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Wealth firm acquisitions boost profit 83% for 7IM

Discretionary fund manager 7IM saw profits rise to £9.5m in 2021, a rise of 83% from 2020.


Tatton to acquire 50% of DFM 8AM for £7m

Investment manager and adviser support services provider Tatton Asset Management is to acquire 50% of DFM 8AM Global for £7m.


Parmenion launches bespoke investment partnerships

Adviser platform and discretionary fund manager Parmenion has launched a partnership programme for bespoke investments.


FSCS says most clients of failed DFM have been paid back

Most of the 11,500 former clients of failed wealth manager and DFM provider Reyker Securities plc have got their money back after intervention by the Financial Services Compensation Scheme.

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