Quilter Private Client Advisers has added £211m in assets under advice (AUA) after acquiring London-area financial planning businesses Petrus Financial Services, ROC Consultants and M.J.S Wilson & Co.
Quilter's private client advice arm confirmed the three financial adviser co-owners of Windsor-based Petrus Financial Services - Philip Dendy, David Main and Nigel Pearce - would retire following a transition...
Creation of chief commercial officer role
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams