Sanlam Wealth rebrands to Atomos after £140m PE acquisition

Sanlam UK sold the wealth management business to the private equity firm in September 2021. Atomos means ‘uncuttable' or ‘indivisible' in ancient Greek, according to the hybrid wealth manager. It said the business aimed to bring together all the "benefits of face-to-face service with the access and convenience of modern digital tools". In February this year, the firm announced changes to its leadership team with the exit of Sanlam Private Wealth chief executive Penny Lovell and new appointments including Haig Bathgate as head of investments, Niral Parekh as chief operating officer and...