Lumin Wealth (Lumin) and Switzerland's VZ Group (VZ) have announced announced a tie-up which will facilitate the build out of Lumin’s UK financial advice and discretionary investment management services.
Finance & Insurance
Pendal Group Limited (Pendal), parent company of J O Hambro Capital Management Limited (JOHCM), is to acquire 100 per cent of Thompson, Siegel & Walmsley LLC (TSW), a Virginia-based value investment manager, for USD320 million.
Independent Wealth Planners (IWP), the nationwide network of independent financial advisers and wealth managers, continues its nationwide expansion with the purchase of Professional Wealth Management (PWM) to create its new Newcastle hub.
Coldstream Wealth Management (Coldstream) has merged Paracle Advisors (Paracle) in a deal that brings together two leading independent RIA firms in the Greater Seattle area – Coldstream, with USD4.3 billion in client assets, and Paracle, with USD1.4 billion in client assets – under the Coldstream brand.