Davy adds £230m AUM with latest wealth manager buy

clock • 1 min read

Northern Ireland-based wealth manager Davy Private Clients UK has acquired financial adviser and investment firm Graham Corry Cheevers, adding £230m of assets to its books.

Davy Private Clients UK, the financial planning division of the Davy Group, bought Graham Corry Cheevers as part of its ongoing expansion drive, which has so far assembled 30 staff and £640m assets under management. Headed by founding partners Brian Corry, Gavin Graham and Nigel Cheevers, the latest acquisition will bring 2,500 clients with £230m assets under management to Davy's Belfast-based operation. The deal marks Davy's sixth acquisition to date, following Bloxham in 2012, Prescient (formerly AIBIM) in 2013 and Square Seven and iCubed in 2014, as well as the Trusted Advisor Grou...

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