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Hurst Point Group website

Hurst Point acquires 5 Planner firms in 2020

Details
25 January 2021
  • Neil Dunkley
  • mergers
  • Hurst Point
  • Cameron Lewnes
  • Portcullis Wealth Management
  • Russell Marlow
  • Hazlewood Investment Services
  • Argentis Financial Planning

Hurst Point Group has revealed today that it acquired 5 Financial Planning firms in 2020 with more deals on the way.

Read more …

SJP logo

SJP to chop 200 roles after review

Details
12 January 2021
  • jobs
  • St James's Place
  • SJP
  • Andrew Croft
  • mergers

Wealth manager St James’s Place is to cut 200 jobs from its workforce following a review of the business.

Read more …

Sesame CEO Michele Golunska

Kelly exits as Sesame Bankhall reshuffles exec team

Details
11 January 2021
  • Sesame Bankhall Group
  • reshuffle
  • network
  • Ross Liston
  • Richard Howells
  • mergers

Adviser network Sesame Bankhall Group has given expanded roles to Richard Howells and Ross Liston as part of an exec reshuffle.

Read more …

Nucleus CEO David Ferguson

Takeover target Nucleus reports assets up 8.1%

Details
08 January 2021
  • assets
  • results
  • AUA
  • mergers
  • Nucelus

AIM-listed adviser platform Nucleus, currently subject to a takeover battle, has reported assets under advice up by 8.1% to £17.4bn for Q4 2020.

Read more …

CMA logo

FNZ to challenge CMA sell off order

Details
08 January 2021
  • Platforms
  • FNZ
  • CMA
  • GBST
  • mergers

Platform engine FNZ is to appeal against the Competition and Markets Authority’s order to sell off its recent acquisition and rival GBST.

Read more …

Connectus Wealth Advisers

US wealth adviser buys Cheshire Financial Planner

Details
06 January 2021
  • Cheshire
  • mergers
  • Watterson Financial Planning
  • Focus Financial Partners
  • Connectus Wealth Advisers

Focus Financial Partners, a leading US wealth advisory firm, has acquired Cheshire-based Watterson Financial Planning.

Read more …

David Loudon of Redmayne Bentley

Redmayne Bentley annual profits up 27% 

Details
31 December 2020
  • profits
  • mergers
  • Redmayne Bentley

Investment management and SIPP provider Redmayne Bentley has reported a 27% increase in profits for its latest financial year thanks to a strong final quarter.

Read more …

Kingswood CEO Gary Wilder

Kingswood to raise £20m for 2021 growth plans

Details
31 December 2020
  • Shares
  • private equity
  • Kingswood
  • Gary Wilder
  • Pollen Street Capital
  • mergers

Wealth manager and Financial Planner Kingswood is to raise a further £20m to fund its acquisition war-chest.

Read more …

WH Ireland website

WH Ireland completes £7.8m Chartered Planner takeover

Details
23 December 2020
  • WH Ireland
  • mergers
  • Harpsden Wealth Management
  • Phillip Wale

Wealth manager has completed the £7.8m takeover of Chartered Financial Planner firm Harpsden Wealth Management it announced in November.

Read more …

Chris Ralph

SJP’s chief global strategist to step down

Details
21 December 2020
  • St James's Place
  • SJP
  • Chris Ralph
  • mergers
  • moves
  • chief global strategist

Chris Ralph, former chief investment officer at wealth manager St James’s Place, is to step down at the end of this year after 11 years with the company.

Read more …

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