Ashcourt Rowan has completed its acquisition of UK Wealth Management Limited (UKWM) from Duke Street General Partner in a £14m deal.
The group has received FCA approval for the takeover, first announced in December, which will see Ashcourt Rowan increase its nationwide footprint to 17 offices and its assets to over £5bn, of which £2.2bn is discretionary and managed. The enlarged financial services group will offer a range of services to individuals, families, business owners and employers including financial planning, discretionary fund management and employee benefits and corporate financial planning. Group CEO Jonathan Polin (pictured) said: "This acquisition gives us scale across our areas of operations, part...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
