Dyer Baade News Today

With uncertainty all around, which key trends will shape the future of financial advice?

Titan Wealth Holdings has entered into a share purchase agreement to acquire Ravenscroft’s UK-based investment management business, subject to shareholder and regulatory approval.

A private equity wave of consolidation is sweeping through the advice industry, but this potentially brings risks to the space’s reputation.

‘We have seen an unprecedented influx of new private equity capital into the industry’

'I would estimate at least 50% of deals are not released to the press'

'At least 50% of deals are not released to the press'

FCA Spac changes to have ‘significant impact’ on UK advice M&A Lowering threshold for initial listing to £100m ‘makes it a perfect size for an acquisition vehicle’ Looser regulatory restrictions around special purpose acquisition companies (Spacs) could have a “significant impact” on the UK financial advice market as investors look for alternative routes to tap into rampant consolidation in the space. A Spac is a corporation formed for the sole purpose of raising investment capita...

It aims to double in size and complete up to four deals within the next 12 months Birmingham-based IFA consolidator Elevation Financial Group (EFG) has completed a debt raise to fund an “extensive acquisition programme”. The total sum of the debt raise was not disclosed. Tony Smith, group managing director at EFG, said: “This is a hugely exciting moment for EFG. “The debt raise will allow us to acquire up to four businesses in 2021 and roughly double our size within a short period of ti...

Daniel Baade: The rise of debt financing in IFA M&A With about 500 IFAs looking to sell their businesses every year over the next five years, there is hardly any shortage of acquisition targets in this sector in the near future - Daniel Baade. There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms... With about 500 IFAs looking to sell their businesses every year over the next five ...