M&G acquires £2.5bn AUA Sandringham FP

180 IFA partners

Tom Ellis
clock • 2 min read

M&G has reached a deal with Sandringham Financial Partners to acquire the Huddersfield-based IFA firm for an undisclosed sum.

Sandringham has more than 180 IFA partners as part of the firm who look after more than £2.5bn assets under advice for around 10,000 clients. Sandringham will sit within M&G's wealth division alongside its existing advice, platform and investment businesses once the deal completes, which is subject to regulatory approval.  M&G fund value improves but performance concerns persist M&G Wealth Management is made up of Ascentric - the adviser platform business it acquired last September from Royal London - along with its direct funds arm and two financial advice units, Prudential Financ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Door's Shilpan Patel: Culture takes centre stage

Door's Shilpan Patel: Culture takes centre stage

Fund selectors increasingly aware of poor culture

Shilpan Patel
clock 27 June 2025 • 3 min read
Artemis' Gent on how active houses can succeed in an evolving marketplace and strategies for growth

Artemis' Gent on how active houses can succeed in an evolving marketplace and strategies for growth

Time of rapid evolution for the wealth and intermediary sector

Katrina Lloyd
clock 26 June 2025 • 7 min read
Winners Gallery: Fund Manager of the Year Awards 2025

Winners Gallery: Fund Manager of the Year Awards 2025

Ceremony on 19 June

Investment Week
clock 24 June 2025 • 1 min read
Trustpilot