Partners Wealth Management adds £855m in assets with Scottish advice firm buy

Johnston Carmichael Wealth is the wealth management arm of Scottish independent accountancy and advisory firm Johnston Carmichael. Headquartered in Aberdeen, the firm manages approximately £855m in assets for around 1,500 private clients. Following today's acquisition PWM will now look after combined assets totalling £6bn on behalf of 5,500 private clients. As part of the transaction, Johnston Carmichael Wealth will retain its existing team, led by managing director and Chartered financial planner Craig Hendry. It will continue to work closely with Johnston Carmichael, aiming to ensur...