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

Why psychological factors are critical for targeted support's success

Why psychological factors are critical for targeted support's success

Hidden diversity within segments

Greg B Davies
clock 14 November 2025 • 4 min read
Pre-Budget panic has 'got worse' with the current government

Pre-Budget panic has 'got worse' with the current government

‘Over the years the rumours have become more sensational’

Isabel Baxter
clock 14 November 2025 • 2 min read
Women in Financial Advice Awards 2025: Best pictures from the night

Women in Financial Advice Awards 2025: Best pictures from the night

Celebrating the best women in the industry

Professional Adviser
clock 14 November 2025 • 1 min read