Brooks Macdonald buys financial planning firm

Acquisition adds around 500 clients

Jen Frost
clock • 2 min read

Brooks Macdonald has bought Cardiff-based financial planning business CST Wealth Management (CST).

CST has around 500 clients, with assets under advice (AuA) of around £170m. It offers financial planning for both businesses and individuals, according to a Brooks Macdonald news update. "CST Wealth Management is well known to our Cardiff team for their excellent client service," said Brooks Macdonald CEO Andrea Montague. "We are delighted to welcome them to Brooks Macdonald as we increase our offering in Wales and grow our presence in financial planning, aligned with our strategy to reignite growth." CST director Gwyn Williams said: "We are pleased to be joining Brooks Macdonald, whi...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Budget 25: Chancellor makes series of business rate changes

Budget 25: Chancellor makes series of business rate changes

Revealed in OBR report ahead of the Budget speech

Jenna Brown
clock 26 November 2025 • 3 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 25 November 2025 • 3 min read
Editor's view: Here comes the Autumn Budget

Editor's view: Here comes the Autumn Budget

The editor's Friday Night Takeaway from 21 November

Jen Frost
clock 21 November 2025 • 2 min read