Foster Denovo buys Kent-based adviser Orchard Wealth Cultivation

More acquisitions to follow

Hannah Godfrey
clock • 2 min read

Foster Denovo has acquired Kent-based Orchard Wealth Cultivation for an undisclosed fee.

Orchard is a family-run financial planning firm, based in Kent, which provides clients with holistic financial advice and wealth management services. The firm was founded in 2005 by Mike and Sally Wiggins. As part of the agreement, Orchard's clients will be incorporated into Foster Denovo and will continue to be led by Mike Wiggins, who has joined the firm has a Chartered financial planner. Sally has also joined the firm. The consolidator said Orchard's acquisition was the first in a number of deals it expected to complete in 2019. 'Not a consolidator' Foster Denovo CEO Roger Bro...

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 Your profession

Vigilance still the best defence against ever-sophisticated AI scammers

Vigilance still the best defence against ever-sophisticated AI scammers

'These days you can't even trust what is in front of your eyes'

Roger Brosch
clock 08 January 2025 • 3 min read
Number of clients who say advice is value for money up 10% in two years

Number of clients who say advice is value for money up 10% in two years

Accessibility and cashflow modelling outlined as measures of value

Sahar Nazir
clock 08 January 2025 • 2 min read
NextWealth: Access to advice will shrink in 2025

NextWealth: Access to advice will shrink in 2025

Advice gap to increase by end of year

Sahar Nazir
clock 07 January 2025 • 2 min read