M and A

Sanlam Makes Trio Of Acquisitions, Nets £77 Million In Assets

Wendy Spires Group Deputy Editor London 25 October 2012


Sanlam Private Wealth, a UK arm of South Africa’s Sanlam Group, has netted an additional £77 million ($123 million) in assets with a trio of acquisitions – its second IFA hat-trick of the year.

The firms are Gloucestershire-based Stratton Annette's, Swansea-based Sheriton Financial Services, and a third, as yet unnamed, firm based in the southwestern region.

The client books of Stratton and Sheriton are worth £27 million and £25 million respectively, with the unnamed firm bringing in the remaining £25 million in assets.

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