manager Tilney Smith & Williamson is hunting for a new chairman, Sky News has reported.

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The Openwork Partnership's website

Andrews joins Openwork Partnership

Details
06 April 2021
  • mergers
  • Openwork Partnership
  • Andrews

Andrews Property Group has joined the Openwork Partnership network following its recent rebrand.

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David Inglesfield

IWP acquires 3 Planner firms as expansion continues

Details
01 April 2021
  • IWP
  • David Inglesfield
  • Independent Wealth Planners
  • mergers

Independent Wealth Planners (IWP) has acquired 3 Financial Planning firms, increasing its number of acquisitions to 22 since its launch two years ago.

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M&G website

M&G dumps Ascentric and Pru FP brands 

Details
31 March 2021
  • Ascentric
  • M&G
  • Prudential Financial Planning
  • David Montgomery
  • mergers
  • M&G Wealth
  • PFP

M&G Wealth has axed the brand names of its recently-acquired wealth platform Ascentric and its advice business Prudential Financial Planning (PFP) to bring the businesses under the M&G Wealth name.

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Lumin Wealth website

Lumin Wealth acquires Herts IFA firm

Details
31 March 2021
  • Lumin Wealth
  • mergers
  • Chamberlain Stean and West

St Albans-based Lumin Wealth has acquired nearby IFA firm Chamberlain Stean and West for an undisclosed sum.

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FCA HQ

FCA to open door to more SPAC takeovers

Details
31 March 2021
  • FCA
  • takeovers
  • mergers
  • Lord Hill
  • SPACs
  • Special Purpose Acquisition Companies

The FCA confirmed today that it will consult on better protection for investors when Special Purpose Acquisitions Companies (SPACs) are used as takeover vehicles.

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James Hay's website

James Hay changes Nucleus takeover strategy

Details
30 March 2021
  • James Hay
  • Nucleus
  • acquisition
  • mergers

James Hay is set to acquire rival platform Nucleus via a recommended cash takeover offer, a change of tack from its original plan of using a scheme of arrangement.

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Lee Hartley

Fairstone finalises takeover of Glasgow adviser firm

Details
29 March 2021
  • Lee Hartley
  • Fairstone
  • Chartermarque
  • mergers
  • Scott Morton

Chartered Financial Planning-focused wealth manager Fairstone has acquired Glasgow-based financial adviser Chartermarque.

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John Spiers

EQ Investors makes 3 execs joint-CEOs 

Details
24 March 2021
  • jobs
  • John Spiers
  • EQ Investors
  • EQ
  • mergers

EQ Investors’ CEO John Spiers has become non-executive chair of the company he built, paving the way for the appointment of 3 long-standing colleagues to become CEOs to replace him.

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STM Group website

London & Colonial owner sells Gib businesses

Details
24 March 2021
  • London & Colonial
  • Alan Kentish
  • Gibraltar
  • STM Group
  • mergers

Financial services and SIPP group STM, the owner of the London & Colonial and Options SIPP businesses, has sold some of its Gibraltar-based businesses for just over £3m.

Read more …

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