Cashcalc will provide onboarding, integration and cashflow modelling software to Sandringham’s financial advisers to help them manage the Financial Planning process. 

Fund manager and wealth group M&G announced in the summer it would acquire the growing financial advisory group Sandringham Financial Partners for an undisclosed sum to add to its new M&G Wealth division. The deal added £2.5bn of assets under advice to M&G Wealth as well as 180 Sandringham advising partners and more than 10,000 individual clients.

Sandringham is working in tandem with the existing M&G Wealth advice, platform and investment businesses. M&G Wealth was formed in September 2020 to expand M&G's interests in the advice and platform sector.  

Sandringham is one of the largest UK Financial Planning firms to add Cashcalc and says it is the first development of several to be rolled out by the firm following its acquisition by M&G Wealth. 

Sandringham chief operating officer Tim Grey said: “This deal allows our advising partners to focus on their clients’ objectives and to illustrate the positive steps they can take to turn those plans into reality.”

Cashcalc features include client self-onboarding, dynamic and remote fact find, digital signatures and cashflow planning tools.

A number of Sandringham partners have been using Cashcalc for some years.