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Fintel join CEO Neil Stevens

Fintel pays £14.6m in cash upfront for Threesixty  

Details
03 July 2024
  • Threesixty
  • mergers
  • Fintel
  • support services

Fintech and adviser support firm Fintel has completed the acquisition of support services firm Threesixty from Abrdn for £14.6m, the firm announced today.

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Tavistock brand

Tavistock confirms bid speculation

Details
28 June 2024
  • Tavistock Investments
  • mergers
  • speculation
  • bid
  • Tavistock Group

 

Financial Planner Tavistock has today confirmed that it is considering “a number of potential transactions” including a bid from Financial Planner Saltus for part of its business.

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STM website

STM profits tumble 72% amid prolonged takeover

Details
28 June 2024
  • takeover
  • profits
  • STM
  • mergers

Pensions group STM’s pre-tax profits fell 72% in 2023 as the takeover by Pension SuperFund Capital continues to rumble on.

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NatWest Birmingham branch

NatWest to buy Sainsbury’s Bank for £2.5bn

Details
20 June 2024
  • acquisition
  • Sainsbury's Bank
  • mergers
  • NatWest Group

NatWest Group plc has signed a deal today to acquire Sainsbury’s Bank’s retail banking assets and liabilities and its 1m customer accounts for £2.5bn.

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David Esfandi, CEO of CGWM UK

Canaccord Genuity snaps up £900m AUM Chartered Planner

Details
31 May 2024
  • Canaccord‎ Genuity
  • mergers
  • Cantab Asset Management

 

Canaccord Genuity Group, the Canadian-owned wealth manager expanding in the UK, is to acquire £900m AUM London and Cambridge Chartered Financial Planner Cantab Asset Management.

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HL HQ in Bristol

Hargreaves Lansdown rebuffs £5bn takeover bid

Details
23 May 2024
  • Hargreaves Lansdown
  • takeover
  • HL
  • private equity
  • mergers

Investment platform Hargreaves Lansdown (HL) has rejected a £5bn takeover bid from a private equity consortium.

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MKC Wealth

MKC Wealth acquires 2 adviser firms 

Details
17 May 2024
  • mergers
  • MKC Wealth
  • Gibson Lamb
  • Mulberry Financial

MKC Wealth, the expanding wealth manager, has acquired Dartford-based Gibson Lamb and Mulberry Financial of Macclesfield for undisclosed sums.

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Foresight Wealth website

North West Planner buys local IFA firm

Details
10 May 2024
  • mergers
  • Foresight Wealth Strategists
  • Foresight Wealth Group
  • Cassons Financial Planning

Cheshire-headquartered Financial Planner Foresight Wealth Group has acquired £120m AUM local advice firm Cassons Financial Planning.

Read more …

William Orenstein

Titan Wealth buys London HNW adviser Wigmore

Details
07 May 2024
  • London
  • mergers
  • Titan Wealth
  • Wigmore

Expanding wealth manager and Financial Planer Titan Wealth has completed the acquisition of HNW-client focused London-based investment adviser Wigmore Associates Wealth Management for an undisclosed sum.

Read more …

Janus Henderson website

Janus Henderson acquires 2 firms

Details
03 May 2024
  • Janus Henderson
  • Tabula Investment Management
  • mergers

Investment manager Janus Henderson has acquired two firms, including the private investments arm of National Bank of Kuwait (NBK).

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