Financial Planner and wealth manager Tavistock Investments has acquired AI fintech and back office support firm Plus Group for up to £16m, to boost its AI capabilities ahead of rebranding as Vertex.

Titan Asset Management has claimed a Court of Appeal victory after judges ruled that a counterclaim submitted by Tavistock in the two firms’ long-running legal battle should not have been allowed.

Financial Planner and wealth manager Tavistock is planning to become an 'industry disruptor' after completing its £6m acquisition of Lifetime Financial Management today in a move it says will help roll out its AI and hybrid advice ambitions.

Wealth manager and Financial Planner Tavistock Investments has expanded on its counterclaims in its legal battle with Titan Wealth Services Limited and Titan Asset Management.

Wealth manager Tavistock today reported an operational loss after a turbulent last six months, during which time the firm quarrelled with former investment partner Titan Wealth and sold its advice business.

Wealth manager Tavistock has confirmed that it will reposition the business after receiving £22m from The Saltus Partnership today for its network of 140 self-employed registered individuals.

Wealth manager Tavistock has acquired asset manager ABP as it completes its sale of its financial advice businesses, Tavistock Partners Limited and Tavistock Partners (UK) Limited, to Saltus.

Saltus has paid up to £37.75m to acquire Tavistock’s financial advice businesses, Tavistock Partners Limited and Tavistock Partners (UK) Limited, including the Abacus and Duchy brands.

Financial Planning firm Tavistock, which is in the middle of a legal spat with former business partner Titan Wealth Services, said profits climbed fifteenfold to £2.23m in the year to end of March, up from £0.14m in the previous 12 months.