Former Ashcourt boss makes second takeover in new firm

clock

European Wealth Management Group, the firm set up by ex-Ashcourt Rowan chief executive Rod Gentry, has bought Aventus Capital Management.

The acquisition of Aventus, a Cheltenham investment management firm, takes European Wealth's assets under management to over £130m. Aventus was sold to European Wealth by commercial and private law firm Rickerbys. Gentry set up European Wealth in November 2010 and completed its first acquisition, of financial planning group Matthews Smith, earlier this year. Gentry said: "We have clear and ambitious plans for growing European Wealth and this acquisition is very much in line with these plans where we intend acquiring successful businesses and their teams to increase our presence as ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Openwork rolls out protection qualification for advisers

Openwork rolls out protection qualification for advisers

Standalone qualification for those looking to specialise

Jaskeet Briah
clock 02 June 2025 • 2 min read
WWA launches 'landmark' women in personal finance survey

WWA launches 'landmark' women in personal finance survey

Women’s Wealth Alliance is part of the Consumer Duty Alliance

Jenna Brown
clock 02 June 2025 • 2 min read
How Octopus Money is building its 'advice-for-all' model

How Octopus Money is building its 'advice-for-all' model

CEO Ruth Handcock bets on tailored support and tech-assisted efficiency to ‘unlock mass-market growth’

Sahar Nazir
clock 02 June 2025 • 3 min read