M&A

Discretionary fund manager (DFM) Barnett Waddingham Investments, formerly part of the Barnett Waddingham group, has de-authorised seven months after being taken over by rival DFM Whitefoord, regulatory records show.

What will lead US growth into 2015?

IFA consolidator Moneygate Group has halved pre-tax losses in the first year following the Retail Distribution Review (RDR) its accounts have shown.

Consolidator and wealth manager Succession Group has made its tenth acquisition putting it a step closer to achieving its target of 50 firms by 2017.

Wealth adviser Towry has signed an agreement with sports agency Quantum Sport to provide financial advice to players in the world of football, cricket and rugby.

Wealth management group and consolidator Succession has acquired LRH Wealth Management for £3m and outlined plans to buy a further nine firms this year.

A legal firm, which recently launched as part of the St James's Place (SJP) network, has bought two financial services firms, fueling its plans to reach £500m of assets under management (AUM) in five years.

Former president of the Institute of Financial Planning (IFP) Julie Lord has been appointed as senior client partner at Towry.

Support services provider Simplybiz has seen a 10% increase in profits in the first year post-Retail Distribution Review (RDR) while 2% of its members have left the industry.

IFA and wealth manager Gemini Wealth Management has acquired the pension and investment business from a fellow advisory firm after it shut up shop due to the "increasing costs" put on small firms.