M&A

'This is a great time to be an IFA or wealth manager in the UK'

Deal remains subject to approval from the Financial Conduct Authority

Wealth managers acquired £137bn in combined value AUM last year

Latest findings on industry consolidation trends from NextWealth

More than 160 acquisitions announced in the last three years

Long-term partnership with alternative finance provider

£10.7m total consideration

For CHF 9 per share

Important milestone in transaction

26.1% AUM increase