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.  
 

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.

Italian fintech company, Fabrick, which operates internationally to promote Open Finance, and Prometeia, a consulting, software and research company have announced the launch of Global Investment Portfolio, a digital wealth management solution that harnesses the power of artificial intelligence and open banking. 

TEAM plc, the recently listed wealth, asset management and complementary financial services group, is pleased to announce that on 2 July 2021  it acquired JCAP Limited, trading as JCAP Treasury Services, a leading Jersey based provider of cash management services, focused on improving the return and mitigating the risks associated with the management of cash for institutions, professional advisers, trustees and high net worth individuals. JCAP has over GBP1.3 billion in assets under advice.

Union Bancaire Privée, UBP SA (UBP) and Danske Bank A/S have entered into an agreement whereby Union Bancaire Privée (Europe) SA will acquire Danske Bank’s wealth management business in Luxembourg, operating through Danske Bank International SA (DBI). The transaction, which is an asset deal, is subject to the approval of the relevant regulatory bodies and is expected to be completed in the fourth quarter of 2021. 

BlueVoyant, a cybersecurity services company, has acquired Marclay Associates, a UK-based cybersecurity consultancy that provides world-class incident response and cyber investigation services for global organisations, helping to protect them against increasingly sophisticated threat adversaries and cyber risk vectors. Supporting this acquisition, BlueVoyant will receive USD30 million in funding from existing investors, helping to stimulate further business growth across the region.

Union Bancaire Privée, UBP SA (UBP) and Banco Comercial Português, SA (BCP) have entered into an agreement whereby UBP will acquire the group’s Swiss private bank, Millennium Banque Privée – BCP (Suisse) SA.

SEI has extended its contract with UK wealth manager Netwealth Investments Limited (Netwealth) for a further five years.

CI Financial Corp (CI) is to acquire Radnor Financial Advisors (Radnor), a wealth and investment management firm serving primarily high-net-worth families in the Greater Philadelphia region.

d1g1t Inc, the provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, has closed a new fundraising round worth CAD16 million.