Small adviser platform Wealthtime to be acquired by private equity firm

Subject to regulatory approval

Sophie King
clock • 1 min read

Adviser platform Wealthtime is set to be acquired by private equity firm AnaCap Financial Partners, subject to regulatory approval.

At first, the focus will be on growing the Wealthtime business by enhancing the adviser experience. Investment from the acquisition will focus on Wealthtime's proprietary platform technology to help improve the interface, streamline processing and to diversify the product. As a result of the acquisition, Wealthtime will add three new members to its senior team, also subject to regulatory approval. Incoming CEO Patrick Mill, soon to be COO Richard Denning and incoming finance director (FD) Dominic Easton will join Wealthtime commercial director Lucy Bristow to form the senior executive te...

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