Sanlam UK acquires 40-adviser English Mutual

clock

Financial services group Sanlam UK has acquired financial planning business English Mutual for an undisclosed sum.

English Mutual has 43 advisers based predominately in the South and the Midlands - all of whom will be staying on at Sanlam - and assets under influence of about £400m. Sanlam said the acquisition represents a significant step in its plan to develop a large wealth management business in the UK. Alex Morley, chief executive of English Mutual, said: "This is the perfect move for English Mutual. Our mission remains: to create and deliver the finest financial services experience available to financial advisers and their clients in the United Kingdom." Lukas van der Walt, CEO of Sanlam ...

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

Advice firms report that around four in ten clients are vulnerable - MorganAsh

Advice firms report that around four in ten clients are vulnerable - MorganAsh

Data from the MorganAsh Resilience System

Jaskeet Briah
clock 28 May 2026 • 2 min read
Student loans present 'almost impossible' financial planning question

Student loans present 'almost impossible' financial planning question

To be a 'burden' for years to come, advisers say

Sophia Panayi
clock 28 May 2026 • 5 min read
Advice consolidation: Reputation, regulation and a transforming market

Advice consolidation: Reputation, regulation and a transforming market

Growth alone is no longer enough

Isabel Baxter
clock 27 May 2026 • 5 min read