Royal Bank of Canada has announced that it has completed the acquisition of Brewin Dolphin Holdings PLC. Brewin Dolphin will now operate as ‘RBC Brewin Dolphin’, as part of RBC, and will continue to be led by CEO, Robin Beer.

Evelyn Partners, the wealth management and professional services group created from the merger of Tilney and Smith & Williamson, has announced that it has acquired the investment management business of Arena Wealth.

Progeny has announced plans to acquire Edinburgh-based Chartered financial planners, Balmoral Asset Management. The firm writes that this represents the next step in Progeny’s concerted expansion into Scotland and will take their total assets under management to more than GBP6.5 billion.

Multi-disciplinary professional services firm, Progeny, has announced plans to acquire The Fry Group, marking its expansion into international markets.

Ambitious wealth management company, AssetCo, headed by industry veteran Martin Gilbert, is to buy SVM Asset Management Limited for GBP10.7 million.

Investor services provider IQ-EQ has announced that the acquisition of Irish fund management business Davy Global Fund Management (“DGFM”) announced in July 2021 has been granted regulatory approval by the Central Bank of Ireland. 

Multi-disciplinary professional services firm, Progeny, has announced plans to acquire Chartered financial planning firm, RU Group. 

The deal, subject to FCA approval, will increase Progeny’s total assets under management to over GBP3 billion and allow the business to expand its presence in south Yorkshire and the east Midlands. 

ALTSMARK, LLC, a private capital portfolio management and services provider for the wealth management industry, has acquired London-based FINLIGHT, the ultra-high-net-worth solutions provider.

Wealth management group Succession Wealth has announced the acquisition of Oxford Advisory Partnership (OAP), an Oxford-based financial advice firm that administers over GBP175 million in client assets.  
 

UBS and Wealthfront, an automated wealth management provider serving the next generation of investors, have signed an agreement whereby UBS will acquire Wealthfront in an all-cash transaction valued at USD1.4 billion.