Independent wealth manager MKC Wealth has acquired Yodelar Investments and its affiliated digital platform Yodelar.com, in a move aimed at strengthening its foothold in the digital financial advice market.
Founded in 2017, Yodelar.com provides fund performance data and investment analysis to retail investors, acting as a gateway for those seeking financial advice. Its regulated advice arm, Yodelar Investments, was established two years later in 2019. The acquisition adds £120m in assets under advice and 270 high-net-worth (HNW) clients to MKC Wealth's portfolio. Yodelar's team of six includes three financial advisers who primarily serve clients through remote channels, including video calls and telephone consultations. Yodelar Investments director Roy Devine said: "We have seen such ...
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