CI Financial Corp is to acquire full ownership of BDF, a private wealth management firm with USD4.5 billion in assets.
Deals & Transactions
Kames Capital is to complete its rebrand under the Aegon Asset Management umbrella on 7 September 2020.
Refinitiv has acquired strategic assets from Advisor Software Inc (ASI), adding key digital functionalities to Refinitiv’s Wealth Management offering including enhanced digital advice capabilities and digital portfolio analysis.
SFA Partners has recruited four wealth management firms: Kolinsky Wealth Management, Lehner Carroll Shope Capital Management, OakPoint Investment Partners and Life Income. Together, the offices have over USD585 million in client assets – more than USD200 million of which has been added to platforms under the SFA Partners brand.
Curtis Banks, one of the UK’s largest independent SIPP and SSAS operators, is to acquire the SIPP and SSAS provider Talbot and Muir, and fintech provider Dunstan Thomas, subject to completion.
European digital wealth manager Scalable Capital has raised an additional EUR50 million in a Series D financing round. The money will be used to further accelerate growth in wealth management, brokerage and its B2B business.
International financial advisory firm AHR Private Wealth is to acquire London-based AXG Group. The AXG Group companies’ will integrate into the AHR framework, while continuing to provide advice and a centralised investment proposition for financial advisers operating in the international market.
LeapFrog Strategic Africa Investments (LSAI) is to acquire a 24 per cent stake in ICEA LION Insurance Holdings Limited (ICEA LION Holdings).
JTC has completed the acquisition of Sanne’s private client business, which was announced in March this year.
Following receipt of regulatory approval from the Monetary Authority of Singapore (MAS), ZEDRA has completed its acquisition of BNP Paribas Singapore Trust Corporation Limited, first announced in January of this year.