Professional Adviser

1 week ago | professionaladviser.com | Jen Frost

The cancellation comes with HSQ Investment (HSQ), a subsidiary of Pollen Street Capital, set to take over the business. HSQ held 68.4% of Kingswood's voting rights as at 12 March, when deal discussions were first announced. Yesterday (16 April), Kingswood updated that HSQ's interests in the business effectively amount to 99.27%. This follows the acceptance of a takeover offer in respect of 9.88% of shares.

1 week ago | professionaladviser.com | Jen Frost

Aims to make flagship fund range ‘available to as many people as possible’ M&G has announced a partnership with FNZ that will see its flagship £64bn PruFund range available via more UK platforms. The PruFund range will become available on FNZ-powered platforms later this year.

1 week ago | professionaladviser.com | Isabel Baxter

Tatton tops the table again Defaqto has identified the top ten most recommended platform managed portfolio solutions (MPS) by value for Q1 2025.

1 week ago | professionaladviser.com | Isabel Baxter

Cheetham Jackson is an independent financial planning firm based in Chorley, with a further eight offices spread across the North of England. It advises on more than £775m of client assets and has more than 70 employee owners. Blakes Financial Management is a firm of IFAs based in Aylesbury, Buckinghamshire, with a team of six advisers. Founded in 2012 by its current managing director, Alan Butler, it manages more than £125m of client assets.

1 week ago | professionaladviser.com | Jen Frost

The move out of 10 Crown Place follows the sale of Close Brothers Asset Management (CBAM) to Oaktree Capital Management in March in a deal valued at up to £200m. CBAM went on to rebrand as independent wealth business TrinityBridge shortly after the sale completed. TrinityBridge is expected to move into the new premises in October, with 300 employees set to relocate. "We are delighted to announce our new headquarters in Marylebone," said TrinityBridge CEO Eddy Reynolds.