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Gabrielle Beaumont, CEO, One Four Nine Group

One Four Nine acquires Chartered Financial Planner

Details
06 November 2024
  • mergers
  • One Four Nine Group
  • Gabrielle Beaumont
  • Castlegate Capital

The Financial Planning arm of national financial adviser One Four Nine Group has acquired Nottingham-based Castlegate Capital, a Chartered Financial Planning firm.

Read more …

Rockhold website

7IM acquires MPS provider Rockhold from ASHL

Details
01 November 2024
  • 7IM
  • ASHL
  • mergers
  • Rockhold Asset Management

Investment platform and wealth manager 7IM has today struck a deal to acquire £2bn AUM MPS provider Rockhold Asset Management from national adviser firm ASHL.

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80Twenty team

Foster Denovo acquires £500m AUM/A Midland adviser firm

Details
29 October 2024
  • foster denovo
  • Roger Brosch
  • mergers
  • Leistershire
  • 80Twenty

 

Financial Planning-focused national adviser Foster Denovo has acquired East Midlands financial adviser firm 80Twenty.

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PSGS website announcement on the deal

Failed SIPP firm sold to 2 competitors

Details
28 October 2024
  • London & Colonial
  • mergers
  • Evelyn Partners
  • PSG SIPP Ltd
  • PSGS
  • Alltrust Services Limited
  • Unity SIPP

Most of failed Sipp firm PSG SIPP Ltd (PSGS), has been sold to Alltrust Services Limited with one part, Unity SIPP, sold to London & Colonial.

Read more …

Boosst staff welcoming the move to employee ownership

Financial Planner Boosst moves to employee ownership

Details
28 October 2024
  • boosst
  • Keith Butten
  • josh butten
  • mergers

 

Milton Keynes-based Financial Planning firm Boosst is transitioning to an Employee Ownership Trust (EOT), the so-called John Lewis model.

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L to R: Robin Newbould, MD (Operations), Ravenscroft / Mark Bousfield, MD (Investments), Ravenscroft

Titan Wealth buys £7.9bn AUM Channel Islands firm

Details
24 October 2024
  • Jersey
  • Ravenscroft
  • mergers
  • Titan Wealth
  • Channelslands

Titan Wealth has signed a deal to acquire £7.9bn AUM Channel Islands wealth manager Ravenscroft Investments Limited.

Read more …

Gustaf Rentzhog of Söderberg & Partners

Söderberg & Partners takes stakes in 4 adviser firms

Details
21 October 2024
  • investment
  • mergers
  • Söderberg & Partners
  • Sweden

Rapidly expanding Swedish-owned wealth manager and Financial Planner Söderberg & Partners has invested in four IFA firms as it continues it strategy of taking stakes in UK adviser firms.

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Perspective CEO Ian Wilkinson

Perspective makes 4 acquisitions

Details
16 October 2024
  • Perspective Financial Group
  • Ian Wilkinson
  • mergers

Fast growing Financial Planning group Perspective has completed four new acquisitions, pushing its total number of takeovers to 15 this year and adding £350m in assets under advice.

Read more …

CBAM website

Close Bros sells wealth management arm for £200m

Details
19 September 2024
  • Close Brothers Asset Management
  • CBAM
  • mergers

Close Brothers Group has sold its Close Brothers Asset Management (CBAM) wealth management arm to private equity firm Oaktree Capital Management for £200m.

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Kate Brown, director for Milne Craig’s Financial Planning practice, with Mark Parkinson, CEO of Azets Wealth Management

Azets snaps up Scottish Financial Planner

Details
30 August 2024
  • Scotland
  • mergers
  • Azets
  • Milne Craig

 

International wealth manager, Financial Planner and professional services firm Azets has acquired Scottish Financial Planner and chartered accountancy firm Milne Craig in a major deal for the financial services sector north of the border.

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