Sanlam Private Wealth Acquires Two Financial Planning Businesses

August 15, 2013

On August 13, 2013, Sanlam Private Wealth, a UK wealth management business, announced that it had acquired the client banks of two UK financial planning businesses, Cornforth Consultants Wealth Management and Wealthport Limited.

On August 13, 2013, Sanlam Private Wealth, a UK wealth management business with approximately £50 billion in assets under management, announced that it had acquired the client banks of two UK financial planning businesses.  Cornforth Consultants Wealth Management has 225 clients and approximately £32.2 million in assets under management.  Wealthport Limited has 114 clients and approximately £19.5 million in funds under management..  The terms of the transactions were not disclosed.

To read the press release, please click here.


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Investment Manager M&A, Investment Manager Strategic Investments, Transactions