Verso Wealth Management buys CDC in second acquisition of 2022

Founded in 2006, CDC has a team of 10 advisers, investment professionals and support staff. It provides advice on assets exceeding £150m, as at Q4 2021. The addition of CDC to the Verso group adds scale to Verso's network and creates hubs in the North East as Verso builds its national footprint, according to the firm. CDC's four principal directors, Phil Cain, John Dixon, Andrew Mann and Sue Butterworth, will remain in the firm working with Verso's executive team. Additionally, Andrew Mann will continue to lead CDC's investment proposition working alongside Verso's discretionary inves...