Craven Street Wealth buys Punter Southall's financial planning arm

The transaction boosts assets under management from £1.2bn to £1.8bn and increases its presence in the south of England, adding Oxford, Bedford and Poole to existing offices in London, Canterbury and Horsham, with 90 employees. The Punter Southall financial planning management team will also be part of the transition. The deal is expected to be completed by the end of February. The deal means clients will be able to access "even more diverse and specialist support and services" such as a wider investment proposition, in step with combining technology to keep costs low. Punter South...