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Thorntons Investments scraps VAT charges on MPS
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Dundee investment firm Thorntons Investments expands team
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Dundee s Thorntons Investments adds £175m of assets with twin acquisitions
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Thorntons Investments acquires two firms
By Sonia Rach 25
Stephen Webster, Thorntons Investments:
Thorntons Investments has acquired Matheson Financial Consulting and Sonas Wealth Management as part of its ambitious plans to develop and grow the business.
The Dundee headquartered wealth manager said the acquisitions add around £175m assets under management to the existing £420m it already manages on behalf of clients.
Matheson Financial Consulting, based in Aberdeen, was founded by Rory Matheson in 2003 and is an IFA with £130m AUM, providing whole of market financial advice to clients.
Meanwhile, Sonas Wealth Management, which launched in 2017 by Chris Forde, has £45m AUM. It provides practical financial planning services to people, families and businesses in Dundee, Angus and the surrounding areas.