M&A support service targets wealth management sector

Since its inception in July 2023, the service has facilitated transactions for eight acquirers and 30 sellers, representing a combined £6bn in assets under administration (AUA). The offering aims to accelerate M&A processes for wealth management firms. The firm said the service "helps reduce transaction timelines by an average of six weeks". The Flower Group founder Gordon Flower told PA: "Wealth management is in my DNA. I'm passionate about working with smaller firms. This is the most important moment in their career." He noted the impact of evolving regulations like Consumer Duty...