Wealth management firm Hurst Point Group has completed its acquisition of fellow wealth manager Helm Godfrey following Financial Conduct Authority regulatory approval.
The deal, which was initially announced in May, will add £1bn in assets under advice (AUA) and half a billion in assets under management (AUM) to Hurst Point Group. This brings the national wealth manager's total AUA and AUM to approximately £5bn respectively. It has also added 2,500 clients and increased its number of financial advisers to 120. With 65 employees, Helm Godfrey's investment management team will become part of Hawksmoor, Hurst Point's investment management division, while its financial planning team will be incorporated into Argentis, its financial planning division. ...
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