Wealth management firms merge to create £6bn business
Wealth management firms Bellpenny and Ascot Lloyd have completed a merger that creates a business with £6bn of funds under management.
Bellpenny, based in Reading, also has an office in 45 Church Street in Birmingham. It is a national wealth management firm supported by Oaktree, one of the leading global investment management firms. It had £3.5bn in FUM as of July 2015.
Ascot Lloyd is based in Wokingham but also has a presence in Wolverhampton, Manchester and Harrogate.
The combined company is said to have more than 100 adv... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
