Deal adds 850 clients to Old Mutual’s advice arm
Due diligence on DFMs 'impossible'
Creates Merseyside's ‘second largest' advice business
'Robo-advice is an oxymoron', according to CEO
Need to be offloaded as part of 2008 bailout conditions
Mergers and acquisitions among wealth management firms, especially those with less than £5bn in AUM, are set to increase and could even beat the record number of transactions witnessed in 2015, as a tougher regulatory backdrop and Brexit uncertainty exert...