Raymond James set to clarify its UK identity with Charles Stanley acquisition
There has been some confusion over what role Raymond James plays in the UK wealth market
M&A
-
-
Lloyds Bank buys retirement platform Embark for £390m
Bank is targeting a top-three position in D2C self-directed and robo-advice business in the medium term
-
Martin Gilbert-backed Assetco eyes Rize ETF
It will reportedly raise £25m from investors to fund the acquisition
-
Close Brothers acquires Surrey-based IFA with £300m AUM
PMN Financial acquisition allows CBAM access to high net-worth family clients in Surrey and Hampshire
-
PE firm makes double acquisition to create UK wealth manager
Newly formed business will be ‘actively pursuing an IFA consolidation strategy’
-
Private equity managers defend sector following backlash from Morrisons buyout
Comes after major shareholder LGIM warns against private equity firms taking over supermarket chain for ‘the wrong reasons’
-
Private equity firm completes £232m acquisition of AFH
‘There was a clear opportunity to consolidate in order to better serve customers and create increased value’
-
How does Rathbones’ acquisition of Saunderson House stack up?
The £150m deal makes Rathbones the third largest UK wealth manager, but did it pay over the odds?
-
Martin Gilbert eyes acquisitions after £31m windfall from Grant Thornton litigation
‘The board is hopeful of being able to announce further activity in the short term’
-
Tatton AM sees assets smash £9bn as profits slide
Firm targeting AUM growth of £15bn in three years with £3bn worth of M&A deals anticipated
-
PE-backed consolidator snaps up Tavistock’s £1bn multi-asset arm
‘The deal could be the start of another wave consolidation in the DFM space’
-
Fairstone inks fourth M&A deal of 2021
Deal brings around £100m in funds under management
