M and A

Utmost Wealth Sets Up Shop In Dublin, Draws Line Under Acquisition

Josh O'Neill Assistant Editor 4 July 2017

Utmost Wealth Sets Up Shop In Dublin, Draws Line Under Acquisition

The Isle of Man-headquartered firm has bolstered its presence in Ireland.

Utmost Wealth Solutions has completed its acquisition of Axa Life Europe's investment bond business and has opened a new office in Dublin, Ireland.

The Axa Life Europe portfolio was acquired by Harcourt Life International, which was subsequently renamed Utmost Ireland and will trade under the Utmost Wealth Solutions brand.

The Dublin office provides the firm's UK-based advisors with “greater choice” with the addition of two Dublin-based offshore bonds.

“Following our successful rebrand last year, we have been concentrating on driving the business forward with a clear focus on meeting the needs of financial advisers and their clients,” said Mike Foy, chief executive. “The addition of the Dublin open book to Utmost Wealth Solutions is a further demonstration of our commitment to the UK advisor market.”

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes