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.
New nationwide, independent financial advice and fund management firm One Four Nine Group has completed its third acquisition with the purchase of Total Wealth Planning (TWP).
Wealth group Kingswood Holdings has agreed to acquire, subject to regulatory approval, Money Matters (North East) Limited, a privately owned wealth management business, primarily offering its services in the North East of England.
Independent Wealth Planners (IWP), the nationwide group of independent financial advisers, has continued its rapid expansion with the acquisition of mother-daughter financial planning firm, Acuity Wealth Management (AWM).
The Goldman Sachs Group, Inc. (“Goldman Sachs”) today announced that it has entered into an agreement to acquire NN Investment Partners from NN Group N.V. for approximately EUR1.6 billion. The transaction is expected to close by the end of the first quarter of 2022, subject to regulatory and other approvals and conditions.