Sanlam UK to convert from national to network

The network will comprise regional hubs made up of firms acquired by Sanlam UK.  The company aims to triple the number of its advisers to 300 and grow from £1.7bn to £6bn in funds under management. Sanlam Private Wealth, the advisory division of Sanlam UK, is targeting firms of between six and 12 advisers for acquisition. The firms will retain their own branding initially but will be encouraged to rebrand to Sanlam and become appointed representatives within two years of acquisition. All firms will be rebranded by 2017.  Sanlam Private Wealth currently comprises 60 directly auth...