Hurst Point Group has acquired fellow wealth manager Helm Godfrey in a deal that will see it add £1bn in assets under advice and £500m assets under management to its coffers.
The subsidiary of global investment firm The Carlyle Group confirmed to Professional Adviser yesterday (10 May) that around 20 of the Helm Godfrey staff included in the deal are advisers, bringing its total to 120. All 65 Helm Godfrey employees are retained within the deal, which sees its financial planning team become part of Hurst Point Group's planning division. Helm Godfrey will be rebranded to Argentis Group in what is expected to be a full back end, technology and rebrand transition process taking around three months. Moving the acquired firm under the Argentis Group comes on...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
