JP Morgan buys Nutmeg

JP Morgan Chase has acquired loss-making digital wealth manager Nutmeg as it looks to expand its retail digital wealth management offering.

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IWP acquires Surrey-based Financial Planning firm

Independent Wealth Planners (IWP) has acquired Guildford-based Financial Planning firm Omnium Capital Limited.

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Kingswood acquires Lincolnshire Chartered Planning firm

Expanding wealth manager and Financial Planner Kingswood has agreed to acquire North Lincolnshire Chartered Financial Planning firm Admiral Wealth Management for a cash consideration of £4m, payable over two years.

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Tavistock acquires Cambridge IFA as profits rise 50%

Tavistock Investments has acquired Cambridge-based IFA Chater Allan Financial Services and announced a 50% increase in profits for the year ending 31 March.

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