Foster Denovo acquires Rosemount Asset Management

Rosemount Asset Management was established by adviser Raymond Pirrie in 2010. The team also consists of two other advisers, Jon Sweeney and Graham Scott, and four support staff. They manage over £200m in assets for 571 households throughout Scotland. Through the recent acquisition of Punter Southall Aspire earlier in the year, Foster Denovo said it secured a strong employee benefits consultancy presence in the Scottish capital. This latest deal marks its first acquisition of a private wealth business in the country and signals its intent to establish a strong presence in Scotland. Usi...