acquisition

Schroders is among a group of investors to have acquired a $32m (£18.8m) stake in online wealth manager Nutmeg.

Weath manager European Wealth has bought IFA Compass Financial Benefits, raising £674,000 through the share placing.

Business secretary Vince Cable has called the financial sector "a public good", though admitted it often falls short of this lofty aim.

IFA Bradbury Hamilton has acquired Leeds-based SBB Consulting, in the firm's latest step to fulfill its ambition of becoming a national.

US drugs giant Pfizer has withdrawn its £55 a share, £69bn takeover bid for UK pharmaceutical firm AstraZeneca.

IFA business County Life & Pensions and investment manager Blacksquare are to be acquired by Tavistock Investments as part of its plans to assemble a national financial services business.

National wealth manager and IFA acquirer Bellpenny has completed the acquisition of Hansen Lloyd Asset Management (HLAM) in a deal involving £75m of funds under management (FUM).

National wealth management firm Attivo group has acquired Northwood-based IFA Anthony Etkind & Co, supporting its drive to double in size by 2017.

The selling game: What happens when you get bought out by an acquirer?

National wealth manager and IFA acquirer Bellpenny has completed its biggest acquisition to date with the purchase of MDM Associates, adding a further £322m to its funds under management (FUM).