Quilter adds eight advisers to regional offices through £800m AUA acquisition

Adding £800m AUA

Sophie King
clock • 1 min read

Quilter Private Client Advisers has acquired national advice firm Prescient, adding eight financial advisers to its existing regional offices.

The acquisition will bring 23 new staff to Quilter's offices including eight advisers plus three trainee advisers. It will also add more than £800m of assets under advice (AUA) to the company. Prescient's main office is located in London and has regional offices in Glasgow, Exeter and York. Upon completion, Prescient managing director Chris Woodhams made the decision to retire alongside the firm's director of risk Hugh Bance. Quilter Private Client Advisers strategy and acquisitions director Dominic Rose said Prescient represented a "fantastic fit" for Quilter. "We believe this acquis...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Titan Wealth wins confidential information and harassment case against ex-employee

Titan Wealth wins confidential information and harassment case against ex-employee

Former staff member circulated confidential documents and offensive messages, judge finds

Jen Frost
clock 07 November 2024 • 5 min read
NextGen Planners receives minority investment from entrepreneur James Ashford

NextGen Planners receives minority investment from entrepreneur James Ashford

Ashford takes 10% equity stake

Isabel Baxter
clock 07 November 2024 • 2 min read
ASH Group sells national advice business Lync Wealth Management

ASH Group sells national advice business Lync Wealth Management

Lync has bought seven firms that manage a total of £500m

Jenna Brown
clock 06 November 2024 • 1 min read