Hurst Point Group has acquired fellow wealth manager Helm Godfrey in a deal that will see it add £1bn in assets under advice (AUA) and half a billion in assets under management (AUM) to its coffers.
The subsidiary of global investment firm The Carlyle Group confirmed to Professional Adviser yesterday (10 May) that around 20 of the Helm Godfrey staff included in the deal are advisers, bringing its total to 120. All 65 Helm Godfrey employees are retained within the deal, which sees its financial planning team become part of Hurst Point Group's planning division. Helm Godfrey will be rebranded to Argentis Group in what is expected to be a full back end, technology and rebrand transition process taking around three months. Moving the acquired firm under the Argentis Group comes on...
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.