M and A

Deals Of The Day: The Latest In Wealth Management M&A - Quilter

Editorial Staff 30 November 2018

Deals Of The Day: The Latest In Wealth Management M&A - Quilter

The latest moves in wealth management across Europe, Middle East and Africa.

Quilter Private Client Advisers has acquired three financial planning businesses, Eastgate Financial Management, Holdaway Johnson and Clive C Aitkenhead Financial Consultant. The deal takes the number of firms acquired this year by the national advice business to 11.

Clients of Cheltenham-based, Eastgate, will be serviced from Quilter Private Client Advisers’ Birmingham office, while Holdaway Johnson, based in Surrey, will be aligned to the London office. Clients of Blackburn-based firm, Aitkenhead, will now be serviced by Quilter Private Client Advisers’ Chester office.

David Irving, Clive Aitkenhead and Charles Holdaway, the respective owners of Eastgate, Aitkenhead and Holdaway Johnson, will each retire after helping with the smooth transition of the businesses to Quilter Private Client Advisers.

Financial terms of the transaction were not disclosed.

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