Sanlam UK is set to acquire Cheltenham-based Tavistock Financial's network of 158 financial advisers, along with 25 support staff, from Tavistock Investments in a deal worth £1m.
Completion of the acquisition, which is part of Tavistock Investments' new focus on building closer relationships with its advisory partner firms, is subject to regulatory approval, which the company anticipated...
To aid regulatory reporting
Has run Cautious Managed fund since 2011
Expected in next few weeks