Sanlam UK has acquired a 55% stake in Cheshire-based independent financial planning business Avidus Scott Lang (ASL), doubling Sanlam's footprint in the north of England.
ASL was started in 1983 by Dean Scott and Jimmy Lang and now comprises 12 financial advisers and support staff, with clients across the North. Sanlam now has six offices in the region, following other strategic acquisitions earlier in the year. In January, Sanlam UK acquired Preston-based Astute Wealth Management and has also purchased independent financial planning firm Blackett Walker this year. In addition, Thesis Asset Management was bought by Sanlam UK in April, boosting its UK private client discretionary assets under management. Commitment to grow in the north CEO...
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