M&A Deals
UK financial planner snaps up IFA firm
Deal brings the company’s assets under management to over £600m
Advice consolidators now more willing to do deals with DB firms
IFAs with pension transfer permissions need to be more ‘proactive’ with acquirers about legacy cases
Rothschild & Co buys Swiss private bank
Deal will see overall AuM in its wealth and asset management division exceed €75bn
Global private client merger called off
Firms say ‘now is not the right time to combine the businesses’
UK financial planning firm makes sixth acquisition of 2020
Deal adds around £120m to the group’s assets under management