The Tilney group is buying the £700m wealth management division of Societe Generale in the UK, SG In...
The Tilney group is buying the £700m wealth management division of Societe Generale in the UK, SG Investment Management Limited (SGIM). The deal, subject to regulatory approval, would increase Tilney's capabilities as SGIM contains not only a private client equities division but also a specialist Sipp business and a fixed interest division. SGIM, the former Strauss Turnbull private client stockbroker, is a subsidiary of SG Hambros. This follows Tilney's acquisition two weeks ago of Edinburgh Fund Managers' private client business,
More than £167,000 raised
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Celtic WM and Active Wealth