Thinc acquires Watterson Wealth

The acquisition expands Thinc’s total staff by 18 and adds £152m of funds under management. WWM is a financial planning firm serving the high net worth market, an area of business in which Thinc wishes to grow its presence. Commenting on the move, John Simmonds, chief executive of Thinc, says: “The expansion of our successful Wealth Management division is a key focus for 2008 and this is another important strategic acquisition for Thinc. "Watterson Wealth Management has a great reputation and their high-quality client base will help increase our influence and impact in this important are...