Wealth manager M&A in 2022 soared to £137bn in terms of assets under management acquired - a near 60% rise on 2021 (£87bn).

Expanding wealth manager and Financial Planner Craven Street Wealth has acquired London-based Chartered Bernard Barrett Associates.

Rapidly-expanding adviser and fund manager One Four Nine Group has acquired McCrea Financial Services, a long-established full-suite planning firm led by industry veteran Douglas McCrea.

Perspective Financial, the rapidly expanding Financial Planning and wealth management group, has acquired four adviser firms to notch up a milestone of 50 takeovers so far.