Bellpenny plans to continue buying spree
Bellpenny has said it intends to buy a further ten businesses by the end of 2015, following the completion of its latest wealth management acquisition.
Bellpenny has said it intends to buy a further ten businesses by the end of 2015, following the completion of its latest wealth management acquisition.
Bellpenny has said it intends to buy a further ten businesses by the end of 2015, following the completion of its latest wealth management acquisition.
Bellpenny has added another name to its ever-expanding list of acquisitions with the purchase of IFA Legal & Professional Services.
Demographics and regulatory issues are likely to continue to drive M&A within the wealth management space, says Bellpenny CEO, Kevin Ronaldson.
Assets under management of IFA consolidator Bellpenny have hit just over £1.8bn after acquiring Hansen Lloyd Asset Management.
The IFA consolidator has racked up its biggest deal to date.
After completing its 16th deal, IFA consolidator Bellpenny now oversees £1.45bn funds under management.
Financial planners at Bellpenny are able to offer clients bespoke portfolios in their passive model range.
Wealth managers have polarised into two distinct categories during 2013: those who believe a regional presence is vital and those who have chosen to consolidate into a few key cities.
Bellpenny has purchased Glasgow-based wealth manager MGW for an undisclosed sum as it continues along its acquisition trail.
Serial IFA acquisitor and wealth management group Bellpenny has completed the acquisition of Newbury-based IFA Meridan Park Associates, bringing its total funds under management to £1bn.
Acquisitive wealth manager Bellpenny has completed its tenth deal with the purchase of Glasgow-based IFA KM Financial Advisers.