Growth and consolidation evident as familiar faces return for Private Client Practitioner's Top 25 Financial Planning Companies 18/06/2013 In a move to reflect the post RDR financial planning sector, Private Client Practitioner has renamed its annual Top 25 IFAs as the Top 25 Financial Planning Companies. As the industry has reacted to the regulatory changes brought about through RDR, a number of the larger and familiar names on the list have cemented their positions as they look to expand their offering across the UK and as a consequence 2013 has seen a period of growth in the industry as the larger firms consolidate their positions at the top of the financial advice market.
Moore Stephens Jersey acquires an investment management consultancy firm 17/06/2013 Moore Stephens Financial Management Limited (MSFM) has acquired Evolution Consulting Limited, a Jersey-based investment management consultancy firm for an unspecified sum to provide their clients with a wider range of services.
Intertrust expands via acquisition 06/06/2013 International fiduciary provider Intertrust Group will acquire ATC Group after ATC’s parent company HgCapital agreed to the sale. The closing of the deal, after all regulatory approvals, is expected to be completed in the coming months.
Citi sells Delaware trust company 05/06/2013 Citibank is to sell its stake in Citigroup Trust-Delaware after Reliance Financial Corporation, a privately held diversified financial services and wealth management company, announced that it is to acquire 100 percent of the firm’s stock
Appleby acquires IoM trust company as part of global strategy of growth 03/06/2013 International legal and fiduciary services provider Appleby has acquired Caledonian Trust (IOM) Limited and Caledonian Fund Services (Europe) Limited as part of the group’s ongoing strategy to grow its fiduciary and administration business.
Manx law firms to merge 31/05/2013 Isle of Man law firm Dougherty Quinn (DQ) is to merge with Kerruish Law & Trust (KLT) with effect from 1 June 2013. KLT is a boutique law firm specialising in HNWI private client, corporate and commercial property.
Midlands law firms merge to fend off national predators 31/05/2013 A merger between Midlands, UK based family law and crime specialists Emery Johnson solicitors with long-established private client experts Astills solicitors has been completed, bringing together some of the region’s highest profile lawyers.
Appleby upbeat with latest offshore M&A report 29/05/2013 While the first quarter of 2013 saw the lowest number of deals in the offshore region since Q1 2008, the offshore M&A market has performed better than the global average, according to a report released today by offshore legal and fiduciary firm Appleby.
