Small adviser platform Wealthtime to be acquired by private equity firm
Subject to regulatory approval
“The new management team will need to ensure advisers are reassured this won’t change as a result of the acquisition" - lang cat's Mike Barrett.
Adviser platform Wealthtime is set to be acquired by private equity firm AnaCap Financial Partners, subject to regulatory approval.
According to Wealthtime, its focus post-acquisition will be to grow its business by "enhancing" the adviser experience. Investment from the acquisition will focus on Wealthtime's proprietary platform technology...
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