Equilibrium Acquires Kingsworld Walder

September 19, 2012

On September 17, 2012, Marlborough, England-based Equilibrium Wealth Management Limited announced that it had acquired client bank Kingsworld Walder Limited.


On September 17, 2012, Marlborough, England-based Equilibrium Wealth Management Limited announced that it had acquired Kingsworld Walder Limited.  The acquisition of Kingsworld, a client bank based in Gillingham, Dorset, England, will bring Equilibrium’s client funds under advice to approximately £150 million.  Following the acquisition, Kingsworld’s advisers will retire and Equilibrium will assume management of Kingsworld’s clients.  The transaction occurred in part due to the anticipation of the implementation of compliance requirements under the Retail Distribution Review in January 2013. 

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions