Wealth manager and Financial Planner Evelyn Partners has completed its takeover of City of London-based Dart Capital, a boutique wealth manager with £750m in assets under management and 19 staff.

GAM shareholders have rejected an offer for the company from Liontrust Asset Management.

Fast growing adviser business acquirer Loyal North has acquired financial advisory firm Paul Wallis Financial Solutions, run by Chartered Financial Planner Paul Wallis, to expand its presence in the South East.

The team behind North West wealth manager Millen Capital are to join Financial Planner and wealth manager Evelyn Partners.

Fund manager the Marlborough Group has taken a “significant’ stake in national IFA and Chartered Financial Planner firm Truly Independent to back its growth plans.

SIPP and pensions provider STM Group has agreed in principle to a £41m takeover bid from Guernsey-based investment vehicle PSF Capital GP II Limited, better known as Pension SuperFund Capital.

Negotiations over a £41m offer for SIPP and pensions provider STM Group have been extended for a second time.

Chartered Financial Planner Lumin Wealth has acquired the Big Picture Wealth Management, a financial adviser based in Ongar, Essex.

Evelyn Partners has signed a deal for the staff and clients of Glasgow-based wealth manager and Financial Planner PPM Wealth to join Evelyn. 

Recruitment firm BWD has launched a mergers and acquisitions service - BWD M&A - aimed at finance advice businesses.