Wren Sterling makes double acquisition adding £400m in AUM

Added 1,000 to its books through two advisory deals

Jenna Brown
clock • 1 min read

Wren Sterling has continued its expansion with two acquisition deals adding more than £400m in assets under management (AUM) and about 1,000 clients.

It took a majority stake in Bodmin-based Stockdale Group, made up of Stockdale & Co, a financial advisory firm, and Stockdale Asset Management, a discretionary fund management business. The deal sees its 700 clients and 12 staff members join Wren Sterling. Its office will become the firm's South West hub. Wren Sterling also bought Messer & Matthews in July. The Guildford-based IFA headed by Charles Matthews, a Chartered financial planner, brought £150m in AUM and 300 clients. The team will remain in their current location for the foreseeable future and work closely with Wren Sterling'...

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