£17bn AUM wealth manager created as 2 firms merge

Wealth manager Waverton is to merge with rival London & Capital to form a £17bn AUM wealth management business.

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US private equity firm acquires UK wealth manager 

Financial services-focused US private equity firm Lovell Minnick Partners (LMP) is to acquire a majority stake in London-based wealth manager London & Capital. 

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Foster Denovo buys London & Capital’s UK wealth business

National advice firm Foster Denovo Group has acquired part of London & Capital’s UK Wealth business, it was revealed today.

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