Dundee-headquartered Thorntons Investments has acquired Matheson Financial Consulting and Sonas Wealth Management for an undisclosed sum.
The acquisitions will add around £175m in assets under management to the £420m Thorntons Investments already manages on behalf of clients. As part of the agreement, both firms will retain their existing model and leadership before being rebranded as Thorntons Investments. The deals will see back-office systems and support functions being integrated, enabling them to further develop the service proposition for their clients. Thorntons Investments was first established in 1995 as part of Thorntons Law and now has over 30 staff working in offices across Dundee and Edinburgh. The firm ...
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