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...

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