Rathbones drives growth with financial advice firm acquisition

To acquire Vision Group

Daniel Flynn
clock

Rathbone Brothers is to acquire independent financial advice network Vision Group for an initial consideration of £5m as part of its continuing growth strategy.

The wealth manager will acquire the remaining 80.1% in Vision Independent Financial Planning and Castle Investment Solutions, part of the wider Vision Group. Rathbones has agreed to pay £5m plus the net asset value of the acquired business on completion. It purchased a 19.9% stake in the company for £2m in October 2012. It will also pay up to a further £13m for the business between completion and early 2020, dependent on Vision meeting growth and operational targets. The group said the acquisition of the remaining stake is part of its strategy of broadening its distribution and acc...

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 Investment

Consultancy launches to provide IFAs with 'robust' investment processes

Consultancy launches to provide IFAs with 'robust' investment processes

Sheridan Admans launches Infundly

Isabel Baxter
clock 06 November 2025 • 1 min read
Inflation protection not front of mind for financial advisers

Inflation protection not front of mind for financial advisers

Titan Square Mile report suggests

Jen Frost
clock 04 November 2025 • 3 min read
Trick or treat? The UK and global economy face their Halloween ghosts

Trick or treat? The UK and global economy face their Halloween ghosts

‘Wealth managers and market professionals are tiptoeing past economic graveyards’

Stephen Jones
clock 31 October 2025 • 4 min read