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MAC Group logo

MAC Financial acquires Isle of Man IFA

Details
15 October 2020
  • Isle of Man
  • acquisition
  • merger
  • mergers
  • MAC Group

Financial Planning firm MAC Financial has acquired the business of Island Financial Solutions (IFS).

Read more …

Susie Laws and Gordon Kearney

MBO at Chartered Financial Planners Fiducia Wealth

Details
14 October 2020
  • Essex
  • MBO
  • Chartered Financial Planners
  • management buyout
  • mergers
  • Fiducia Wealth

Chartered Financial Planner firm Fiducia Wealth Management has been bought out by its management.

Read more …

Lucas Fettes website

Lucas Fettes buys Suffolk Chartered Financial Planners

Details
14 October 2020
  • Chartered Financial Planner
  • mergers
  • Lucas Fettes
  • Andrew Dickson

Expanding Chartered Financial Planner firm Lucas Fettes Financial Planning has acquired a fellow Chartered Financial Planner firm, Andrew Dickson of Suffolk.

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MGIM website

MGIM buys Seneca to create £5bn asset manger

Details
13 October 2020
  • Asset Management
  • Seneca
  • M&A
  • mergers
  • MGIM

Momentum Global Investment Management (MGIM) has agreed to acquire Seneca, creating an asset manager with £4.7bn in assets under management.

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SKS Business Services website

Accountants with Financial Planning arms combine

Details
12 October 2020
  • takeover
  • mergers
  • SKS
  • Bailey Group
  • SKS Business Services

Two expanding regional accountancy firms with Financial Planning arms are to combine following a £20m takeover deal.

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Curtis Banks website

Curtis Banks' Talbot and Muir acquisition gains FCA approval

Details
06 October 2020
  • regulation
  • FCA
  • Curtis Banks
  • Talbot and Muir
  • mergers

The acquisition of Talbot and Muir by fellow SIPP provider Curtis Banks has satisfied its pre-conditions, including approval from the Financial Conduct Authority.

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Cavendish Online website

Fidelity acquires low cost firm Cavendish Online

Details
05 October 2020
  • Fidelity
  • Platforms
  • mergers
  • Cavendish Online
  • Ian Williams

 

Fidelity has acquired low cost financial services dealing firm Cavendish Online and will add it to its Personal Investing platform.

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7IM acquires London-based Financial Planner

Details
01 October 2020
  • 7IM
  • Partners Wealth Management
  • M&A
  • mergers

Investment platform 7IM has acquired London-based Financial Planning firm Partners Wealth Management.

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M&G Investments logo

M&G creates £28bn new wealth manager

Details
30 September 2020
  • Ascentric
  • Wealth Management
  • M&G
  • wealth manager
  • David Montgomery
  • mergers

 

Fund manager M&G is to create a new wealth management division under David Montgomery following the recent takeover of platform Ascentric.

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Sam Smith

Perspective appoints group acquisitions director

Details
29 September 2020
  • Attivo Group
  • Perspective Financial Group
  • M&A
  • Sam Smith
  • mergers

Fast-growing Financial Planner Perspective Financial Group has appointed Sam Smith as its group acquisitions director as it looks to finalise more deals.

Read more …

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