Saltus snaps up Hertfordshire-based NSL Wealth

Second acquisition in six months

Julia Bahr
clock • 2 min read

Saltus Group has acquired 23-year-old wealth management and IFA firm NSL Wealth as part of its long-term growth strategy, the firm revealed.

NSL Wealth was set up by Syd Symonds in 1999 and has grown to £160m assets under management. Symonds will retire but the firm's five staff will move across to Saltus with its office in Bushey, Hertfordshire also retained. NSL Wealth director Jordan Batchelar (pictured) will become a partner at Saltus while Symonds will take on a consultancy and advisory role during the transition. Over the next few years, Symonds will gradually pass all aspects of his day-to-day role to Batchelar, who joined the firm in 2009, to ensure continuity for clients, Saltus said. The deal marks the firm's sec...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 20 January 2025 • 1 min read
Continuum reports assets rise of 23% to £2.4bn

Continuum reports assets rise of 23% to £2.4bn

Tenth consecutive year of double-digit percentage growth

Jen Frost
clock 20 January 2025 • 2 min read
Editor's view: When scams become a laughing matter

Editor's view: When scams become a laughing matter

The editor's Friday Night Takeaway from 17 January

Jen Frost
clock 17 January 2025 • 5 min read