European Wealth is set to acquire US broker and financial services group Newbridge creating a firm with $4bn assets under management (AUM) and 20,000 clients on its platform.
Subject to US Financial Industry Regulatory Authority (FINRA) approval, the acquisition is set to complete in late 2017 or early 2018 with European Wealth expected to rebrand as Kingswood after it completes....
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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