Cinven swoops on True Potential

Private equity firm Cinven is to acquire one of the UK’s largest financial advisory firms, wealth manager True Potential.

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Private equity close to buying True Potential - reports

Sky News is reporting that private equity firm Cinven is close to sealing a deal to buy North East-based wealth manager and Financial Planner True Potential.

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Nucleus CEO Ferguson to step down

David Ferguson, CEO and founder of adviser platform Nucleus, is to step down from the company following its takeover by rival James Hay.

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Mattioli Woods completes delayed Ludlow takeover  

Wealth manager and SIPP provider Mattioli Woods has completed its delayed takeover of £1.6bn AUM Ludlow Wealth Management Group.

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