Wren Sterling confirms acquisition deal for Scottish advice firm

Active Wealth Management will join the national’s existing Glasgow office

Hope William-Smith
clock • 1 min read

National IFA Wren Sterling has completed its acquisition of Glasgow-based Active Wealth Management, bringing £80m of assets into the business.

As part of the deal, Active Wealth Management will join Wren Sterling's existing Glasgow office. The news of the acquisition today (22 March) follows the national's confirmation of its purchase of Warwickshire firm HB&O Financial Services in February - a deal that was first announced back in October. "Both these deals will enable us not only to enhance the offering we are able to bring to clients but also improve the overall DNA of the whole company as we join forces with our new colleagues, who share our entrepreneurial drive and client first culture," said chief executive James Twin...

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