In the second of a two-part interview series, Jenna Brown talks to Catalyst Partners about the future of the UK financial advice consolidation market and why some private equity backers could soon be looking for an exit…
Wealth management firm Hurst Point Group has completed its acquisition of fellow wealth manager Helm Godfrey following Financial Conduct Authority regulatory approval.
Consolidator Hurst Point Group has completed the acquisition of London-based wealth management firm Helm Godfrey after getting regulatory approval. The acquisition, which was first announced in May, will bring Hurst Point's total assets under advice and management to approximately £5bn.
Hurst Point Group has acquired fellow wealth manager Helm Godfrey in a deal that will see it add £1bn in assets under advice (AUA) and half a billion in assets under management (AUM) to its coffers.
Hurst Point Group has bought wealth management firm Helm Godfrey bringing in approximately £1bn of assets under advice. The acquisition, which is subject to regulatory approval, will add approximately 2,500 clients and increases the number of financial advisers across the group to 120.