M&G snaps up IFA Continuum in latest advice deal

Plymouth-based IFA

Jenna Brown
clock • 2 min read

M&G is to acquire Continuum (Financial Services), the Plymouth-based IFA business, for an undisclosed sum.

The deal, subject to regulatory approval, will see M&G take an initial 49.9% stake this year with a scheduled agreement in place to acquire the remainder over the following two years. Continuum was launched in 2014 by founding partner Martin Brown. It has about 60 IFAs operating nationally through its brand. The business has assets under influence in excess of £1.5bn and some 12,000 clients. Continuum will become part of M&G Wealth but will retain its own brand and sit alongside M&G Wealth's existing businesses. M&G said it had strong links across the UK's accountancy profession an...

To continue reading this article...

Join Professional Adviser

  • 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 profession

Thousands of PFS members respond to CII takeover consultation

Thousands of PFS members respond to CII takeover consultation

Responses showed ‘passion and strength of feeling’ among members

Jenna Brown
clock 27 January 2023 • 2 min read
Continuum reports record jump in number of new advisers

Continuum reports record jump in number of new advisers

Ambitious growth plans to become ‘a true household name’

Laura Miller
clock 26 January 2023 • 2 min read
Just reports new business sales up 17% led by DB arm

Just reports new business sales up 17% led by DB arm

Completed its largest DB de-risking transaction to date in July

Laura Miller
clock 26 January 2023 • 2 min read