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Fidelity Personal Investing website

Fidelity buys LGIM’s £5.8bn personal investing arm

Details
23 October 2020
  • Fidelity
  • Fidelity Personal Investing
  • Michelle Scrimgeour
  • Stuart Welch
  • mergers
  • LFIM

Fidelity has acquired Legal & General Investment Management’s UK Personal Investing business which manages £5.8bn in assets for 300,000 clients.

Read more …

Mazars new logo

Mazars rebrands global business

Details
23 October 2020
  • Mazars
  • rebrand
  • Chartered Financial Planners
  • Certified Financial Planners
  • mergers

Financial services company Mazars, which has a substantial UK Financial Planning arm, has launched a global rebrand.

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Mattioli Woods website

Mattioli says market is steadying as it plans to grow

Details
19 October 2020
  • Mattioli Woods
  • Joanne Lake
  • AGM
  • mergers

Wealth manager and SIPP provider Mattioli Woods says its market is beginning to stabilise and it is planning further acquisitions.

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Expect more adviser acquisitions soon says IWP

Details
16 October 2020
  • acquisition
  • IWP
  • mergers

The Financial Planning community can expect to see more acquisitions soon from Independent Wealth Planners, chief executive David Inglesfield has told Financial Planning Today magazine's latest issue.

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MAC Group logo

MAC Financial acquires Isle of Man IFA

Details
15 October 2020
  • Isle of Man
  • acquisition
  • merger
  • mergers
  • MAC Group

Financial Planning firm MAC Financial has acquired the business of Island Financial Solutions (IFS).

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Susie Laws and Gordon Kearney

MBO at Chartered Financial Planners Fiducia Wealth

Details
14 October 2020
  • Essex
  • MBO
  • Chartered Financial Planners
  • management buyout
  • mergers
  • Fiducia Wealth

Chartered Financial Planner firm Fiducia Wealth Management has been bought out by its management.

Read more …

Lucas Fettes website

Lucas Fettes buys Suffolk Chartered Financial Planners

Details
14 October 2020
  • Chartered Financial Planner
  • mergers
  • Lucas Fettes
  • Andrew Dickson

Expanding Chartered Financial Planner firm Lucas Fettes Financial Planning has acquired a fellow Chartered Financial Planner firm, Andrew Dickson of Suffolk.

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MGIM website

MGIM buys Seneca to create £5bn asset manger

Details
13 October 2020
  • Asset Management
  • Seneca
  • M&A
  • mergers
  • MGIM

Momentum Global Investment Management (MGIM) has agreed to acquire Seneca, creating an asset manager with £4.7bn in assets under management.

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SKS Business Services website

Accountants with Financial Planning arms combine

Details
12 October 2020
  • takeover
  • mergers
  • SKS
  • Bailey Group
  • SKS Business Services

Two expanding regional accountancy firms with Financial Planning arms are to combine following a £20m takeover deal.

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Curtis Banks website

Curtis Banks' Talbot and Muir acquisition gains FCA approval

Details
06 October 2020
  • regulation
  • FCA
  • Curtis Banks
  • Talbot and Muir
  • mergers

The acquisition of Talbot and Muir by fellow SIPP provider Curtis Banks has satisfied its pre-conditions, including approval from the Financial Conduct Authority.

Read more …

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