7IM's private client business merges with Amicus Wealth

Forms Amicus Wealth Management

Jen Frost
clock • 2 min read

7IM’s private client business has merged with Amicus Wealth, forming Amicus Wealth Management.

The merger follows 7IM's December 2023 acquisition of Amicus Wealth, the first deal the acquirer had struck since its £255m sale to Ontario Teachers' Pension Plan. Since then, the businesses have been integrated "to form a single, unified firm with greater scale and enhanced capability", according to an update from 7IM shared this morning (2 March). Amicus Wealth Management will be jointly led by managing directors Ben Covey and David Fry. "Bringing our Private Client business and Amicus Wealth together creates a stronger, more resilient firm with greater depth of expertise – and t...

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 Companies

Dan Russell launches Funkled to combat financial education 'crisis'

Dan Russell launches Funkled to combat financial education 'crisis'

Described as a ‘Duolingo’ for financial literacy

Isabel Baxter
clock 05 March 2026 • 1 min read
Aviva's wealth arm posts net flows of £10.9bn

Aviva's wealth arm posts net flows of £10.9bn

'Momentum' in platform asset gathering

Alex Sebastian
clock 05 March 2026 • 1 min read
FCA warns on firm's 'unsuitable' financial advice

FCA warns on firm's 'unsuitable' financial advice

HDH Investment Services had permissions restricted in January

Isabel Baxter
clock 05 March 2026 • 2 min read