Following on from the announcement that Rathbones had bought Saunderson House, Nafeesa Zaman speaks to advisers and commentators to get their thoughts on the latest acquisition in the market.
Financial planning firm Saunderson House caught the eye of wealth management firm Rathbones, leading to a £150m deal that completed on Wednesday (25 June). The acquisition will increase Rathbones' financial planners from 25 to 80, also adding 2,200 clients with an average portfolio size of £2.2m. The deal will strengthen Rathbones' financial planning capability in the professional services arena, namely servicing lawyers and accountants in London and the South East. While Saunderson House's investment clients will benefit from stronger adviser investment propositions, research capabiliti...
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