Benchmark adds £450m in assets with two acquisitions

It has purchased Caroline Banks & Associates (CB&A) and Verum Financial (Verum). Both firms are long-standing clients of Benchmark. CB&A has worked with Benchmark for 11 years and Verum has been a client for more than six years. Both businesses have used Benchmark's technology and compliance solutions. Verum is based near Canterbury, Kent and has a team of six advisers running £250m in client assets. CB&A is headquartered in Mayfair and has three advisers who run more than £200m of client assets. Benchmark said the management teams and staff of both firms would join its ranks as pa...