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

AAF puts Europe plans on hold shortly after launch

AAF puts Europe plans on hold shortly after launch

Blames economic climate and Brexit ‘uncertainty’

Sophia Panayi
clock 01 October 2026 • 2 min read
Liontrust to snap up Hawksmoor's fund management and MPS business for initial £6m

Liontrust to snap up Hawksmoor's fund management and MPS business for initial £6m

Expected completion by 31 December

clock 30 September 2026 • 1 min read
Barclays receives targeted support authorisation

Barclays receives targeted support authorisation

To be introduced through ‘carefully controlled rollout’

Sophia Panayi
clock 29 September 2026 • 2 min read